Are you ready to support the Money Laundering Reporting Officer of a financial institution in investigating a complex situation? Are you able to efficiently deal with the business stakeholders to get the full picture and provide a reliable assessment?
'AML - Follow the money' is the new immersive digital case-study designed by PwC’s Academy and PwC’s subject matter experts to support the acquisition and assessment of essential AML knowledge and competence. Building upon the success of our AML Codename Black e-learning, it brings the learning experience to a new level.
This innovative learning solution leverages micro learning and embeds high quality videos, interactive quizzes and an evolving scenario. Gamification techniques allow learners to ‘live’ the case study and facilitate learning retention.
Get ready for a unique, immersive and lasting anti-money laundering training experience!
Please note that PwC’s Academy offers 3 versions of this e-learning module:
- An English version considering the Luxembourg regulatory framework.
- A French version considering the Luxembourg regulatory framework (in this version, the videos remain spoken in English with a French text transcription).
- A non-jurisdiction specific English version considering the broader European regulatory framework.
Price:
We deploy our e-learning solution as from 10 licences.
- From 10 to 50 participants: 75 EUR;
- From 51 to 150 participants: 70 EUR;
- From 151 to 300 participants: 60 EUR;
- More than 300 participants: 50 EUR.
Duration: 1h
Language: Available in English and French, depending on the version
Objectives
By the end of this training, the participants will be able to:
- identify the different steps of the money laundering cycle;
- learn about the latest anti-money laundering regulation updates in Luxembourg;
- spot the red flags and link risk factors to understand main laundering techniques;
- consider the anti-money laundering controls cycle;
- challenge and apply AML internal controls;
- apply "Customer Due Diligence" (CDD) procedures to identify and manage key risk indicators within customer relationships;
- profile and monitor relationship activity;
- understand reporting obligations.
Advantages of our digital learning solution
- Time/cost effective learning
- Immersive case study developed using micro learning and gamification techniques to ensure learner’s engagement and favouring optimal learning retention
- Consistency of content delivery to all users
- Flexibility: learn anytime, anywhere! (learn on any device: tablet, phone, laptop, etc)
- Tracking of progress and reports
- Pedagogical tools
Target audience
The programme is particularly appropriate for gaining a first essential understanding of AML and for use in conjunction with local regulatory requirements and legislation.
Overall, it is dedicated, but not exclusively, to:
- professionals employed by financial institutions
- personnel from accountancy practices, law firms and regulators
- employees subject to understanding AML procedures in countries of the European Union with a focus on Luxembourg regulations
Our lead experts
This e-learning, coordinated by Michael Weis, Partner at PwC Luxembourg, has been designed by experts of PwC Forensic Services.
Michael, Financial Crime Leader and Partner in the forensic services, gained extensive knowledge in the investment management and banking industries.
As a key member of the internal controls practice of PwC, Michael specialises in the review of internal controls in the context of SAS 70 reviews and controls reports. He is the manager of various high-profile client assignments on internal controls reports and on Anti-Money-Laundering (AML) in the investment management industry.
Within PwC, Michael takes a key role in the AML taskforce and on internal controls work for the prevention of financial crime. He is coordinating the PwC’s Academy's “Fight against financial crime” leading training programmes that regularly involve international subject matter experts (e.g. transparency international, UN Security Council, FATF, SCPC, FSA, CSSF etc.).
Through his professional qualifications he specialises in compliance related topics such as internal controls frameworks, fraud prevention/investigation and AML.
Boris, Director, is the team leader of the PwC Forensic Service practice in Luxembourg. He is a subject matter expert in AML/CTF, sanctions and fraud related topics and member of the PwC internal anti-fraud and investigation task force, PwC internal AML taskforce and global financial crime team.
Alessandro is a director in the forensic services. He has been working on AML/CTF topics for more than 8 years and for PwC since 2015.
Camélia is a manager in the anti-financial crime department of PwC Luxembourg. Over the last 8 years she has worked on AML/CFT risk and compliance topics.
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