Description

In partnership with Drive Innovation Insights Faced with the terrorist threat and the development of 'fintech' which is accompanied by new forms of money laundering, banking establishments and insurers must face a tightening of their vigilance obligations. Transposition of the IVth directive, declaration of suspicion to Tracfin, Sapin II law... these numerous regulations provide specific measures to combat money laundering and the financing of terrorism and impact control systems. This essential training gives you all the keys to adjust your procedures and ensure your compliance.

Who is this training for ?

For whom ?

All professionals in commercial and administrative functions, front, middle and back offices or even support functions for banking and financial or non-financial establishments concerned with the challenges of combating money laundering and preventing the financing of terrorism.

Prerequisites

Training objectives

Decipher the new regulatory framework for the fight against money laundering and the financing of terrorism.

Identify your obligations and assess the risks of calling into question your responsibilities.

Strengthen your control systems and adjust your procedures with changes in regulations .

Training program

• Decipher the regulatory framework
  • Reminder of the scope of application of the 3rd directive.
  • Transposition of the 4th directive and proposal for a 5th directive
  • AML: access to national registers of information on beneficial owners; tightening of the authorities' power to sanction.
  • The EC action plan of February 2, 2016 and the Sapin 2 law: duty of vigilance and implementation. anti-corruption program; obligation to collect information on the beneficial owner.
  • Guidelines and main recommendations of the ACPR, the AMF, the Financial Action Group and the OECD.
  • Tax fraud: its scope, and the latest obligations.
  • Implementation of OECD FATCA applicable in 2017 and the CRS to fight against fraud.
  • Adoption of the ATAD directive in 2016.
• Protect yourself against the risk of money laundering operations and tax fraud
  • Increased control of customer knowledge (KYC).
  • Methodology for classifying customers according to risk.
  • Laundering dirty money: techniques and circuits used.
  • Payment methods.
• Secure your prevention, control and traceability systems
  • The choice and implementation of a system.
  • Reporting suspicion to Tracfin.
  • Processing and storage of data.
  • The procedures and vigilance tools to be put in place.
• Prevent the risk of sanctions
  • The scope of the banker's liability.
  • What consequences in the event of failure?
  • Does the suspicious transaction report exempt you from all liability?
• Apply internal communication requirements
  • How to communicate information relating to a suspicious transaction report?
  • Procedure guides.