Do you know your new duties as money laundering officer? With the course “Money Laundering Officer: Duties + Data Protection + Criminal Law” you will receive your update to the 5th EU / 6th EU Money Laundering Directive. With the course “Money Laundering Officer: Duties + Data Protection + Criminal Law”, the participants learn the following knowledge to ensure the expertise of money laundering officers:

Day 1 

  • Regulatory Audits 2019 – Current Audit Focus
  • Risk analysis according to § 5 AMLA: development of a risk management system
  • Data Protection for Money Laundering Officer – Implementation § 58 GwG

Day 2

  • Top prepared for the money laundering review of regulators
  • Investigations and criminal proceedings: What you as a money laundering officer should know and pay attention to?

The participants will receive a certificate of participation as proof of further qualification according to §27 PrüfbV and GwG.

Book the course “Money Laundering Officer seminar: Duties + Data Protection + Criminal Law” online with the product no. L 15; convenient and easy with the course registration form online.

Price for the Course Money Laundering Officer: Duties + Data Protection + Criminal Law

Price: 1.380,– £ excl. 19% VAT.

Included in the price:
Participants documents as PDF,  3-course meal, coffee, tea, soft drinks and snacks in the breaks

Book online with the product no. L15. Convenient and easy with the course registration form online.

 

Money Laundering Officer: Duties + Data Protection + Criminal Law

Target group for the course “Money Laundering Officer: Duties + Data Protection + Criminal Law”

  • Managing directors, board members at banks, financial service providers, insurance companies, leasing and factoring companies, goods dealers
  • Money Laundering Officer, Deputy Money Laundering Officer, New Money Laundering Officer, Compliance, Central Office, Internal Audit and Legal Department
  • Money laundering officers and their deputies from non-financial companies.
  • Lawyers, Chamber Legal Advisers, Patent Attorneys and Notaries.
  • Legal advisers who are not members of a bar association and registered persons according to § 10 of the Legal Services Act.
  • Auditors, certified accountants, tax consultants and tax representatives.
  • Service provider for companies and for trust or trustee.

 

Your benefit with the Course “Money Laundering Officer: Duties + Privacy + Criminal Law”

Day 1:

  • Regulatory Audits 2019 – Current Audit Focus
  • Risk analysis according to § 5 AMLA: development of a risk management system
  • Data Protection for Money Laundering Officer – Implementation § 58 GwG

Day2:

  • Top prepared: Regulatory audit of the authorities + 5. EU Money Laundering Directive
  • Investigations and criminal proceedings: What you as a money laundering officer should know and pay attention to?
  • 6. EU Money Laundering Directive: Strengthen the fight against criminal law

Certificate of attendance:

Continuing education confirmation according to §27 PrüfbV – Proof of competence to GwG

 

Program for Day 1:

Risk analysis according to §5 AMLA: audit-proof preparation and updating of the annual financial statements

  • Money laundering: practice reports from examinations and judgments
  • Interpretation instructions for the new money laundering law
  • Structure, structure and content of a risk analysis focusing on money laundering and white-collar crime
  • Collection, identification and evaluation of risks
  • Establishment of a group risk analysis
  • Research and control activities according to the risk classification
  • ESA sector-specific guidelines on money laundering prevention

Testing certainty and less work with the S+P Tool Box:

+ Creation of the hazard analysis and determination of appropriate preventive measures and control actions

+ Sample guide for creating and updating a hazard analysis

Risk analysis according to section 25h (1) KWG: other punishable acts

  • Characteristics, motives and typical profiles of perpetrators
  • Action strategies for unusual and conspicuous business transactions
  • Special measures against fraudulent acts or other criminal acts
  • Fight against fraud according to § 25h KWG: emergency reactions, preventive measures and emergency measures
  • Application notes, case studies and practical experience

Testing certainty and less work with the S+P Tool Box:

+ Complete documentation for the direct implementation of the anti-money laundering and fraud system (size approx. 80 pages)

Suspicious transaction according to §§43,45 GwG: time, form and content

  • When is a suspicious transaction report?
  • Form and content of the suspicious transaction report: Which documents must be enclosed with the online declaration?
  • Internal and external suspicious transaction reports: duties of employees
  • Reporting of suspected cases – interfaces with investigating authorities
  • How are customers treated for suspicious transactions Refusal – Prohibition of execution – New rules on deadlines – Liability risks
  • Consequences of the OLG judgment Frankfurt of 10.04.2018 for the reporting practice of the Money Laundering Commissioner

Testing certainty and less work with the S+P Tool Box:

+ Examination instructions of the BMF for the handling of the suspicion reporting

 

Data protection for money laundering officers

  • New requirements of § 58 GwG to the data protection
  • Audit-proof implementation of EU DSGVO and BDSG-2018
  • Proper handling of personal data
  • Are there any restrictions on the identity verification and due diligence according to the GWG?
  • Obligations to correct personal data – §37 GwG
  • Interfaces in practice too
    • Processing Inventory Art. 30 EU-DSGVO
    • Data protection impact assessment Art. 35 EU-DSGVO
    • Deletion Concept Art. 17 EU-DSGVO and DIN Standard 6639
  • Group-wide uniform security measures for data protection

  • Legal consequences in case of violation of data protection obligations by the Money Laundering Officer

Testing certainty and less work with the S+P Tool Box:

+ S & P Check: Verification-proof implementation of the interface GwB and DSB

 

Program Day 2:

Top prepared: Regulatory audit of the authorities + 5. EU Money Laundering Directive

  • Current requirements and interpretations of the new Money Laundering Act
  • Examination of the risk management according to §4 GwG – what must the commissioners and the responsible management body pay attention to?
  • Fines against Money Laundering Officers – Frankfurt Higher Regional Court: Judgment of 10.04.2018
  • 55 recitals of the 5th EU Money Laundering Directive:
    • Extended circle of obliged entities: providers of virtual currencies and fiat money (EG 8 to 11)
    • Surveillance of politically exposed persons (EG 23)
    • Reorganization of the risk-based review of existing customers (EG 24)
    • Disclosure obligations of beneficial owners (EG 28 to 42)
    • Due diligence to third countries: cross-border correspondent banking relationships (EG 43)
  • Increased due diligence on high risk third countries with strategic deficiencies – New requirements of the EU Delegated Regulation

  • Integration with the sector-specific guidelines for money laundering prevention

Testing certainty and less work with the S+P Tool Box:

+ S+P Check: Prevention measures – and control actions

+ S+P control tool: Verify control actions as a money laundering agent

 

The course of investigation and criminal proceedings in practice

  • Civil Law – Criminal Law: The main distinguishing features
  • Liability of the Management Board and senior employees towards their company
  • Real liability for tort: ​​cease and desist, commissioner liability, fine catalog 56 GwG and association fine §30 OWiG
  • Organization and Delegation in the Company: Criminal Responsibility of Employees
  • Enforcement of Civil and Criminal Claims
  • Rights and Duties of Accused and Witnesses
  • Procedures of the investigating authorities in practice
  • Proper instruction and interrogation protocol – what should be considered?
  • Use the right tactics in interrogations
  • Securing evidence: search, seizure and pre-trial detention

Testing certainty and less work with the S+P Tool Box:

+ S+P Guidelines for house searches

+ S+P Check: rights and obligations in preliminary proceedings

 

6th EU Money Laundering Directive: tightening up the fight against criminal law

  • 24 recitals to the 6th EU Directive at a glance
  • Changes to the catalog of predicate offenses and tax offense
  • New tightening requirements for debtors
  • EU-wide imprisonment of at least 4 years