Key aspects and changes introduced by the 4th Directive.
Unfortunately 2016 highlights a real need of improving the compliance and fighting against the financial crime sector. Under governance from the 4th EU AML Directive, applying unprecedented fines on banks, sanctions and increased terrorist-risk are just most of the factors making it harder than ever to secure an effective compliance function.
IFE has gathered a group of relevant experts to share their methods for maintaining AML regime (despite a constant complex regulatory landscape).
We expect that the AML and Compliance conference will help and assist you in discussing and developping the key strategic, commercial and technical issues for the banks.
Thierry Pouliquen, Bonn Steichen & Partners' AML expert, will intervene on the recent developments of case-law and regulatory framework in the field of AML and lessons learned from past cases:
- Bill of law No.7020: the creation of a new tax offense ‘aggravated tax fraud’ and the new Article 506-1 of the Criminal Code. What about the new obligations for professionals?
- UBO register recent challenges and developments. What are the lessons to be drawn from the solutions chosen by other Member States.
- Money laundering as such and risks deriving from professional obligations. What are the pitfalls to avoid?
- The review of recent Luxembourg case-law.
- New tools like prepaid cards or virtual currencies: how facing the risks of money laundering that requires all due care?
Gérard ZOLT - EY
Thierry POULIQUEN - BONN STEICHEN & PARTNERS
Sundhevy DEBRAND - NORDEA Investment Funds S.A.
Renata HOES - GENERALI INVESTMENTS LUXEMBOURG S.A.
Neil HEROLD - SQOPE S.A