Introduction to Anti-Money Laundering Law and Compliance: An International and Regional Perspective

About

This summer school is designed to bridge the knowledge gap for legal practitioners, offering an in-depth exploration of anti-money laundering (AML) compliance, with a particular focus on its application to designated non-financial businesses and professions (DNFBPs). The course delves into the complexity of the regulatory landscape, examining the latest developments in AML laws and the evolving challenges that legal professionals face in ensuring compliance.

A key component of the program is understanding the pivotal role that legal practitioners play in preventing money laundering and terrorist financing. Participants will gain insights into their ethical and professional obligations within the context of AML regulations, equipping them with the knowledge to effectively navigate the legal and regulatory frameworks governing DNFBPs.

This course aims to equip law students and practitioners with the tools necessary to manage AML compliance risks. By the end of the program, participants will have a thorough understanding of the practical applications of AML laws and be better prepared to address the challenges presented by a constantly evolving regulatory environment.

Target group

This course is designed for a diverse group of law students, encompassing those at both undergraduate and postgraduate levels. The course is also aimed at legal practitioners from anywhere in the world who provide services such as conducting transactions on behalf of clients such as setting up and managing client trust accounts and conducting real estate and securities transactions and so on. Finally, the course also targets regulators of the legal profession such as law societies and bar associations as well as Financial Intelligence Units.

Note: While prior knowledge in areas such as international law, criminal law, constitutional law, and civil law is advantageous, it is not mandatory.

Course aim

By the end of this course students will be able to:

Understand the structure and nature of international AML law
Distinguish different sources of the legal basis for AML compliance
Explain the role of legal practitioners in AML compliance
Identify the main AML compliance methods
Design AML compliance programs.

Fee info

Student or PhD candidate: €1000, student or PhD candidate at any Dutch university or partner university of VU Amsterdam: €900 Student, PhD candidate or employee of VU Amsterdam, Amsterdam UMC, or an Aurora Network Partner: €750, Non-student: €1200