Anti-Money Laundering (AML): Professional Competence under the German Money Laundering Act (GwG) – Compact and Practice-Oriented

A compact overall update on supervisory audit focus, reporting requirements, fraud typologies and international sanctions risks. Designed for professionals seeking to efficiently refresh their knowledge and gain regulatory certainty.

Our speaker, Holger Pauco-Dirscherl, an experienced Senior Financial Crime professional with nearly 20 years of expertise in Anti-Money Laundering (AML), will provide a clear and structured overview of current developments in AML. The session will cover key regulatory requirements, supervisory examination priorities, and practical guidance for effective implementation in financial institutions.

Topics:

• Current status of risk analyses
• Developments in sanctions law
• Terrorist financing:
• Know Your Customer (KYC) in practice
• Internal safeguards and controls
• European perspective

The seminar stands out through the direct involvement of one of Germanys most experienced AML practitioners, ensuring participants receive insights grounded in real operational practice rather than theory. Holger Pauco-Dirscherls combination of hands‑on investigative work and strategic leadership enables him to translate complex regulatory expectations into clear, actionable guidance.

The seminar is designed for AML officers, compliance professionals, risk managers and specialists who need a concise, practice‑oriented update on current regulatory expectations. It is equally suitable for experienced practitioners seeking to sharpen their operational and supervisory expertise.

• Current status of risk analyses:
  Supervisory expectations, common weaknesses, required level of documentation and the derivation of effective control measures.
  Suspicious activity reporting in practice:
  Reporting triggers, distinction between reportable and non-reportable cases, current interpretative guidance and common sources of error.
• Developments in sanctions law:
  EU sanctions regimes, circumvention typologies, beneficial ownership and practical implications for business relationships.
  Fraud and financial crime risks linked to money laundering:
  Current fraud patterns, interfaces between fraud and reporting obligations, and supervisory audit focus.
• Terrorist financing:
  Current threat landscape, relevant indicators, low-value transaction scenarios and specific requirements for risk assessment.
• Know Your Customer (KYC) in practice:
  Risk-based due diligence obligations, updating requirements, data quality and handling of higher-risk customers.
• Internal safeguards and controls:
  Requirements for processes, responsibilities, training concepts and evidence of effectiveness vis-à-vis auditors and supervisors.
  Supervisory developments and audit practice:
  Current supervisory priorities, findings from inspections and expectations placed on specialist departments.
• European perspective:
  Overview of new AML structures (including AMLA), implementation timelines and anticipated impacts on obliged entities.