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ARTICLE · 27 NOVEMBER 2019

Luxembourg Update: CSSF AML/CFT Investment Market Entry Forms

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Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier, issued a press release regarding the availability of two AML/CFT investment market entry forms.

LuxembourgFinance and Banking
Johan Terblanche
Johan Terblanche
Michelle Barry
Michelle Barry
Philippe Burgener
Philippe Burgener
Jevgeniy Nesch
Jevgeniy Nesch
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On 7 November 2019, Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (the "CSSF"), issued a press release regarding the availability of two AML/CFT investment market entry forms on the CSSF's website. The purpose of the forms is to collect standardised key information in relation to: (i) the money laundering and terrorist financing risks ("ML/TF risks") to which all professionals supervised by the CSSF are exposed; and (ii) the measures put in place to mitigate these ML/TF risks.

This latest press release follows the publication of an earlier press release in which the CSSF informed market participants that it had put in place an AML/CFT Investment Fund questionnaire. The questionnaire had to be completed and submitted as part of each application to establish a Part II UCI1, SIF2, SICAR 3 or ELTIF4.

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