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ARTICLE · 19 JULY 2023

AML/CFT Update

ELVINGER HOSS PRUSSEN, société anonyme
Explore more from ELVINGER HOSS PRUSSEN, société anonyme

CSSF Circular 21/788 of 17 December 2021 introduced the obligation for In-scope Entities to prepare, together with their approved statutory auditor acting as external AML/CFT expert...

LuxembourgGovernment, Public Sector
Elvinger Hoss Prussen
Elvinger Hoss Prussen

1. CSSF: AML/CFT External Report – Reminder on submission deadline

CSSF Circular 21/788 of 17 December 2021 introduced the obligation for In-scope Entities to prepare, together with their approved statutory auditor acting as external AML/CFT expert, and submit, on a yearly basis, the so-called "CSSF AML/CFT External Report" ("Report"). "In-scope Entities" are (i) all Luxembourg investment fund managers (including registered AIFMs) and (ii) Luxembourg investment funds supervised by the CSSF for AML/CFT purposes (excluding Luxembourg investment funds having appointed an investment fund manager, established in Luxembourg or abroad).

In this context, the In-scope Entities are reminded that the extended deadline to submit the Report within nine months after the financial year-end (31 December) is no longer applicable. As a result, the Report for In-scope Entities having their financial year ending on 31 December 2022 had to be submitted to the CSSF by 30 June 2023.

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