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ARTICLE · 29 OCTOBER 2020

AML Legislation: Amendments

ELVINGER HOSS PRUSSEN, société anonyme
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AML Luxembourg legislation and CSSF regulation further amended with immediate effect.

LuxembourgGovernment, Public Sector
Elvinger Hoss Prussen
Elvinger Hoss Prussen

AML Luxembourg legislation and CSSF regulation further amended with immediate effect.

On 20 August 2020, two pieces of legislation amending the applicable AML/CFT legal and regulatory framework were published:

  • Grand-ducal Regulation of 14 August 2020 amending Grand-ducal Regulation of 1 February 2010 providing details on certain provisions of the Law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended ("AML GDR"); and
  • CSSF Regulation 20-05 of 14 August 2020 amending CSSF Regulation 12-02 of 14 December 2012 on the fight against money laundering and terrorist financing ("AML CSSF Regulation").

Coordinated versions of both the AML GDR and the AML CSSF Regulation are available on the CSSF website.

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