216 results found

On 24 April 2019, the Financial Intelligence Unit ("FIU") of the Luxembourg Prosecutor's office published a note on forged transfer orders which particularly addresses their typologies and indicators.

On December 22, 2021, the CSSF issued guidelines for the fund industry regarding the new external report on anti-money laundering and financing of terrorism measures that must be drawn up by an external expert.

On 13 December 2024, the CSSF published a new FAQ on AML/CFT asset due diligence obligations (CSSF FAQ) in relation to the implementation of Article 34(2) of CSSF Regulation 12-02.

The AED1 issued, on 28 July 2025, its Circular N° 792 ter dated as of same day (the "New AED Circular" – available through this hyperlink – only in French).

The implementation of EU restrictive measures in financial matters ("sanctions"), once adopted, requires mechanisms that bring together the competent national authorities and ensure their rigorous and...

The 4th EU AML Directive1, as amended by the 5th EU AML Directive2, requires each Member State of the EU inter alia to establish registers of beneficial owners ("RBO") ...

Following a decision of the European Court of Justice, access to the Luxembourg register of beneficial owners by the general public was suspended on 22 November 2022.

On 7 February 2024, the Luxembourg supervisory authority for the financial sector (Commission de Surveillance du Secteur Financier, "CSSF")...

In a frequently-asked questions document issued on November 25, 2019, Luxembourg's Financial Sector Supervisory Authority has clarified the roles and responsibilities of the two individuals in charge of compliance ...

On 21 March 2020, the Luxembourg Parliament adopted the law implementing the remaining aspects of the 5th Anti-Money Laundering Directive ("AMLD V") in national legislation (the "Law").

The last three remaining texts of the AML-CTF Package (i.e. the AML Directive, the AMLA Regulation and the AML Regulation) have been published in the OJEU on 19 June 2024.

With a view to improving its risk-based supervision, the CSSF published three Circulars for prudential and AML/CFT purposes at the end of December 2021. These circulars modify (and replace)...

Among the different questions raised in these two requests for a preliminary ruling ...

The CSSF issued on 23 August 2018 a new circular 18/698 ("Circular") repealing CSSF Circular 12/456.

Elvinger Hoss Prussen triggered a landmark preliminary ruling on 22 November 2022, in which the Court of Justice of the European Union (CJEU) has declared the 5th AML Directive...

In this context, on 16 December 2022, the LBR announced a new procedure for obtaining access to the RBE, applicable solely to Professionals within the meaning of Article 2 of the AML/CFT Law.

Following the long winter hibernation, the end of March was hectic with a series of new tax measures.