LUXEMBOURG’S AML/CFT NATIONAL RISK ASSESSMENT IS NOW AVAILABLE

On 11th October, CMS Law reported that, on 9th October, the Commission de Surveillance du Secteur Financier published a press release in which it informs professionals subject to its supervision that the 307-page national risk assessment of money laundering and terrorist financing is available.  It says that interested parties should contact the CSSF at the following address: nra@cssf.lu in order to receive a link enabling them to download the relevant report.  It also says that the CSSF also intends to publish specific sectors risk assessments, such as reports on risks in the private banking sector, collective investments and certain specialised professionals of the financial sector.

https://www.cms-lawnow.com/ealerts/2019/10/luxembourg-national-risk-assessment-of-money-laundering-and-terrorist-financing-is-now-available?cc_lang=en

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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