WebOct 6, 2024 · On 24 September 2024, the CSSF released its Circular 21/782 which (i) provides information on the EBA Guidelines (the “GL”) on customer due diligence (the “CDD”) and the factors credit and financial institutions should consider when assessing the money laundering and terrorist financing (“ML/TF”) risk associated with individual … WebMar 25, 2024 · Formalising what is CSSF practice, the CSSF Regulation now specifically provides that professionals are required to appoint both (i) a person responsible for compliance with the AML-CTF professional obligations at the level of the authorised management or board of directors and. (ii) a compliance officer in charge of the control of …
Changes to Luxembourg Reporting Requirements - Maples
WebJan 17, 2024 · amending and correcting Delegated Regulation (EU) 2024/979 supplementing Regulation (EU) 2024/1129 of the European Parliament and of the Council with regard to regulatory technical standards on key financial information in the summary of a prospectus, the publication and classification of prospectuses, advertisements for … WebMar 26, 2024 · This briefing focuses particularly on the anti-money laundering and combating the financing of terrorism (AML/CFT) provisions set out in sub-chapter 5.4 of the Circular. ... regarding prohibitions and restrictive measures in financial matters, Grand Ducal Regulation of 1 February 2010, CSSF regulation n° 12-02, Circular 10/495, ... flue brush heads
Anti-Money Laundering and Countering the Financing of …
WebAug 6, 2024 · The Financial Services Compliance and Regulation practice of Kroll, provides updates from the French financial regulator, Autorité des marchés financiers (AMF) and Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) for asset managers during Q2 2024.. Autorité des Marchés Financiers (AMF) Updates. The AMF … WebFeb 22, 2024 · The circular introduces a new AML/CFT external report for all Luxembourg-based IFMs, including registered AIFMs and all Luxembourg investment funds supervised by the CSSF for AML/CFT purposes. The report must be prepared by the approved statutory auditor applicable the first time as at year end (December 31, 2024). Circular CSSF 21/789 WebJun 6, 2024 · 21/01/20 - Anti-money laundering and counter terrorist financing – mandatory survey due in March 2024. 11/09/20 - New AML / CFT CSSF Regulation and Grand-Ducal Regulation. 11/09/20 - New CAA AML / CFT regulation. 31/03/20 - Law of 25 March 2024 establishing a central data retrieval system for bank, payment accounts and … greene county board of elections ny