Regulatory Alerts2020-08-24
CSSF Regulation No 20-05 amending Regulation No 12-02 on the fight against money laundering and terrorist financing
The Commission de Surveillance du Secteur Financier issued Regulation No 20-05 on 14 August 2020 to amend its previous Regulation No 12-02 concerning the fight against money laundering and terrorist financing. This regulatory update modifies the existing legal framework governing anti-money laundering and counter-terrorist financing obligations for supervised entities in Luxembourg. The amendment ensures that the regulatory requirements remain aligned with current standards and operational needs within the financial sector.
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