Regulatory Alerts2024-09-05
Added · Updated
Circular CSSF 24/861 amending Circular CSSF 19/732 on Prevention of Money Laundering and Terrorist Financing
The CSSF issued Circular 24/861 to amend Circular 19/732 regarding the prevention of money laundering and terrorist financing. This update provides specific clarifications on the procedures for identifying and verifying the identity of ultimate beneficial owners. The revised framework ensures that regulated entities apply consistent standards when conducting due diligence on beneficial ownership structures.
Published on 5 September 2024
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CSSF circular
amending Circular CSSF 19/732 of 20 December 2019 on the Prevention of Money Laundering and Terrorist Financing: clarifications on the Identification and Verification of the Identity of the Ultimate Beneficial Owner(s)
PDF (1.89Mb)
PDF (2.09Mb)
Related documents
20 December 2019
Updated on 5 September 2024
Circular CSSF 19/732 (as amended by Circular CSSF 24/861)
Prevention of Money Laundering and Terrorist Financing: Clarifications on the Identification and Verification of the Identity of the Ultimate Beneficial Owner(s)
PDF (708.09Kb)
PDF (695.16Kb)