Regulatory Alerts2025-07-09
Added · Updated
Grand-ducal Regulation of 11 June 2025 on the Composition and Functioning of the ML/TF Prevention Committee
The Grand Duke of Luxembourg issued this regulation to define the composition and operational rules of the Committee on the prevention of money laundering and terrorist financing. The law establishes a 37-member body comprising public authorities and private sector stakeholders, appoints them for renewable five-year terms, and mandates that the Minister chairs the committee. It further regulates meeting procedures, confidentiality obligations, conflict of interest management, and the establishment of working groups to coordinate anti-money laundering efforts.
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