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Further efforts are expected from payment institutions for the effective management of money laundering and terrorist financing...

On 16 June 2023, the European Banking Authority (EBA) published a report on the money laundering and terrorist financing (ML/TF) risks associated with payment institutions (PIs) in the EU, based on a risk assessment exercise...more

Recent amendments to the Luxembourg AML/CTF legal framework

Make sure that your policies and procedures are up-to-date. A series of amendments were introduced into the amended act of 12 November 2004 on the fight against money laundering and terrorist financing (the AML Act 2004)...more

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