Luxembourg

Member since 1990

Luxembourg's measures to combat money laundering and terrorist financing

27 Sep 2023

The Grand-Duchy of Luxembourg has a solid anti-money laundering and counter-terrorist financing (AML/CFT) framework and a good understanding of its money laundering and terrorist financing risks.

Luxembourg Mutual Evaluation 2023

IO1
SE
IO2
SE
IO3
ME
IO4
ME
IO5
SE
IO6
SE
IO7
ME
IO8
ME
IO9
SE
IO10
ME
IO11
ME

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  • 27 Sep 2023

    Luxembourg's measures to combat money laundering and terrorist financing The Grand-Duchy of Luxembourg has a solid anti-money laundering and counter-terrorist financing (AML/CFT) framework and a good understanding of its money laundering and terrorist financing risks.
  • 14 Feb 2014

    Mutual Evaluation of Luxembourg: 6th Follow-up Report In February 2014, the FATF recognised that Luxembourg had made significant progress in addressing deficiencies identified in the February 2010 mutual evaluation report and decided that the country should be removed from the regular follow-up process. This follow-up report provides an overview of the main changes made to the AML/CFT system in Luxembourg since the 2010 mutual evaluation.
  • 14 Feb 2014

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  • 19 Feb 2010

    Mutual Evaluation of Luxembourg This report summarises the anti-money laundering and counter-terrorist financing measures that were in place in Luxembourg at the time of the on-site visit 4-15 May 2009 and immediately thereafter. It describes and analyses these measures and offers recommendations on how to strengthen certain aspects of the system.
  • 19 Feb 2010

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Luxembourg Mutual Evaluation 2023

R.1 - Assessing risk & applying risk-based approach
C
R.2 - National cooperation and coordination
C
R.3 - Money laundering offence
C
R.4 - Confiscation and provisional measures
LC
R.5 - Terrorist financing offence
C
R.6 - Targeted financial sanctions related to terrorism & terrorist financing
LC
R.7 - Targeted financial sanctions related to proliferation
LC
R.8 - Non-profit organisations
PC
R.9 - Financial institution secrecy laws
C
R.10 - Customer due diligence
C
R.11 - Record keeping
C
R.12 - Politically exposed persons
C
R.13 - Correspondent banking
C
R.14 - Money or value transfer services
C
R.15 - New technologies
LC
R.16 - Wire transfers
C
R.17 - Reliance on third parties
C
R.18 - Internal controls and foreign branches and subsidiaries
C
R.19 - Higher-risk countries
C
R.20 - Reporting of suspicious transactions
C
R.21 - Tipping-off and confidentiality
C
R.22 - DNFBPs: Customer due diligence
C
R.23 - DNFBPs: Other measures
C
R.24 - Transparency and beneficial ownership of legal persons
LC
R.25 - Transparency and beneficial ownership of legal arrangements
C
R.26 - Regulation and supervision of financial institutions
C
R.27 - Powers of supervisors
C
R.28 - Regulation and supervision of DNFBPs
C
R.29 - Financial intelligence units
C
R.30 - Responsibilities of law enforcement and investigative authorities
LC
R.31 - Powers of law enforcement and investigative authorities
C
R.32 - Cash couriers
LC
R.33 - Statistics
LC
R.34 - Guidance and feedback
C
R.35- Sanctions
LC
R.36 - International instruments
LC
R.37 - Mutual legal assistance
C
R.38 - Mutual legal assistance: freezing and confiscation
C
R.39 - Extradition
C
R.40 - Other forms of international cooperation
LC