risk-based approach

AML Reporting

FATF Fraud Roadmap 2026-2028: Fraud as a Core AML Risk
July 27, 2026

On 1 July 2026 the United Kingdom took over the two-year Presidency of the Financial Action Task Force and used its first day to launch the FATF 2026-2028 Roadmap on Combatting Fraud. The launch event, opened by the incoming FATF President Giles Thomson and supported by Executive Secretary Violaine Clerc, set fraud as one of…
AML Reporting

CSSF de-risking communique: managing ML/FT risk instead of avoiding it, what Luxembourg-regulated firms must address in their AML/CFT frameworks
June 17, 2026July 28, 2026

A relationship manager flags a client as awkward. The country profile is messy, the ownership chain runs through two jurisdictions, and the file would take real work to keep current. The easy answer is to exit. Close the account, decline the onboarding, and the risk number on the dashboard goes down. The CSSF communique of…