selected obliged entities

  • AMLA Direct Supervision: How Luxembourg Entities Are Identified for the 2027 Selection

    If a Luxembourg credit institution or financial institution ends up on AMLA’s list of selected obliged entities, its day-to-day AML/CFT supervisor changes. Its supervisor moves from the CSSF to a Frankfurt-based EU body that reviews policies, runs inspections, and can impose pecuniary sanctions. AMLA direct supervision is that mechanism, and the data that decides who…

  • AMLA Direct Supervision: Which Obliged Entities the CSSF Will Identify

    The most expensive scoping mistake a Luxembourg compliance team can make right now is assuming someone else will flag it for AMLA direct supervision. The Authority for Anti-Money Laundering and Countering the Financing of Terrorism picks its first set of directly supervised firms in 2027, and the data that feeds that decision is being collected…