On 12 October 2026 the CSSF relayed the Ministry of Justice’s communiqué of 7 October 2026 announcing the Luxembourg terrorist financing NRA: the 2026 National Risk Assessment of Terrorist Financing, which covers the observation period 2021 to 2024. The report rates the sub-sectors within the scope of the Law of 12 November 2004 for inherent…
The Luxembourg sanctions risk assessment that the CSSF drew to supervised firms’ attention in a communiqué of 24 September 2026 is the country’s first vertical risk assessment (VRA) of targeted financial sanctions (TFS) linked to terrorist financing (TF) and proliferation financing (PF). The Ministry of Finance led the exercise and released the report, titled “PF…
A CSSF AML/CFT sanction rarely turns on an exotic typology. It turns on the housekeeping. The administrative fine the CSSF imposed on 5 March 2026, and published on a nominative basis on 9 June 2026, is a clean example. A Luxembourg specialised professional of the financial sector running a domiciliation business was fined EUR 56,000…