AML

AML or Anti-Money Laundering refers to policies and regulatory measures designed to prevent money laundering and terrorist financing.

In Luxembourg, AML requirements are particularly stringent due to the country’s role as a major financial centre. Businesses must implement robust customer due diligence, monitor transactions continuously, and report any suspicious activity. These measures are enforced by regulatory bodies like the CSSF. Compliance with AML standards not only protects companies from legal risk but also helps maintain Luxembourg’s reputation for financial integrity and transparency.