Luxembourg AML developments: How to anticipate the new European framework?

Representing Elvinger Hoss Prussen, Partner Tiago Nogueira and Associate Elisa Halm spoke at the "Luxembourg AML developments: How to anticipate the new European framework?" session organised by Finix Events on 18 November. They provided an overview of the new AML/CFT Package adopted at EU level and its practical impacts on obliged entities. During the their presentation, important questions were addressed including: 

• What are the key points of the new European framework of anti-money laundering measures published on 19 June 2024?
• What impact will the new European anti-money laundering authority have?
• What will be the main changes in the day-to-day work of the compliance function?
• When will the measures set out in the new framework have to be applied in Luxembourg?

The event brought together peers from the private banking, compliance, trusts, tax and life insurance sectors to discuss Luxembourg and international compliance updates and share valuable insights on transaction control rules.

For more information please visit the Finix Events website.