Slowly but surely, Luxembourg is complying with AMLD 4
Although it is uncharacteristically behind schedule, Luxembourg’s legislature is working on implementing transparency measures in line with AMLD 4. But will it be fast enough to avoid penalties from the European Commission?
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Blog
U.K. government further tightens AML net
A reform package introduced recently by the U.K. government aims to increase transparency and tackle corruption in limited partnerships.
-
Article
A sting, a Picasso and, guess what, offshore tax havens
A look at the scandal at Beaufort Securities, which switched from real estate investments to Picassos to launder money, because of the limited risk in the unregulated art market.
-
ArticleVenezuela military intervention highlights critical resources as a new compliance hotspot
President Donald Trump’s military intervention in Venezuela has sent a message across the world that he regards resources as critical to U.S. national security and will act to secure them. In Venezuela, this primarily means crude oil reserves. However, oil is not the only valuable resource in the U.S. sights.