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Luxembourg (CSSF) · Luxembourg CSSF

CSSF Circular 22/816 Governance & Internal Controls for AML/CFT Compliance Function

CircularIn Force
View official source
Issuing authority
CSSF
Effective date
In force since 2022
Scope
Banks, Fund Managers, PSPs

Key requirements

Sets out the AML compliance function structure for Luxembourg financial firms. Two key roles: the RR (Responsable du Respect), the senior manager accountable for AML compliance; and the RC (Responsable du Contrôle), the compliance officer running the day-to-day programme. Covers qualifications, seniority requirements, management body oversight, the annual AML report to the board and escalation procedures.

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