Sanctions, AML/CFT & Compliance

International sanctions, anti-money laundering and countering the financing of terrorism (AML/CFT) frameworks, and compliance requirements play a central role in managing legal, financial and reputational risks. In Luxembourg, an international financial centre subject to stringent supervisory requirements, they apply both to regulated entities and to groups conducting cross-border activities.

Our Sanctions, AML/CFT & Compliance team advises investment funds, financial institutions, financial sector professionals, international groups and other law firms on identifying and applying the domestic, European and international requirements governing their activities. We assist clients with the implementation and review of their AML/CFT frameworks and with the development of internal policies, procedures and control mechanisms. We also assist them during inspections conducted by the competent authorities and advise companies on the interpretation and application of international sanctions regimes, including in their dealings with the Luxembourg Ministry of the Economy. We also provide training tailored to each organisation’s functions and specific risk profile.

Our approach combines the analysis of regulatory obligations with their operational implementation. It enables us to tailor procedures to the activities actually carried out, clarify the responsibilities of governing bodies and control functions, identify risks relating to clients, transactions and counterparties, and prepare teams for regulatory inspections.