Anti-money laundering and counter-terrorist financing in the Luxembourg investment fund market

The field of Anti-Money Laundering and Counter-Terrorist Financing in their current form have had an important impact on the financial world for almost half a century. Today, Money Laundering and Terrorist Financing pose a threat to the integrity of the financial markets and systems worldwide. The intention behind implementing a regulatory Anti-Money Laundering and Counter-Terrorist Financing framework is to cut off the financial resources of criminals and to follow back the traces that financial transactions leave to the backers of the criminal organizations. Luxembourg, being the second larg... Mehr ...