News

Publication of circular letter 26/12 of the Commissariat aux Assurances on the FATF declarations concerning:
1) High-risk jurisdictions against which enhanced due diligence measures and, where appropriate, countermeasures are required
2) Jurisdictions under increased monitoring of the FATF

Information note 26/7 from the Commissariat aux Assurances on the treatment of multi-year contracts under statutory accounting framework for direct non-life insurance and reinsurance undertakings 

Publication of circular letter 26/11 of the Commissariat aux Assurances modifying circular letter 22/16 on the outsourcing of critical or important operational functions and activities and repealing circular letters 20/13 and 21/15
 

Luxembourg has finalized the update of its national risk assessment regarding terrorist financing

Information note 26/6 of the Commissariat aux Assurances regarding the implementation of an automated acceptance process for customers presenting a low risk of money laundering and terrorist financing