Luxembourg AML Law of 12 November 2004 & CSSF Regulation 12-02
The professional obligations under the 2004 Law and CSSF Regulation 12-02 for the financial sector and fund industry.
- Issued by
- CSSF
- Applies in
- Luxembourg
- Edition
- as amended
- Area
- Financial crime (AML/CFT/CPF)
What an assessor reads first.
The headline requirements in Amoreg’s catalogue, in the issuer’s own numbering where it has one. They are where a review starts, not a transcription of the text.
- Art.2-2Risk assessment and risk-based approachRisk assessment
- Art.3Customer due diligenceCustomer due diligence
- Art.3-2Enhanced due diligenceCustomer due diligence
- Art.4Internal organisation: RR and RC appointmentsGovernance
- Art.5Cooperation with the CRF and reportingReporting
- Reg.12-02CSSF Regulation 12-02 detailed obligations and annual RC reportProgramme
How Amoreg keeps you on it.
Enable the Luxembourg AML Law of 12 November 2004 & CSSF Regulation 12-02 and the Monitor suggests CSSF as a source. Every publication it records keeps its source, stage and date.
Inspector reads your policies against these 6 requirements every week and opens a finding wherever one falls short, citing the rule and drafting the fix. A person decides what is applied.
Each week
- Read cssf.lu/en/news
- Check the library against 6 requirements
- Open findings with drafted fixes
- Wait for a person to decide
Policy does not yet set out: risk assessment and risk-based approach
- Rule
- Luxembourg AML Law of 12 November 2004 & CSSF Regulation 12-02, Art.2-2
- Area
- Risk assessment
- Proposed by
- Inspector
- Decided by
- A named person, once reviewed
The same ground, elsewhere.
- FATF RecommendationsThe 40 Recommendations — the international standard every national AML/CFT/CPF regime is measured against.Global · 8 controls
- Wolfsberg Group StandardsIndustry standards for correspondent banking, the CBDDQ/FCCQ questionnaires and effectiveness-based AML programmes.Global · 4 controls
- GFSC Handbook on Countering Financial Crime (AML/CFT/CPF)The Bailiwick's AML/CFT/CPF rules and guidance for financial services businesses and prescribed businesses, issued under the Criminal Justice (Proceeds of Crime) regulations.Guernsey · 8 controls
- JFSC AML/CFT/CPF HandbookHandbook for the prevention and detection of money laundering, terrorist financing and proliferation financing under the Money Laundering (Jersey) Order 2008.Jersey · 8 controls
- Isle of Man AML/CFT Code 2019The Anti-Money Laundering and Countering the Financing of Terrorism Code 2019, with the FSA's AML/CFT Handbook as guidance.Isle of Man · 8 controls
- Cayman Islands Anti-Money Laundering RegulationsThe AMLRs under the Proceeds of Crime Act, read with CIMA's Guidance Notes — departure from the Guidance Notes without justification is treated as non-compliance.Cayman Islands · 8 controls
Also in Luxembourg
- CSSF Circular 20/750 — ICT and security risk managementEBA ICT and security risk guidelines applied to Luxembourg entities outside DORA's scope.Luxembourg · 5 controls
- CSSF Circular 22/806 — Outsourcing arrangementsThe single outsourcing framework, now applying to DORA entities for business process outsourcing only.Luxembourg · 5 controls
Questions
Does Amoreg watch for changes to the Luxembourg AML Law of 12 November 2004 & CSSF Regulation 12-02?
Yes. Enable it and the Monitor suggests Commission de Surveillance du Secteur Financier as a source; every publication it records keeps its source, stage and date.
Can Amoreg check our policies against the Luxembourg AML Law of 12 November 2004 & CSSF Regulation 12-02?
Yes. Inspector reads your library against its requirements every week and opens a finding, with the rule it cites and a proposed fix, wherever a policy falls short. A person decides what is applied.
Which edition does Amoreg use?
The catalogue records as amended. Editions were last verified in August 2026, and the Monitor records new publications as they appear.