Anti-money laundering and combatting the financing of terrorism (“AML/CFT”) have been at the heart of the regulatory concerns of regulated entities for many years.


In Luxembourg, the evolving regulatory environment has obliged such entities to review their AML/CFT frameworks.


Our service offering of regulatory consulting expertise is driven by Arendt Regulatory & Consulting S.A. (ARC) and includes the following AML/CFT services:


Risk assessment and framework review

  • Desk-based review of AML/CFT programme documentation
  • Advice on AML/CFT task segregation within the various entities of the institution (external contractual partner or group entity)
  • Understanding the features of the AML/CFT framework and reorganisation advice
  • Alignment with group policies

 

Documentation review

  • Definition and draft of an AML/CFT policy
  • Definition, draft and implementation of a risk-based approach
  • Risk assessment assistance (country exposure, client & distribution network, product exposure, etc.)
  • Provision, advice and/or review of KYC documentation/checklists
  • Provision, advice and/or review of investment/product due diligences

 

Mitigating measures

  • KYC remediation assistance
  • Assistance in oversight/monitoring of delegated activities
  • AML/CFT internal organisation
  • Training solutions (Arendt Institute)
  • Assistance with AML/CFT reports and AML/CFT requests from various actors
  • Communication with regulators

 

For more information, contact us at AML-CFTARC@arendt.com.

Arendt Regulatory & Consulting SA

41A, Avenue JF Kennedy L-2082 Luxembourg infoarc@arendt.com

T (352) 26 09 10 1
F (352) 26 09 10 7750