De-risking Practices and ML/FT Risk Management
Why this matters
CSSF clarification on ML/FT risk management expectations, addressing de-risking practices and financial inclusion balance. Informational guidance to supervised entities on proper risk management frameworks rather than risk avoidance, with emphasis on proportionate customer assessment and cooperation requirements. No immediate compliance deadline specified.
AI-generated classification rationale, not a full analysis. Verify with the original CSSF source before acting. Full disclaimer.
What the CSSF said
No description available.
Published by CSSF . Read the full notice at the source for the authoritative text.
Context
Commission de Surveillance du Secteur Financier (CSSF) — Luxembourg financial regulator. We track 560 updates from them.
Luxembourg's CSSF regulates the investment fund industry. Browse all Luxembourg updates.
This update is classified under AML / Financial Crime, Consumer Protection / Conduct, Banking & Credit and Payments & E-Money.