On Thursday 23 May 2019, the Luxembourg Supervisory Authority of the Financial Sector (Commission de Surveillance du Secteur Financier or CSSF) published guidance in relation to the online anti-money laundering and combatting the financing of terrorism (AML/CFT) template questionnaire.
The questionnaire gathers standardised key information on the money laundering and terrorist financing risks which the professionals under its supervision are exposed to.
The CSSF confirms that this template AML/CFT questionnaire should be completed by the compliance officer of the relevant fund and is included in the current "Application questionnaire" for the set-up of:
- specialised investment funds (SIF)
- undertakings for collective investment as defined under Part II of the Luxembourg Law of 17 December 2010 on undertakings for collective investment, as amended (UCI Part II)
- investment companies in risk capital as defined under the Luxembourg law of 15 June 2004, as amended (SICAR)
- European long-term investment funds (ELTIF).
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.