|
By Frederic GUILMIN, EY Luxembourg Partner, Forensic Integrity Services Chritine FRENTZ, EY Luxembourg Partner, Extended Assurance
As part of its mission of monitoring and control in the area of Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT), the Administration de l’Enregistrement, des Domaines et de la TVA (AED) has reinforced its AML/CFT reporting obligations to include all unregulated alternative investment funds (AIFs) in Luxembourg. While AML requirements are not new, the AED has signaled a stronger commitment to enforcement in 2025, including increased follow-up, penalties, and fines for non-compliance.
In 2025, all unregulated AIFs supervised by the AED must adhere to the...
|