FinancialCrime.lu

Join the Fight - Empowering Justice, Protecting Finances.

About us fingerprint
Combating Financial Crime

Welcome to FinancialCrime.lu

Welcome to FinancialCrime.lu, where we unite to combat financial misconduct and promote integrity in the financial world.

Our mission is to provide a platform for professionals, experts, and individuals passionate about preventing and addressing financial crime.

We aim to:

  • Educate and Inform: Share knowledge on the latest trends, techniques, and tools used to fight financial crime.
  • Collaborate and Connect: Bring together a diverse network of professionals dedicated to safeguarding financial systems.
  • Advocate for Integrity: Promote ethical practices and transparency across all sectors.

Be part of a community that values integrity and is committed to making a difference. Together, we can create a safer financial environment for everyone.

Articles

Take a look at our Articles to find out more. Explore guidelines, reports, and commentaries that translate complex topics into clear takeaways. New pieces are added regularly, with references and links for further reading.
EU ¦ The 2026 EU Anti-Corruption Directive

EU ¦ The 2026 EU Anti-Corruption Directive

Directive Strengthens EU Criminal Response to Corruption – What Financial Crime Practitioners Need to Know...

By Bastian Schwind-Wagner, on 08 Apr 2026
CRF ¦ Understanding Bribery of Foreign Public Officials (BFPO)

CRF ¦ Understanding Bribery of Foreign Public Officials (BFPO)

Understanding Bribery of Foreign Public Officials – Practical Guidance for Financial Crime Professionals Context and...

By Bastian Schwind-Wagner, on 01 Apr 2026
Legilux ¦ Law of 27 March 2026 DAC8

Legilux ¦ Law of 27 March 2026 DAC8

Luxembourg’s DAC8 Law brings crypto-asset platforms into the automatic exchange net Luxembourg has enacted the...

By Bastian Schwind-Wagner, on 27 Mar 2026
GRECO ¦ Outcome of the 102nd Plenary Meeting

GRECO ¦ Outcome of the 102nd Plenary Meeting

GRECO’s 102nd Plenary: Strengthening transparency, stepping up evaluations and pressing for compliance At its 102nd...

By Bastian Schwind-Wagner, on 27 Mar 2026
UNODC ¦ Handbook on Effective Communication Strategies for the Prevention of Organized Fraud

UNODC ¦ Handbook on Effective Communication Strategies for the Prevention of Organized Fraud

How communication can disrupt organized fraud – practical lessons from the UNODC handbook Why well‑designed,...

By Bastian Schwind-Wagner, on 26 Mar 2026
EP ¦ Parliament Greenlights EU Anti-Corruption Rules

EP ¦ Parliament Greenlights EU Anti-Corruption Rules

A new EU Anti-Corruption Directive signals a tougher era for financial crime enforcement The European...

By Bastian Schwind-Wagner, on 26 Mar 2026
+ more articles

Videos and Audio

Discover our Videos and Audio page to expand your knowledge. Explore expert insights, case breakdowns, and explainers across key subjects.
FATF Report ¦ Complex Proliferation Financing and Sanctions Evasion Schemes

FATF Report ¦ Complex Proliferation Financing and Sanctions Evasion Schemes

FATF Report highlights major gaps in global response to Proliferation Financing and Sanctions Evasion A...

By Bastian Schwind-Wagner, on 20 Jun 2025
MoJ ¦ 2025 National Risk Assessment Money Laundering

MoJ ¦ 2025 National Risk Assessment Money Laundering

Luxembourg updates its national money laundering risk assessment Luxembourg has completed its 2025 National Risk...

By Bastian Schwind-Wagner, on 27 May 2025
+ more videos and audio

Rulings and Fines

Visit our Rulings and Fines page to explore case law and measures. Review summaries with key facts, legal bases, and outcomes for each decision.
Ruling [CJEU] ¦ EU Court Limits Member States’ Ability to Tie Corporate AML Penalties to Individual Guilt

Ruling [CJEU] ¦ EU Court Limits Member States’ Ability to Tie Corporate AML Penalties to Individual Guilt

A landmark ruling on legal person liability under the AML framework On 29 January 2026,...

By Bastian Schwind-Wagner, on 29 Jan 2026
CJEU (AG) ¦ EU Advocate General Questions Blanket Shareholder Disclosure

CJEU (AG) ¦ EU Advocate General Questions Blanket Shareholder Disclosure

Public Shareholders, Privacy, and Financial Crime Control: What Advocate General Norkus’s Opinion Means On 18...

By Bastian Schwind-Wagner, on 18 Dec 2025
CJEU (AG) ¦ Beneficial Ownership, Trusts and “Similar Legal Arrangements”

CJEU (AG) ¦ Beneficial Ownership, Trusts and “Similar Legal Arrangements”

What the Across Fiduciaria Opinion Means for AML Practice The fight against money laundering in...

By Bastian Schwind-Wagner, on 11 Dec 2025
Ruling [LUX] ¦ AML Failures and Mail Handling Led to Criminal Sanction for Centre Operator

Ruling [LUX] ¦ AML Failures and Mail Handling Led to Criminal Sanction for Centre Operator

Judgment confirms risks of clandestine domiciliation – Luxembourg case signals tougher scrutiny for business centers...

By Bastian Schwind-Wagner, on 13 Nov 2025
+ more rulings and fines

Research

Discover our Research page to learn more and dive deeper. Access white papers, surveys, and methodology notes with transparent sources and datasets.
EJRR ¦ Governing Money Laundering as a Collective-Action Problem: The AMLA

EJRR ¦ Governing Money Laundering as a Collective-Action Problem: The AMLA

Governing money laundering as a collective-action problem – What AMLA means for Europe’s fight against...

By Bastian Schwind-Wagner, on 24 Mar 2026
trigeko ¦ Study on Transnational ML Flows: Is Germany an Attractive Destination?

trigeko ¦ Study on Transnational ML Flows: Is Germany an Attractive Destination?

Transnational Money-Laundering Flows Involving Germany – Key Findings and Policy Implications This study provides the...

By Bastian Schwind-Wagner, on 20 Mar 2026
IJARBM ¦ Exploring Trade-Based Money Laundering Research: A Bibliometric Review

IJARBM ¦ Exploring Trade-Based Money Laundering Research: A Bibliometric Review

Exploring the Growing Research Landscape of Trade‑Based Money Laundering Trade‑based money laundering (TBML) exploits the...

By Bastian Schwind-Wagner, on 12 Mar 2026
BIS ¦ From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments

BIS ¦ From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments

From cash to crypto – aligning AML/CFT rules across payment instruments Payments vary not only...

By Bastian Schwind-Wagner, on 03 Mar 2026
+ more research

Talks

Browse our Talks page to gain valuable insights from other experts. Watch keynote sessions, panel discussions, and Q&As with practitioners across industries.
ERA ¦ ERA Talks – #8 Laura Codruța Kövesi, European Chief Prosecutor and head of the EPPO

ERA ¦ ERA Talks – #8 Laura Codruța Kövesi, European Chief Prosecutor and head of the EPPO

European Chief Prosecutor Laura Codruța Kövesi on building the European Public Prosecutor’s Office and fighting...

By Bastian Schwind-Wagner, on 26 Mar 2026
Basel Institute on Governance ¦ How to Tackle Corruption as a Complex Adaptive System

Basel Institute on Governance ¦ How to Tackle Corruption as a Complex Adaptive System

How Corruption Evolves – Treating Kleptocracy as a Networked Enterprise Understanding corruption as a networked,...

By Bastian Schwind-Wagner, on 25 Mar 2026
AMLA ¦ Data Collection Exercise - Webinar for Sampled Entities

AMLA ¦ Data Collection Exercise - Webinar for Sampled Entities

AMLA launches EU-wide data collection to calibrate harmonized ML/TF risk assessment – practical guidance and...

By Bastian Schwind-Wagner, on 13 Mar 2026
Basel Institute on Governance ¦ Shaping Virtual Assets Regulations Fit For The Future

Basel Institute on Governance ¦ Shaping Virtual Assets Regulations Fit For The Future

Shaping Virtual Asset Regulation Fit for the Future – Lessons from CoSP11 Tech Day Opening...

By Bastian Schwind-Wagner, on 16 Dec 2025
FATF ¦ Exiting the FATF Grey List – Success Stories & Pathways to Sustainable Compliance

FATF ¦ Exiting the FATF Grey List – Success Stories & Pathways to Sustainable Compliance

Exiting the FATF Grey List – How African Countries Turned Listings into Lasting Reform The...

By Bastian Schwind-Wagner, on 10 Dec 2025
Basel Institute on Governance ¦ Basel AML Index 2025 – Trends in Global Financial Crime Risk and Assessment

Basel Institute on Governance ¦ Basel AML Index 2025 – Trends in Global Financial Crime Risk and Assessment

Basel AML Index 2025: A More Nuanced Map of Global Financial‑Crime Risk – Progress, Persistent...

By Bastian Schwind-Wagner, on 10 Dec 2025
+ more talks

Templates

We provide Templates that can give you a valuable head start — from customizable checklists and policy drafts to ready‑to‑use forms and workflows, helping you save time and ensure consistent, high‑quality results.
Luxembourg Investment Fund ¦ Prospectus ¦ suggested wording for a “Financial Crime Risk Notice”

Luxembourg Investment Fund ¦ Prospectus ¦ suggested wording for a “Financial Crime Risk Notice”

Anyone investing in an investment fund expects clear information about opportunities and risks. In addition...

By Bastian Schwind-Wagner, on 11 Jul 2025
AML/CFT/CPF Risk Appetite Statement for “Luxembourg Investment Fund (Manager)”

AML/CFT/CPF Risk Appetite Statement for “Luxembourg Investment Fund (Manager)”

This AML/CFT/CPF Risk Appetite Statement template can be used to define an entity’s tolerance for...

By Bastian Schwind-Wagner, on 09 Jul 2025
+ more templates

Podcasts and Webcasts

Listen to our valuable and insightful Podcasts and Webcasts. Hear practitioners discuss real cases, emerging trends, and practical tips you can apply.
Welcome!

Welcome!

Welcome to the Financial Crime Community! We are thrilled to welcome you to our global...

By Bastian Schwind-Wagner, on 28 Oct 2024

EU Sanctions Helpdesk

EU Sanctions Helpdesk The EU Sanctions Helpdesk platform supports European operators in complying with European Union restrictive measures (also known as sanctions) imposed worldwide. Aimed primarily at Small and Medium-sized Enterprises (SMEs), the Helpdesk offers resources and personalised help to companies performing sanctions due diligence checks.
get free support

What else?

What else?
Business

Business

At FinancialCrime.lu, we delve into the intricate relationship between business practices and financial crime through...

By Bastian Schwind-Wagner, on 27 Oct 2024
Compliance

Compliance

Compliance serves as an indispensable tool in the fight against financial crime, and at FinancialCrime.lu,...

By Bastian Schwind-Wagner, on 27 Oct 2024
Technology

Technology

Technology plays a crucial role in both the perpetration and prevention of financial crime. At...

By Bastian Schwind-Wagner, on 27 Oct 2024

FATF ¦ R.1 As­sess­ing Risks and Ap­ply­ing a Risk-Based Ap­proach

Rec­om­men­da­tion 1: Put­ting Risk at the Cen­ter of AML/CFT and Pro­lif­er­at­ion Fi­nan­cing Con­trols

Read now

FATF ¦ R.2 Na­ti­o­nal Co­o­pe­ra­tion and Co­or­di­na­tion

Rec­om­men­da­tion 2: Strength­en­ing Na­ti­o­nal Co­o­pe­ra­tion and Co­or­di­na­tion in AML/CFT/CPF

Read now

FATF ¦ R.3 Mon­ey Laun­der­ing Of­fence

Rec­om­men­da­tion 3: Crim­i­nal­is­ing Mon­ey Laun­der­ing for Mod­ern Fi­nan­cial Crime Con­trol

Read now

FATF ¦ R.4 Con­fis­ca­tion and Pro­vi­sio­nal Mea­su­res

Rec­om­men­da­tion 4: Strength­en­ing As­set Re­co­ve­ry to De­ter Fi­nan­cial Crime

Read now

FATF ¦ R.5 Ter­ro­rist Fi­nan­cing Of­fen­ce

Rec­om­men­da­tion 5: Buil­ding Strong Le­gal Foun­da­tions to Com­bat Ter­ro­rist Fi­nan­cing

Read now

FATF ¦ R.6 Tar­get­ed Fi­nan­cial Sanc­tions re­lat­ed to Ter­ror­ism and Ter­ror­ist Fi­nan­cing

Rec­om­men­da­tion 6: From De­sig­na­tion to Com­mu­ni­ca­tion, Make Every Sec­ond Count a­gainst Ter­ror Fi­nan­cing

Read now

FATF ¦ R.7 Tar­get­ed Fi­nan­cial Sanc­tions re­lat­ed to Pro­lif­er­a­tion

Rec­om­men­da­tion 7: Tar­get­ed Fi­nan­cial Sanc­tions to Coun­ter WMD Pro­lif­er­a­tion

Read now

FATF ¦ R.8 Non-Prof­it Or­ga­ni­sa­tions

Rec­om­men­da­tion 8: Pro­tect­ing Non-Prof­it Or­ga­ni­sa­tions from Ter­ror­ist Fi­nan­cing A­buse

Read now

FATF ¦ R.9 Fi­nan­cial In­sti­tu­tion Se­cre­cy Laws

Rec­om­men­da­tion 9: En­sur­ing Se­cre­cy Laws Don’t Shield Fi­nan­cial Crime

Read now

FATF ¦ R.10 Cus­to­mer Due Dil­i­gence

Rec­om­men­da­tion 10: Get­ting Cus­to­mer Due Dil­i­gence Right

Read now

FATF ¦ R.11 Re­cord-Keep­ing

Rec­om­men­da­tion 11: The Back­bone of Ef­fec­tive Fi­nan­cial Crime Com­pli­ance

Read now

FATF ¦ R.12 Po­lit­i­cal­ly Ex­posed Per­sons

Rec­om­men­da­tion 12: Man­ag­ing Po­lit­i­cal­ly Ex­posed Per­sons in Fi­nan­cial In­sti­tu­tions

Read now

FATF ¦ R.13 Cor­res­pon­dent Bank­ing

Rec­om­men­da­tion 13: Strengt­hen­ing Con­trols to Com­bat Fi­nan­cial Crime

Read now

FATF ¦ R.14 Mon­ey or Val­ue Trans­fer Ser­vices (MVTS)

Rec­om­men­da­tion 14: Strength­en­ing Over­sight of Mon­ey or Val­ue Trans­fer Ser­vices

Read now

FATF ¦ R.15 New Tech­no­lo­gies

Rec­om­men­da­tion 15: Man­a­ging Risks from New Tech­no­log­ies in Fi­nan­cial Crime Pre­ven­tion

Read now

FATF ¦ R.16 Pay­ment Trans­par­en­cy

Rec­om­men­da­tion 16: Strength­en­ing Pay­ment Trans­par­en­cy to Coun­ter Fi­nan­cial Crime

Read now

FATF ¦ R.17 Rel­i­ance on Third Par­ties

Rec­om­men­da­tion 17: How Far Can You Re­ly On Third Par­ties For CDD?

Read now

FATF ¦ R.18 In­ternal Con­trols and For­eign Branch­es and Sub­sid­iar­ies

Rec­om­men­da­tion 18: In­ternal Con­trols, Group Pro­grammes and For­eign Branch­es – What Fi­nan­cial In­sti­tu­tions Need To Do

Read now

FATF ¦ R.19 High­er-Risk Coun­tries

Rec­om­men­da­tion 19: Man­ag­ing High­er-Risk Coun­tries in Fi­nan­cial Crime Com­pli­ance

Read now

FATF ¦ R.20 Re­port­ing of Sus­pi­cious Trans­ac­tions

Rec­om­men­da­tion 20: Why it is the Back­bone of Sus­pi­cious Trans­ac­tion Re­port­ing

Read now

FATF ¦ R.21 Tipp­ing-Off and Con­fi­den­ti­al­i­ty

Rec­om­men­da­tion 21: Tipp­ing-Off and Con­fi­den­ti­al­i­ty in Fi­nan­cial Crime Com­pli­ance

Read now

FATF ¦ R.22 DNFBPs: Cus­to­mer Due Dil­i­gence

Rec­om­men­da­tion 22: Why DNFBPs Can No Long­er Sit on the Side­lines of AML/CFT

Read now

FATF ¦ R.23 DNFBPs: Oth­er Mea­sures

Rec­om­men­da­tion 23: Expand­ing the Net - How It Shapes AML/CFT Du­ties for DNFBPs

Read now

FATF ¦ R.24 Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Per­sons

Rec­om­men­da­tion 24: Strengthening Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Per­sons

Read now

FATF ¦ R.25 Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Ar­range­ments

Rec­om­men­da­tion 25: Strength­en­ing Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Ar­range­ments

Read now

FATF ¦ R.26 Reg­u­la­tion and Su­per­vi­sion of Fi­nan­cial In­sti­tu­tions

Rec­om­men­da­tion 26: Strength­en­ing Reg­u­la­tion and Su­per­vi­sion of Fi­nan­cial In­sti­tu­tions

Read now

FATF ¦ R.27 Pow­ers of Su­per­vi­sors

Rec­om­men­da­tion 27: Why Strong Su­per­vi­so­ry Pow­ers Are Es­sen­tial in the Fight Against Fi­nan­cial Crime

Read now

FATF ¦ R.28 Re­gu­la­tion and Su­per­vi­sion of DNFBPs

Rec­om­men­da­tion 28: Build­ing Ef­fec­tive DNFBP Over­sight

Read now

FATF ¦ R.29 Finan­cial In­tel­li­gence Units

Rec­om­men­da­tion 29: Strength­en­ing the Finan­cial In­tel­li­gence Unit as the Cor­ner­stone of AML/CFT Op­er­a­tions

Read now

FATF ¦ R.30 Res­pon­si­bil­i­ties of Law En­force­ment and In­vesti­ga­tive Au­thorities

Rec­om­men­da­tion 30: Clos­ing the Gap Be­tween Predi­cate Crimes and As­set Re­cov­ery

Read now

FATF ¦ R.31 Pow­ers of Law En­force­ment and In­ves­ti­ga­tive Au­thor­i­ties

Rec­om­men­da­tion 31: Why Strong In­ves­ti­ga­tive Pow­ers Mat­ter In Fi­nan­cial Crime Cas­es

Read now

FATF ¦ R.32 Cash Couriers

Rec­om­men­da­tion 32: Tackl­ing Cash Couriers to Pre­vent Mo­ney Laun­der­ing and Ter­ror­ist Fi­nan­cing

Read now

FATF ¦ R.33 Sta­tis­tics

Rec­om­men­da­tion 33: Why Strong AML/CFT Sta­tis­tics are a Stra­te­gic Ne­ces­si­ty

Read now

FATF ¦ R.34 Gui­dance and Feed­back

Rec­om­men­da­tion 34: Tur­ning Gui­dance and Feed­back into Real AML Im­pact

Read now

FATF ¦ R.35 Sanc­tions

Rec­om­men­da­tion 35: Ac­count­a­bil­i­ty at the Top

Read now

FATF ¦ R.36 In­ter­na­tion­al In­stru­ments

Rec­om­men­da­tion 36: The Back­bone of Glob­al Fin­an­cial Crime Con­trol

Read now

FATF ¦ R.37 Mu­tual Le­gal As­sis­tance

Rec­om­men­da­tion 37: Why Mu­tual Le­gal As­sis­tance is Vi­tal to Fight­ing Fi­nan­cial Crime

Read now

FATF ¦ R.38 Mu­tu­al Le­gal As­sis­tance: Freez­ing and Con­fis­ca­tion

Rec­om­men­da­tion 38: Why Fast Cross‑Bor­der Freez­ing and Con­fis­ca­tion Mat­ter in Fi­nan­cial Crime Cas­es

Read now

FATF ¦ R.39 Ex­tra­di­tion

Rec­om­men­da­tion 39: Why Ef­fec­tive Ex­tra­di­tion is Crit­i­cal to Fight­ing Fi­nan­cial Crime

Read now

FATF ¦ R.40 O­ther Forms of In­ter­na­tion­al Co­op­er­a­tion

Rec­om­men­da­tion 40: Strength­en­ing Cross-Bor­der Co­op­er­a­tion to Tack­le Fi­nan­cial Crime

Read now

FATF ¦ IO1 Risk, Pol­i­cy and Co­or­di­na­tion

Im­med­i­ate Out­come 1: I­den­ti­fy­ing, As­sess­ing and Co­or­di­nat­ing Do­mes­tic Ac­tion to Com­bat ML and TF

Read now

FATF ¦ IO2 In­ter­na­tion­al Co­op­er­a­tion

Im­med­i­ate Out­come 2: In­ter­na­tion­al Co­op­er­a­tion that De­li­vers In­for­ma­tion, In­tel­li­gence and Ac­tion

Read now

FATF ¦ IO3 Su­per­vi­sion

Im­med­i­ate Out­come 3: Strength­en­ing Su­per­vi­sion and Pri­vate‑Sec­tor Com­pli­ance to Re­duce ML/TF Risks

Read now

FATF ¦ IO4 Pre­ven­tive Meas­ures

Im­med­i­ate Out­come 4: Strength­en­ing Su­per­vis­ion and Risk-Based Com­pli­ance of DNFBPs

Read now

FATF ¦ IO5 Legal Per­sons and Ar­range­ments

Im­med­i­ate Out­come 5: Strength­en­ing Tran­spar­en­cy of Le­gal Per­sons and Ar­range­ments to Coun­ter Fi­nan­cial Crime

Read now

FATF ¦ IO6 Fi­nan­cial In­tel­li­gence

Im­med­i­ate Out­come 6: From Re­ports to Re­sults

Read now

FATF ¦ IO7 Mon­ey Laund­er­ing In­ves­ti­ga­tion & Pro­se­cu­tion

Im­med­i­ate Out­come 7: En­sur­ing Cross-Bor­der Mon­ey Laund­er­ing Ca­ses Lead to Con­vic­tions

Read now

FATF ¦ IO8 Con­fis­ca­tion

Im­med­i­ate Out­come 8: Mak­ing Crime Un­prof­it­a­ble — Mea­sur­ing As­set Re­cov­er­y Ef­fec­tive­ness

Read now

FATF ¦ IO9 TF In­ves­ti­ga­tion & Pro­se­cu­tion

Im­med­i­ate Out­come 9: In­ves­ti­ga­ting, Pro­se­cu­ting and Sanc­tion­ing Ter­ror­ist Fi­nan­cing

Read now

FATF ¦ IO10 TF Pre­vent­ive Meas­ures & Fi­nan­cial Sanc­tions

Im­med­i­ate Out­come 10: Pre­vent­ing Ter­ror­ists and Ter­ror­ist Fi­nan­ciers from Rais­ing, Mov­ing and Us­ing Funds

Read now

FATF ¦ IO11 PF Fin­an­cial Sanc­tions

Im­med­i­ate Out­come 11: Pre­vent­ing the Fi­nanc­ing of Wea­pons of Mass De­struc­tion

Read now
slider_title