Supreme Court, 26 March 2015, N°3420 In recent years, the Court of Appeal had to decide some times whether the non-compliance with certain rules of conduct resulting e.g. from the Financial Sector Law, the AML Law or certain rules of conduct by banks or other players in the financial sector could be considered as a […]

The Luxembourg banker’s liability with regard to anti-money laundering and anti-terrorism financing requirements. Anti-money laundering and anti-terrorism financing rules existed in Luxembourg, as in the rest of Europe, for several decades. These rules are still discussed on an everyday basis and force most players of the financial place, especially the banks, to set up measures […]