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FIU Luxembourg'report : issues are not hidden

The CRF (Cellule de Renseignement Financier), which is the FIU in Luxembourg this month published its report for 2005 and 2006.
The report is very positive as it does not hide issues and especially :
- the fact that legally the attempt of laundering is not punishable in Luxembourg as concluded by judges in a judgement dated 12 October 2006
- the fact that the word "knowingly" that was added to the law of 12 November 2004 has increased the risks.

But on the other hand it does not give the same ethical version as professionals and politicians in Luxembourg.

See report in french

08:55 Posted in Luxembourg | Permalink | Comments (0)

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