Initially planned for 2020, then for the end of 2021, the Financial Action Task Force (FATF) is again postponing its arrival in Luxembourg. Once again, this is due to the effects of the pandemic.

THE FATF experts, responsible for ensuring compliance with international anti-money laundering and anti-terrorist financing provisions, will be in Luxembourg but not in the announced schedule. According to Max Braun, director of the financial intelligence unit, the visit of the FATF experts will not take place in 2021. It should finally take place in the spring of 2022. Luxembourg is expected to turn the corner, having passed several laws and amendments that facilitate the fight against money laundering.