The CSSF has released a circular updating its requirements for the standardized data collection concerning Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) activities. This update is relevant for a broad range of financial entities, including credit institutions, investment firms, fund managers, and crypto-asset service providers, among others.

Regulated entities must review the updated circular to ensure their data collection and reporting practices align with the latest CSSF requirements. Compliance with these updated AML/CFT data collection standards is mandatory, and failure to adhere may result in supervisory actions. Specific implementation details and deadlines should be consulted within the full circular document.