Luxembourg

Cellule de Renseignement Financier (CRF) is the Financial Intelligence Unit of Luxembourg that operates as the core body for the collection, analysis, and dissemination of information in fighting against money laundering, terrorist financing, and proliferation financing. The CRF operates under the administrative control of the General Public Prosecutor's judicial department. It plays an important role as a connection between the financial institutions and law enforcement bodies. The CRF handles suspicious transaction reports (STRs) received from banks and asset managers and converts the financial data into intelligence data for the identification of illegal networks. Apart from investigating within its national territory, the CRF operates internationally with the law enforcement bodies and FIUs around the globe through the Egmont Group.

The Cellule de Renseignement Financier (CRF) is the main analysis filter in the prevention of financial criminal activity in the state of Luxembourg, which consists of gathering, analyzing, and cross-checking suspicious transaction reports (STRs) from financial specialists and obligated companies. In case there are alerts about possible financial crimes, the unit uses domestic databases and foreign intelligence systems to find out whether the funds have any connection to money laundering, tax evasion, or terrorist financing. If any criminality is confirmed by the financial analysis, the unit freezes the compromised funds and issues detailed intelligence reports to the court and prosecutors for further criminal investigations. Also, the regulatory authority ensures market integrity by issuing compliance manuals, providing special tools such as the goAML system, and managing anti-fraud tools that prevent fraud in bank and crypto accounts.