BEGIN:VCALENDAR VERSION:2.0 PRODID:-//PYVOBJECT//NONSGML Version 1//EN BEGIN:VTIMEZONE TZID:Europe/Brussels BEGIN:STANDARD DTSTART:20001029T030000 RRULE:FREQ=YEARLY;BYDAY=-1SU;BYMONTH=10 TZNAME:CET TZOFFSETFROM:+0200 TZOFFSETTO:+0100 END:STANDARD BEGIN:DAYLIGHT DTSTART:20000326T020000 RRULE:FREQ=YEARLY;BYDAY=-1SU;BYMONTH=3 TZNAME:CEST TZOFFSETFROM:+0100 TZOFFSETTO:+0200 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT UID:20260618T093731Z - 28270@eupv478 DTSTART;TZID=Europe/Brussels:20230309T140000 DTEND;TZID=Europe/Brussels:20230309T170000 CREATED:20260618T093731Z DESCRIPTION:Tax AML in the context of asset management: are you ready for the CSSF audit ?\nPRESENTATION With the introduction of Circular 17/650 in 2017\, as amen ded by Circular 20/744 in July 2020\, the CSSF significantly extended the AML/CFT compliance obligations of the Luxembourg asset management industry . Circular 17/650 was released by the CSSF following the 2017 Luxembourg t ax reform which extended the money laundering offence to aggravated tax fr aud and tax evasion. This initial Circular provided general guidance for a ll entities falling under the supervision of the CSSF to raise suspicions of tax fraud and evasion through a (non-exhaustive) list of common indicat ors. Circular 20/744 complements these common indicators by new indicators that are to be taken into account specifically in the context of collecti ve investment activities and professionals providing services in that part icular sector. The intensified audit activity of the CSSF makes clear that the latter expects professionals under its supervision to consider these indicators in their risk assessments. In this respect\, the risk mitigatio n measures need to be proportionate to their risk exposure within the spec ific context of collective investment activities. However\, who exactly is concerned by the Circular? What triggers potential reporting obligations? Which taxes need to be considered when performing a due diligence? And\, how can asset managers ensure compliance with the Circular so as to be pre pared for CSSF audits? All these questions will be addressed during this w orkshop. PROGRAMBackground Scope and objectives of the Circular Triggering events of reporting obligations (common and specific indicators) and sele cted practical issues Overlap with other reporting obligations (e.g. DAC 6 \, Unshell Directive) How to manage reporting and compliance obligations i n practice Practical case studies SPEAKERSOLIVER R. HOOR Tax Partner and H ead of Transfer Pricing\, ATOZ Tax Advisers Oliver is [...] DTSTAMP:20260618T093731Z LOCATION:ATOZ Tax Advisers\, Aerogolf Center\, 1B rue Heienhaff\, Senninger berg 1736\, Luxembourg SUMMARY:Tax AML in the context of asset management: are you ready for the CSSF audit ? X-ALT-DESC;FMTTYPE=text/html:Tax AML in the context of asset management: are you ready for th e CSSF audit ?\nPRESENTATION With the introduction of Circular 17/650 in 2017\, as amended by Circular 20/744 in July 2020\, the CSSF significan tly extended the AML/CFT compliance obligations of the Luxembourg asset ma nagement industry. Circular 17/650 was released by the CSSF following the 2017 Luxembourg tax reform which extended the money laundering offence to aggravated tax fraud and tax evasion. This initial Circular provided gener al guidance for all entities falling under the supervision of the CSSF to raise suspicions of tax fraud and evasion through a (non-exhaustive) list of common indicators. Circular 20/744 complements these common indicators by new indicators that are to be taken into account specifically in the co ntext of collective investment activities and professionals providing serv ices in that particular sector. The intensified audit activity of the CSSF makes clear that the latter expects professionals under its supervision t o consider these indicators in their risk assessments. In this respect\, t he risk mitigation measures need to be proportionate to their risk exposur e within the specific context of collective investment activities. However \, who exactly is concerned by the Circular? What triggers potential repor ting obligations? Which taxes need to be considered when performing a due diligence? And\, how can asset managers ensure compliance with the Circula r so as to be prepared for CSSF audits? All these questions will be addres sed during this workshop. PROGRAMBackground Scope and objectives of the Ci rcular Triggering events of reporting obligations (common and specific ind icators) and selected practical issues Overlap with other reporting obliga tions (e.g. DAC 6\, Unshell Directive) How to manage reporting and complia nce obligations in practice Practical case studies SPEAKERSOLIVER R. HOOR Tax Partner and Head of Transfer Pricing\, ATOZ Tax Advisers Oliver is [.. .] END:VEVENT END:VCALENDAR