From 12 March 2024 to 2 December 2025, the Chamber returned again and again to whether the judicial police, the Cellule de renseignement financier, and the Parquet are staffed to match the size of the financial centre, a thread that ran through bill 8299 on attaché de justice posts and bill 8486 updating the money-laundering predicate offences in the Penal Code. The Caritas fraud put bank vigilance duties in front of the Chamber alongside the case already told on the The Caritas fraud and state funding of NGOs page, this time over what Spuerkeess and BGL BNP Paribas knew. The CSSF's approval of the Israeli state bonds prospectus drove demands for a national financial-sanctions framework, and digital and crypto fraud, from FTX to BIL phishing, tested banks and regulators against MiCA and the payee-name check. Corporate vehicles such as SOPARFIs and a 1977 gambling law, and the VAT carousel fraud fought by bill 8339, rounded out the loopholes deputies pressed the government to close. The quotes below are taken verbatim from the Compte rendu officiel of each sitting.
\nOn 20 November 2025, during the debate on bill 8486 (PL8486 — Code Pénal criminalité financière) updating the Penal Code and the Code of Criminal Procedure, Laurent Mosar stated the bill's aim of protecting the state against money laundering and financial crime.
\n\n\nDe lëtzebuergesche Staat muss sech besser géint schwéierst Forme vu Kriminalitéit schützen, ganz besonnesch géint Geldwäsch, awer och géint wirtschaftlech a finanziell Kriminalitéit.
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The Luxembourg state must better protect itself against the most serious forms of crime, particularly money laundering, but also economic and financial crime.
\nSitting of 20 November 2025, Laurent Mosar, CSV
\nOn 20 December 2023, during the debate on bill 8339 (PL8339 — Taxe sur la valeur ajoutée) extending the VAT reverse-charge mechanism against carousel fraud, Laurent Mosar described how the mechanism already applied to CO2 and energy certificates.
\n\n\nDëse gëtt aktuell am Beräich vun den CO2-Zertifikater am Emissiounshandel, wéi awer och beim Kaf vu Gasan Elektreschzertifikater ugewannt. Einfach ausgedréckt muss de Keefer vun dësen Zertifikater dem Staat d’TVA iwwerweisen an net de Verkeefer.
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This mechanism currently applies in the field of CO2 certificates in emissions trading, as well as to the purchase of gas and electricity certificates. Put simply, the buyer of these certificates must pay the VAT to the state, not the seller.
\nSitting of 20 December 2023, Laurent Mosar, CSV
\nOn 1 April 2025, during the interpellation on financial education in Luxembourg, André Bauler gave the annual number of crypto-fraud cases recorded by the judicial police.
\n\n\nAm leschte Mount stoung dann och an engem Artikel vu „Reporter“, dass am Schnëtt an der Divisioun „Cybercrime“ vun der Lëtzebuerger Police judiciaire pro Joer eng ronn 15 Fäll vu Kryptobedruch verzeechent ginn.
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Last month there was also an article in \"Reporter\" that on average around 15 cases of crypto fraud are recorded a year by the \"Cybercrime\" division of the Luxembourg judicial police.
\nSitting of 1 April 2025, André Bauler, DP
\nOn 10 October 2024, during the motion on compliance and anti-corruption requirements in state conventions with associations, Carole Hartmann argued that money laundering should be added to the motion's scope alongside corruption.
\n\n\nEis feelt an den „invite le Gouvernement“ niewent der Korruptioun vläicht och nach d’Element vum Blanchiment d’argent, well dat awer a priori och mat misst diskutéiert ginn, wa mer iwwer Strofdoten an dësem Kontext schwätzen.
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What we are missing in the \"invite le Gouvernement\" alongside corruption is perhaps also the element of money laundering, since that too should a priori be discussed when we talk about criminal offences in this context.
\nSitting of 10 October 2024, Carole Hartmann, DP
\nOn 11 July 2024, during the debate on bill 8299 (PL8299) creating attaché de justice posts, Liz Braz argued that the judicial apparatus is not sized for the financial centre.
\n\n\nEise Justizapparat ass global vläicht un d’Gréisst vun eisem Land ugepasst, mee ganz sécher net un d’Gréisst vun eiser Finanzplaz.
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Our judicial apparatus is perhaps globally sized for our country, but certainly not for the size of our financial centre.
\nSitting of 11 July 2024, Liz Braz, LSAP
\nOn 16 October 2025, during the motion qualifying the acts of the Israeli government as war crimes, Franz Fayot argued that the CSSF, in approving the Israeli state bonds prospectus, remained bound by the state's obligations under the Genocide Convention.
\n\n\nD’CSSF ass eng Antenn, ass en Aarm vum Lëtzebuerger Staat. An de Lëtzebuerger Staat, deen huet Obligatiounen ënnert der Convention pour la prévention des génocides vun 1948.
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The CSSF is an antenna, an arm of the Luxembourg state. And the Luxembourg state has obligations under the 1948 Convention on the Prevention of Genocide.
\nSitting of 16 October 2025, Franz Fayot, LSAP
\nOn 15 October 2025, during the heure d'actualité on rising digital fraud in the banking sector, Ben Polidori described the coming reversal of the burden of proof from customer to bank under EU payment rules.
\n\n\nD’Beweislaascht wäert net méi beim Client leien, mee bei der Bank, déi da wäert misse beweisen, datt de Client net alles gemaach huet, fir eng Fraude wierklech ze verhënneren.
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The burden of proof will no longer lie with the customer, but with the bank, which will then have to prove that the customer did not do everything to actually prevent fraud.
\nSitting of 15 October 2025, Ben Polidori, LSAP
\nOn 10 July 2025, during the orientation debate on the Caritas special commission's final report, Tom Weidig called for enhanced due diligence on associations receiving large state conventions.
\n\n\nMir géifen dofir proposéieren, datt Associatiounen, mat deenen de Staat Konventiounen ab enger bestëmmter Schwell, wéi eng Millioun Euro, mécht, vill méi genau kontrolléiert musse ginn. Do muss eng „enhanced due diligence“ gemaach ginn. Iwwregens ass dat genau dat, wat och de GAFI an och d’Geldwäschreegele scho fuerderen.
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We would therefore propose that associations with which the state makes conventions above a certain threshold, such as one million euros, must be checked much more precisely. Enhanced due diligence must be carried out there. That, incidentally, is exactly what the FATF and the anti-money-laundering rules already require.
\nSitting of 10 July 2025, Tom Weidig, ADR
\nOn 15 October 2025, during the same heure d'actualité on rising digital fraud in the banking sector, Fred Keup gave the scale of a phishing case affecting BIL customers.
\n\n\nMir hunn déi leschten Zäit 70 Bankcliente gehat an enger gréisserer Affär, iwwert déi och an de Meedien dann ausféierlech bericht ginn ass, déi also Affer goufe vun Onéierlechen, an déi meescht eebe bei der BIL.
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We have recently had 70 bank customers in a larger case, on which the media also reported at length, who were victims of dishonest people, most of them at BIL.
\nSitting of 15 October 2025, Fred Keup, ADR
\nOn 10 July 2025, during the same orientation debate on the Caritas special commission's report, Djuna Bernard argued that the banks involved had failed their duty of vigilance.
\n\n\nDass grad besote Banken, déi helleg Kéi vun eisem Land, an dëser Affär hir ganz eegen, ganz fraglech Roll gespillt hunn an hirem Devoir de vigilance relativ offensichtlech net nokomm sinn, schéngt wuel och d’CSSF esou ze gesinn.
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That precisely these banks, the sacred cows of our country, played their own, very questionable role in this affair and relatively clearly failed their duty of vigilance seems to be how the CSSF sees it too.
\nSitting of 10 July 2025, Djuna Bernard, déi gréng
\nOn 2 December 2025, during the question on a national financial-sanctions framework, Sam Tanson recalled that the CSSF had written to the Foreign Minister over the Israel Bonds affair to ask about national sanctions.
\n\n\nEt war notamment opkomm am Kader vun de faméisen Israel-Bonds, wou d’CSSF jo e Bréif un den Ausseminister geschriwwen huet, woura se och gefrot huet, ob et national Sanktioune géing ginn.
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It had notably come up in the context of the famous Israel Bonds, where the CSSF had written a letter to the Foreign Minister, in which it also asked whether there would be national sanctions.
\nSitting of 2 December 2025, Sam Tanson, déi gréng
\nOn 22 January 2025, during the debate on bill 8387 (PL8387 — Réglementation cryptoactifs) implementing the EU regulation on markets in crypto-assets, Sven Clement welcomed the new legal framework against pump-and-dump schemes and rug pulls.
\n\n\nEt ass och ganz wichteg, datt mer eis hei endlech e legale Kader ginn, fir déi sougenannte „Pump and Dump Schemes“, déi um Aktiemaart scho ganz laang verbuede sinn, an de Grëff ze kréien an och sougenannte „Rug Pulls“ ze verbidde respektiv méi staark ze encadréieren.
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It is also very important that we finally give ourselves a legal framework here to get a grip on the so-called \"pump and dump schemes\", which have long been forbidden on the stock market, and to ban so-called \"rug pulls\" or regulate them more strictly.
\nSitting of 22 January 2025, Sven Clement, Piraten
\nOn 16 October 2025, during the heure d'actualité on possible bilateral sanctions against Israel, Sven Clement called the CSSF's approval of Israeli state bonds a moral as well as a technical question.
\n\n\nBesonnesch problematesch ass do och d’Approbatioun vun israeelesche Staatsobligatiounen duerch d’CSSF. Well dat ass net nëmmen eng technesch Fro, et ass och eng moralesch Fro. Wa mir als Finanzplaz israeelesch Staatsbonge geneemegen, dann ënnerstëtze mer domadder eng Politick, déi mer gläichzäiteg verbal verurteelen.
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The CSSF's approval of Israeli state bonds is especially problematic there. Because that is not only a technical question, it is also a moral question. If we, as a financial centre, approve Israeli state bonds, we thereby support a policy that we simultaneously condemn verbally.
\nSitting of 16 October 2025, Sven Clement, Piraten
\nOn 10 October 2024, during the heure d'actualité on the Caritas dossier, Marc Baum gave the scale of the theft and the banks whose credit lines were used.
\n\n\nIwwer 60 Milliounen Euro goufe geklaut, dovunner 33 Millioune Kredittlinne vu systeemesche lëtzebuergesche Banken, der Staatsbank Spuerkeess am allermeeschten an der BGL, enger Bank, bei där de Staat och Aktionär ass.
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More than 60 million euros were stolen, of which 33 million was credit lines from systemic Luxembourg banks, mostly the state bank Spuerkeess, and at BGL, a bank in which the state is also a shareholder.
\nSitting of 10 October 2024, Marc Baum, déi Lénk
\nOn 11 July 2024, during the same debate on bill 8299, Marc Baum quoted Balzac to argue that large-scale financial crime deserves the same attention as small crime.
\n\n\nDen Honoré de Balzac, deen nun definitiv kee Lénke war, huet eng Kéier gesot: „Derrière chaque grande fortune, il y a un grand crime.“
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Honoré de Balzac, who was definitely not a leftist, once said: \"Behind every great fortune, there is a great crime.\"
\nSitting of 11 July 2024, Marc Baum, déi Lénk
\nOn 15 October 2025, during the same heure d'actualité on rising digital fraud in the banking sector, David Wagner recalled that the judicial authorities themselves had told the Caritas special commission that they lacked the resources to counter this development.
\n\n\nAn hire Constat war ganz kloer: Et feelt hinnen engersäits u Moyenen an op der anerer Säit un Instrumenter, fir där Entwécklung eppes entgéintzesetzen.
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Their finding was very clear: on one hand they lack resources, and on the other hand instruments, to counter that development.
\nSitting of 15 October 2025, David Wagner, déi Lénk
\nOn 12 March 2024, answering a question on judicial police officers mobilised for anti-begging enforcement, the Minister of the Interior recalled that the anti-money-laundering section itself had told him it lacked staff.
\n\n\nAn ech deelen dee Constat, well ech war bei d’PJ en Untrëttsbesuch maachen. Ech weess elo net méi genau, wéini. An notamment hunn déi vun der Sectioun Antiblanchiment mer gesot: „Mir brauche méi Leit.“
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And I share that assessment, because I went on an introductory visit to the judicial police. I no longer remember exactly when. And notably, those from the anti-money-laundering section told me: \"We need more people.\"
\nSitting of 12 March 2024, Léon Gloden, Ministre des Affaires intérieures
\nOn 11 July 2024, during the same debate on bill 8299, the Minister of Justice announced that the Cellule de renseignement financier would nearly double its staff.
\n\n\nZousätzlech gëtt d’CRF opgestockt mat sechs zousätzleche Posten iwwert déi nächst dräi Joren. Am Moment hu mer do siwe Magistraten, soudatt mer hei wierklech quasi eng Verdueblung hu vum Effectif.
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In addition, the CRF is being expanded with six extra posts over the next three years. At the moment we have seven magistrates there, so that we are really getting nearly a doubling of the staff.
\nSitting of 11 July 2024, Elisabeth Margue, Ministre de la Justice
\nOn 2 December 2025, answering the same question on a national financial-sanctions framework, the Minister of Finance gave the sum of Russian-linked private assets frozen in Luxembourg.
\n\n\nAn hei zu Lëtzebuerg sinn aktuell iwwer 4,3 Milliarden Euro u privaten Avoiren agefruer. Mir hunn duerfir och en dediéierten Internetsite op dem Finanzministère, wou eng reegelméisseg Informatioun iwwert déi lescht Entwécklung stattfënnt.
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Here in Luxembourg, more than 4.3 billion euros of private assets are currently frozen. We therefore also have a dedicated website at the Finance Ministry, where regular information on the latest developments is provided.
\nSitting of 2 December 2025, Gilles Roth, Ministre des Finances
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