CMS Expert Guide to LVMH limits to cash payments

Cash payments are still, in certain countries, the easiest and most common type of payment to conclude a commercial transaction. However, the continuous increase of money laundering and terrorist financing have influenced the majority of legal systems to introduce limits on cash payments and to impose severe sanctions in the event of their breach.

The CMS Expert Guide aims to offer LVMH an interactive tool, easily accessed by each shop assistant, employee and store manager who deals with cash payments, in order to provide a prompt and up to date analysis of the applicable limits on cash payments in various jurisdictions to ensure compliance and sanction avoidance.

As the CMS Expert Guide covers a variety of countries, it also offers a comparative analysis of the relevant jurisdictions with the aim of improving operational efficiency and minimising business risk.

We hope you find our Expert Guide helpful for your business. Please do not hesitate to contact us in case of any questions or comments.