The Institut des Réviseurs d'Entreprises is Luxembourg's institute of auditors, comprising réviseurs d'entreprises, approved auditors and audit firms. Its attributions are defined by law: it defends the interests of the profession, issues standards for activities outside statutory audit, ensures compliance with professional norms and duties, monitors members' anti-money-laundering and counter-terrorist-financing obligations, and mediates disputes between members and third parties. It works with the CSSF on admission, recognition of qualifications and freedom to provide services, and delivers mandatory continuing education with the University of Luxembourg.
What the IRE publishes
- Professional standards for activities falling outside statutory audit
- Technical guidance from its working groups, notably on ESG, AML/CFT and smaller audit practices
- Circulars and communications to members on professional obligations
- Continuing education programmes and training material
- Positions on Luxembourg and European regulatory developments
Why it matters for compliance teams
Luxembourg's audit profession carries a heavy AML monitoring role given the jurisdiction's fund and banking concentration, and the IRE's guidance shapes how that duty is discharged at engagement level. Its ESG working group output is also an early read on how sustainability assurance will be performed locally.
Seqlense DOC indexes IRE standards and guidance alongside CSSF requirements and the European audit and sustainability instruments.