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ARTICLE · 05 APRIL 2020

CSSF And ESMA – COVID-19 Update

Over the course of the last two weeks, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the European Securities and Markets Authority (ESMA) have issued a ...

European UnionCoronavirus (COVID-19)

Over the course of the last two weeks, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the European Securities and Markets Authority (ESMA) have issued a number of COVID-19 related updates.

In earlier briefings, we covered the ESMA and CSSF guidance on the impact of COVID-19 on financial markets as well as the CSSF extension of the deadline for annual online AML/CFT surveys.

CSSF

The CSSF has remained active as recent public health events have unfolded and has provided its stakeholders with other relevant guidelines and information.

27/03/2020 - disclosure of information by issuers of securities under Transparency law1

Taking into account the practical difficulties that issuers and their auditors could face in the current context, the CSSF decided not to take any administrative measures against issuers that fail to comply with the deadlines for publishing periodic information under the Transparency law. In addition, issuers may

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