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ARTICLE · 06 FEBRUARY 2025

CSSF Press Release On CSRD Addressed To All Lux AIFMs

On 24 January 2025, the Commission de Surveillance du Secteur Financier (the "CSSF") issued a press release (only in French)...

LuxembourgFinance and Banking

Introduction

On 24 January 2025, the Commission de Surveillance du Secteur Financier (the "CSSF") issued a press release (only in French) on the application of the Corporate Sustainability Reporting Directive (the "CSRD") and the European Sustainability Reporting Standards ("ESRS") (the "Press Release"), replacing the former CSSF communication on 10 January 2025.

The Press Release is addressed to (i) investment fund managers incorporated under Luxembourg law and subject to CSSF circular 18/698 and registered alternative investment fund managers pursuant to Article 3(2) of the law of 12 July 2013 on alternative investment fund managers ("IFMs") as well as (ii) their approved statutory auditors ("REAs").

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