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ARTICLE · 05 NOVEMBER 2019

Luxembourg Update CSSF EMIR Questionnaire Results

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On 14 October 2019, Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier ("CSSF") issued a press release1 regarding the results of its 2018 EMIR investment fund...

LuxembourgFinance and Banking
Johan Terblanche
Johan Terblanche
Michelle Barry
Michelle Barry
Philippe Burgener
Philippe Burgener
Jevgeniy Nesch
Jevgeniy Nesch
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The Commission de Surveillance du Secteur Financier issued a press release regarding the results of its 2018 EMIR investment fund managers' questionnaire. 22 Oct 2019

On 14 October 2019, Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier ("CSSF") issued a press release1 regarding the results of its 2018 EMIR investment fund managers' ("IFM") questionnaire.

Background

In August 2018, the CSSF issued a questionnaire on Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories ("EMIR") to IFMs under its supervision.  The aim of the questionnaire was to collect information directly from IFMs regarding the existence of adequate EMIR monitoring and oversight procedures to ensure that each IFM and the funds they manage comply with their EMIR obligations. 

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