On 10 April 2019, Luxembourg's financial regulator, the
Commission de Surveillance du Secteur Financier (the
"CSSF"), published CSSF circular 19/716 (the
"Circular") relating to the provision in Luxembourg of
investment services or the performance of investment activities and
ancillary services (the "MiFID Services") by
third-country firms ("TCF") in accordance with Article
32-1 of the law of 5 April 1993 on the financial sector, as amended
(the "1993 Law").
The Circular provides further guidance with respect to the
various regimes available to such firms pursuant to Article 32-1 of
the 1993 Law as well as the conditions to be met and the
information and documentation to be submitted in this
respect.1