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ARTICLE · 30 DECEMBER 2025

New CSSF Circular And Concepts Compilation For Funds Other Than UCITS/MMF

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

Arendt & Medernach

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The CSSF's new circular and technical document, applicable from 19 December 2025, update the regulatory framework and provide insight into the CSSF's interpretation of key fund concepts.

LuxembourgStrategy

The CSSF's new circular and technical document, applicable from 19 December 2025, update the regulatory framework and provide insight into the CSSF's interpretation of key fund concepts.

CSSF Circular 25/901 consolidates rules for Luxembourg investment funds

The CSSF's new circular and technical document, applicable from 19 December 2025, update the regulatory framework and provide insight into the CSSF's interpretation of key fund concepts.

On 19 December 2025, the Commission de Surveillance du Secteur Financier (CSSF) issued a comprehensive new circular that significantly consolidates the regulatory framework for Luxembourg specialised investment funds (SIFs), investment companies in risk capital (SICARs) and Part II undertakings for collective investment (Part II UCIs) (Circular).

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