Grand-Ducal Regulation of December 21 2017 relating to fees to
be levied by the CSSF
Grand-Ducal Regulation of December 21 2017 (the
Regulation) entered into force on January 1 2018
and repealed the Grand-Ducal Regulation of October 28 2013. In
addition to the expected fee increase for credit institutions,
investment funds and regulated markets, this Regulation introduces
a couple of significant changes in the fees to be charged by the
CSSF to authorized alternative investment fund managers
(AIFM), UCITS management companies
(ManCo) and professionals of the financial sector
(PFS).
What you need to know...
The Regulation increases the single lump sum for the examination
of a license application request from a new AIFM, new ManCo or new
PFS from 10.000 euros to 15.000 euros, as well as other annual sums
to be paid by them to the CSSF.
