1,609 results found

_Following the Circular CSSF 20/764 of 18 December 2020 - which had integrated the ESMA Guidelines 34-39-992 on performance fees in UCITS and certain types of AIFs into CSSF's administrative practices and ...

The court has considered that having a provision allowing the parties to elect to have interest on the loan compounded in conformity with article 1154 of the Civil Code.

In the notification, the AIFM must identify the umbrella fund as well as the name and investment strategy of its sub-funds to facilitate administrative procedure in its home and host member states.

This brochure contains the amended Law of 12 July 2013 on alternative investment fund managers ("AIFM") in French and English.

This brochure contains the amended Law of 23 July 2016 on reserved alternative investment funds (« RAIF ») in French and English.

This brochure contains the amended Law of 13 February 2007 on specialised investment funds ("SIF") in French and in English.

This brochure contains the amended Law of 17 December 2010 on undertakings for collective investment ("UCI") in French and English.

On 17 February 2017, Luxembourg's financial regulator (Commission de Surveillance du Secteur Financier – CSSF) issued a circular drawn up with the Financial Intelligence Unit in order to provide.

On 7 January 2013, the Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier adopted circular CSSF 13/554 on the use and control of IT resources and the management of access to these resources.

Until the coming into force of the law of 21 December 2012 transposing Directive 2010/78/EU, Luxembourg investment advisors of undertakings for collective investments established in Luxembourg were expressively exempted from the scope of the law of 5 April 1993 on the financial sector.

The Grand Duchy of Luxembourg is ranked third in the world for the number of financial institutions per-country that have now signed up to report under the Foreign Account Tax Compliance Act.

As from 1 January 2024, Payment Services Providers established in Luxembourg or offering payment services in Luxembourg ...

The MiFID legal framework is evolving in light of sustainability related requirements with respect to the definition of clients' sustainability preferences...

On 29 June, the CSSF published Circular 22/818 on ESMA Guidelines on stress test scenarios - Update 2021 (ESMA/34-49-446).

After six months of negotiations, the trade unions along with the Luxembourg Bankers Association (ABBL) and Luxembourg‘s Insurance Companies Association (ACA) have reached two collective agreements...

On 24 December 2024 the CSSF published a FAQ on Circular CSSF 24/856 concerning the protection of investors in case of an NAV calculation error. Among the various guidance provided to the industry in this FAQ,

In the wake of the global financial crisis it is very clear that regulation and supervision are affecting banks' strategies and business models in an unprecedented and, for some, previously unimaginable way.