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  • Article

    Availability Of CSSF FAQ On Submission Of Closing Documents And Financial Information In English

    The CSSF frequently asked questions (the "FAQ"), published for the first time on 29 June 2021 in French, is now available in English following its publication by the CSSF on 30 November 2023.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Central Administration, Internal Governance And Risk Management Requirements: CSSF Update

    On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") issued the Circular CSSF 22/807 updating the amended Circular CSSF 12/552 on central administration, internal governance...
    LuxembourgFinance and Banking
    Arendt & Medernach
Arendt & Medernach
  • Article

    Circular 14/589 – Out Of Court Settlement

    The CSSF issued at the end of June 2014, circular 14/589 which further clarifies some aspects of the Regulation 13-02 relating to the out-of-court settlement of claims.
    LuxembourgFinance and Banking
    BSP
    BSP
  • Article

    Cloud Computing Infrastructure

    On 27 March 2019, the CSSF issued Circular 19/714 ("Circular") which amends CSSF Circular 17/654 on IT outsourcing relying on a cloud computing infrastructure
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Covered Bond Banks

    On 19 December 2018, the CSSF issued Circular 18/705 ("Circular") relating to the general valuation principles, introduced by the Law of 22 June 2018
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    CSSF And HK Securities And Futures Commission Signed MoU On Mutual Recognition Of Funds

    The Applicant must provide to the CSSF a proof that a paying agent has been appointed for its HK covered Fund.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    CSSF Announces A New Requirement For IFMs To Make A Performance Fee Declaration For Luxembourg Regulated UCITS And AIFs They Manage.

    By means of a press release dated 22 September 2021, the CSSF announces a new requirement for a performance fee declaration to be made as from 30 September 2021 on eDesk by IFMs...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    CSSF Circular 22/810 - Pre-marketing And Cross-border Marketing Notification Procedures

    On 12 May 2022, the CSSF published Circular 22/810 on the procedures to be followed by Luxembourg-based undertakings for collective investment in transferable securities (UCITS)...
    LuxembourgFinance and Banking
    NautaDutilh Avocats Luxembourg
    NautaDutilh Avocats Luxembourg
  • Article

    CSSF Clarifies Application Of MiFID/MiFIR

    The CSSF clarifies that as foreseen in the Treaty on the Functioning of the European Union for all European Regulations, MiFIR will be binding and directly applicable in Luxembourg from 3 January 2018.
    LuxembourgFinance and Banking
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    CSSF Clarifies Its Expectations On How Delegated Activities Must Be Monitored By Investment Fund Managers

    While the CSSF approves of the overall level of compliance with the UCITS and AIFMD framework with regard to the delegation of the portfolio management function, it has nonetheless issued several recommendations.
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    CSSF Clarifies Its Position On AIFM

    The Commission de Surveillance du Secteur Financier has issued its updated version of the frequently asked questions dated 10 January 2014 concerning the Luxembourg Law of 12 July 2013 on alternative investment fund managers.
    LuxembourgFinance and Banking
    Wildgen
    Wildgen
  • Article

    CSSF FAQ On UCIs: Investment In SPACs

    On 17 December 2021, the CSSF updated its FAQ on the UCI Law (question 18) with information on the possibility for UCITS to invest in SPACs.
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    CSSF Form For Assessment Of Compliance With Circular

    The "Commission de Surveillance du Secteur Financier" published on March 12th 2013 the 18 page form for assessment and confirmation of compliance with circular CSSF 12/546.
    LuxembourgFinance and Banking
    BSP
    BSP
  • Article

    CSSF Guidance On The Scope Of Loan Originating Activities That Do Not Require A License As A PSF

    The CSSF provides helpful guidance to the industry on the scope of loan originating activities that do not require a license as a professional of the financial sector.
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    CSSF Issues A Press Release On Investment Management Delegation And The Temporary Permissions Regime In The Brexit Context

    On Friday 25 January, the Luxembourg Supervisory Authority of the Financial Sector (Commission de Surveillance du Secteur Financier, CSSF) ...
    LuxembourgFinance and Banking
    Ogier
    Ogier
  • Article

    CSSF Issues Circular 17/671 Specifying CSSF Regulation 16-07 On Out-Of-Court Resolution Of Complaints

    On 13 October 2017, the Commission de Surveillance du Secteur Financier (the "CSSF") issued Circular 17/671 specifying CSSF Regulation 16-07 on out-of-court resolution of complaints (the "Circular 17/671").
    LuxembourgFinance and Banking
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    CSSF Issues Regulation 16-07 On Out-Of-Court Resolution Of Complaints

    The new text also requires consumers which intend to file a request with the CSSF to take action within one year after having introduced a request with the professional.
    LuxembourgFinance and Banking
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    CSSF Position On Transfer Of Investors' Data

    On 30 October 2020, the CSSF updated the FAQs listed below to clarify the applicable requirements in the event of transfer of data by central administrations (or investment funds or investment fund...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    CSSF Press Release: Eligible Entities In Luxembourg To Hold Alternative Investment Funds Cash Accounts

    On 18 October 2022, the Commission de Surveillance du Secteur Financier has issued a press release regarding eligible entities for the opening of cash accounts in relation to Luxembourg alternative investment funds.
    LuxembourgFinance and Banking
    Ganado Advocates
    Ganado Advocates
  • Article

    CSSF Standardised Model Prospectus For UCITS

    Launch of a CSSF standardised model prospectus to support the examination of the prospectus to facilitate the drafting of a conventional prospectus for a UCITS project of average complexity.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Showing 321–340 of 1610 results

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