Luxembourg's CSSF imposed a €56,000 fine on Stonehage Fleming Luxembourg S.A. for multiple compliance failures, including significant delays in processing sanctions screening alerts and implementing changes to screening lists. At the time of inspection, hundreds of alerts had been treated with substantial delays and 42 alerts remained completely unnoticed by the financial services provider.

Luxembourg employers face a critical compliance deadline as administrative sanctions for failing to implement the right to disconnect framework come into force on 4 July 2026.

The European Union's newly adopted anti-money laundering and counter-terrorist financing package represents a significant evolution in financial crime prevention, introducing a harmonised rulebook that expands the range of entities required to comply with AML/CTF obligations. This comprehensive analysis examines how the Package transforms the regulatory landscape for obliged entities across EU member states, comparing the new requirements against both the previous EU directive framework and existing domesti

Last year the topic of sustainability continued to gain momentum on headlines and in boardrooms...

The Luxembourg Stock Exchange has issued a fourth revised version of the X Principles of Corporate Governance, to include a new Principle 9 on corporate social responsibility (CSR) and to integrate Principle 6 (Evaluation of the performance of the Board) into Principle 2 (The Board of Directors Remit).

In this Eyes on ESG video, Rocco Mezzatesta, Manager in our ESG & Sustainability team, explains the key changes following the EU Parliament's approval of the Omnibus proposal, providing clarity after a year of updates.

The CSSF has announced that the deadline for UCITS management companies to submit their UCITS risk reports for the period covering the half-year starting 1 July 2016 and ending 31 December 2016...

On 13 July 2018, the CSSF published a press release stressing its attention on the accurate reporting of derivative transactions.

By the end of 2021, many companies in Luxembourg will need to have appropriate protocols in place to facilitate whistleblowing.

The CSSF has published Press Release 15/01 to the attention of issuers of securities subject to the law of January 11th 2008 on transparency requirements for issuers of securities, as amended.

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.

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.

The European Commission's proposal to recast the Directive on Administrative Cooperation (DAC) represents a significant shift in tax transparency requirements, particularly targeting...

La Commission de Surveillance du Secteur Financier (CSSF) a récemment publié la Circulaire 22/804 sur les exigences en matière de gouvernance et de sécurité pour les entités surveillées...

Die Commission de Surveillance du Secteur Financier (CSSF) hat kürzlich das Rundschreiben 22/804 zu den Verwaltungs- und Sicherheitsanforderungen für beaufsichtigte Unternehmen...

The new CSSF circular 12/540 has been issued on 9 July 2012 and provides clarification on the situation of dormant sub-funds of undertakings for collective investment ("UCI") subject to the Luxembourg law of 17 December 2010 on undertakings for collective investment or the Luxembourg law of 13 February 2007 on specialized investment funds, as amended

To be able to plan effectively, it is important for banks to understand the impact the new supervisory regime has across the region, and to benchmark their experiences and current practices against peers.

Loyens & Loeff New York regularly publishes "Snippets" on various EU tax and legal topics. This Snippet discusses the implementation of the EU Mobility Directive...

On 31 December, 2016 the State Prosecutor of the Luxembourg Financial Intelligence Unit (Cellule de renseignement financier du Parquet auprès du Tribunal d'Arrondissement de Luxembourg – the CRF)...

The Commission de Surveillance du Secteur Financier (CSSF) has recently published Circular 22/804 on governance and security requirements for supervised entities to perform tasks or activities...