On 7 June 2019, a new regulation amending the Capital Requirement Regulation (EU) 575/2013 ("CRR") was published in the Official Journal of the European Union

To business players, sophistication of the law is not the final word.

The Circular applies to credit institutions, investment firms, asset managers and alternative investment fund managers (AIFMs).

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.

Further to the release of a revised version of the Pillar 3 framework ("RPF") by the Basel Committee on Banking Supervision in January 2015, the European Banking Authority ("EBA")...

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.

A new EU regulatory framework on securitisation has been adopted. It is composed of Regulation (EU) 2017/2402 of 12 December 2017 ...

The directive (EU) 2019/2034 and regulation (EU) 2019/2033 on the prudential requirements of investment firms were published in the official EU journal introducing a new prudential regime for...

The Solvency II Directive came into effect on 1 January 2016, setting new capital requirements based mostly on the risks embedded on the asset side of balance sheets.

On 29 August 2019, the CSSF issued a communication on the relevance of money laundering and terrorist financing ("AML/CTF")

On 1 January 2016, a new EU-wide insurance supervision system became effective.

On 18 January 2018, the Commission de Surveillance du Secteur Financier ("CSSF") released CSSF Circular 18/676 in relation to the adoption of the EBA Guidelines ...

The CSSF issued on 12 October 2017 a press release whereby it reminds that under the new EMIR reporting requirements, the Legal Entity Identifier (LEI) will be mandatory as of 1 November 2017 to identify the counterparty in a derivative transaction

The first area of analysis concerns insurers' investments and ways to assess how the risks originating from the transition to a less carbon-intensive economy could impact prudential risks relating to stocks, bonds and real estate.

The law of 15 July 2024 on transfer of non-performing loans (the "Law") was published in the Official Journal of the Grand-Duchy of Luxembourg. It aims at implementing Directive (EU)...

The recently published delegated regulation on Solvency II is an important one: if passed, it would allow insurers to remove disincentives for long-term investments

Investment firms offer a variety of services and vary by their size, business model, risk profile and complexity...

On 23 December 2021, in an FAQ Virtual Assets – Credit institutions ("FAQ") , the CSSF provided guidance for credit institutions wishing to offer virtual asset services; this was updated on 4 January 2022.

The new standards on lease accounting are here. They became effective on 1 January 2019 for calendar year-end companies.

For quite some time now, several governments have been issuing bonds with negative interest rates.