Events listed in [CSSF] Commission de Surveillance du Secteur Financier
Reporting according to Annex IV of Commission Delegated Regulation (EU) No 231/2013 ...
ID 25815
The CSSF has updated its technical guidance on AIFM reporting in light of the revised IT technical guidance introduced by ESMA in November 2023 (eventid=21637). The updated document, CSSF AIFM Reporting – Technical Guidance provides information on the different feedback files that senders of AIFM reporting receive and the CSSF’s checks on the reporting files. Notably, **certain fields have been made mandatory in the ...
Communiqué UCITS marketing notifications
ID 25814
The CSSF reminds of its CSSF Circular 22/810 on 12 May 2022, informing Luxembourg UCITS of the upcoming changes to the marketing notification and de-notification procedures for shares in another Member State. The circular states that as of 2 January 2024, the eDesk Portal will be available for Luxembourg UCITS to notify or de-notify arrangements for marketing of shares in accordance with Article 6 ...
Whistleblowing
ID 25791
On 14 November, the CSSF published a set of trilingual Whistleblowing forms for the reporting of breaches of financial sector regulations to the CSSF. The CSSF asks do not use this form for customer complaints against entities subject to the supervision of the CSSF or for general requests for information to the CSSF. In the meantime, the CSSF also updated its Whistleblower Protection Guidelines ...
Circulaire CSSF 23/845
ID 25790
Circular CSSF 23/845 provides amendments to Circular CSSF 22/821, focusing on the LFR, and Circular CSSF 22/826, addressing practical rules for the statutory audit mandate of approved statutory auditors. The primary objective is to enhance clarity based on industry feedback and align the SAQ content with supervisory priorities. The revised SAQ now encompasses five thematic sections. First, credit and counterparty risk are expanded, responding ...
Circulaire CSSF 23/844
ID 25621
Circular CSSF 23/844, titled „Reporting obligations for Alternative Investment Fund Managers,“ addresses AIFMs governed by Luxembourg law and individuals involved in the operation and control of these entities. The directive under consideration is Directive 2011/61/EU, commonly referred to as „AIFMD,“ enacted by the European Parliament and the Council on 8 June 2011. **AIFMD imposes periodic reporting requirements on AIFMs based on factors such as ...
IFM – Tied agent notification forms
ID 25401
A tied agent in Luxembourg is an entity or natural person that acts on behalf of an investment firm or AIFM within the meaning of Article 1(1) of the Luxembourg law of 5 April 1993 on the financial sector. Tied agents are allowed to be used by AIFMs according to the Law of 21 July 2023 that modernized its fund toolbox. In this context, ...
Circulaire CSSF 23/842
ID 25341
The CSSF has issued Circular CSSF 23/842, which covers the adoption of the revised EBA guidelines on money laundering and terrorist financing risk factors (EBA/GL/2023/03). This circular applies to credit and financial institutions as defined in Article 1(3) and (3a) of Title I of Chapter 1 of the Law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended. ...
Circulaire CSSF 23/843
ID 25340
The CSSF has issued Circular CSSF 23/843, which covers the adoption of the EBA Guidelines EBA/GL/2023/04 on money laundering and terrorist financing risk factors when providing access to financial services. This circular applies to credit and financial institutions as defined in Article 1(3) and (3a) of Title I of Chapter 1 of the Law of 12 November 2004 on the fight against money laundering ...
Circulaire CSSF 23/841
ID 25329
The purpose of this circular is to inform about the application by the CSSF of the ESMA Guidelines on certain aspects of the remuneration requirements of Directive MiFID II (ESMA35-43-3565), published on 3 April 2023. The CSSF has integrated these Guidelines into its administrative practice and regulatory approach in order to promote convergence in supervision in this area at the European level. All entities ...
Circulaire CSSF-CODERES 23/17
ID 25317
The present CSSF circular covers the calculation of the 2024 ex-ante contribution to the SRF. Article 67 of Regulation (EU) No 806/2014 outlines the establishment of a SRF under the responsibility of the SRB for Member States participating in the SSM. The SRF aims to provide financial resources for the resolution of credit institutions and BRRD investment firms within the Single Resolution Mechanism. The ...