Events listed in [CSSF] Commission de Surveillance du Secteur Financier
Asset Management
conference / webinar
AIFM Reporting webinar
ID 25247
In a recent press release dated 18 September 2023 (eventid=22966), the CSSF announced that AIFMs would have the option to submit their AIFM reporting using an API interface based on S3 technology, starting from 2 November 2023. To provide a comprehensive understanding of this new transmission solution, a specialized webinar has been scheduled for Wednesday, 18 October 2023, between 3 and 4 pm. The ...
Circulaire CSSF-CPDI 23/38 – Recensement du montant des dépôts garantis au 30 ...
ID 25194
The Circular CSSF-CPDI 23/38, concerning the members of the Fonds de garantie des dépôts Luxembourg, outlines key points regarding the survey on the amount of covered deposits held on 30 September 2023. This present circular is essential for ensuring the accuracy of covered deposit information and determining the contributions to the Resolution Fund, emphasizing the importance of adherence to regulatory definitions and reporting procedures. ...
New communication means for AIFM reporting as of 2 November 2023
ID 25043
The CSSF has introduced a new communication method for AIFMs starting on 2 November 2023. This initiative was developed collaboratively with industry pilot entities and aims to facilitate the submission of AIFM reporting using an API solution known as S3 technology. As of 2 November 2023, AIFMs will have the option to utilize this newly established API solution for their AIFM reporting requirements. Furthermore, ...
Circulaire CSSF 23/840 Application des orientations de l’Autorité européenne des ...
ID 24958
Circular CSSF 23/840, issued by the CSSF, covers the application of the Guidelines set forth by ESMA concerning the product governance requirements introduced by MiFID II (ESMA35-43-3448). These guidelines, published on 3 August 2023, aim to ensure that financial products are created and distributed in the best interests of clients. The key updates to these guidelines encompass the inclusion of sustainability-related objectives, the practice ...
Unauthenticated remote code execution vulnerability in NetScaler ADC (formerly ...
ID 24727
The CSSF warns of a significant security vulnerability, CVE-2023-3519, which is an unauthenticated remote code execution issue affecting NetScaler ADC (formerly Citrix ADC) and NetScaler Gateway (formerly Citrix Gateway). CIRCL (Computer Incident Center Luxembourg) has published a technical report on this vulnerability, along with recommendations. CVE-2023-3519 poses a severe risk as it allows unauthenticated threat actors to execute arbitrary code on vulnerable servers. Whil ...
2021-2023 Marketing communications under the regulation on cross-border ...
ID 24709
The CSSF conducted a thematic review on MCs used by Luxembourg IFMs under the EU Regulation 2019/1156 from 1 April to 31 March 2023. The purpose was to assess compliance with regulatory requirements and enhance investor protection. Fund managers are responsible for ensuring compliance with Article 4 of the regulation, regardless of who is marketing the fund. IFMs are advised to consider the findings ...
Methods of transmitting reports via S3 Application Programming Interface – ...
ID 24682
This document provides technical guidance on transmitting reports via the S3 API. The guidance outlines the technical aspects of S3 reporting and emphasizes the importance of proper setup and testing before production submissions. The primary objective is to offer comprehensive information on the S3 system reporting. #### S3 System Reporting Technical Specifications The process for submitting a report via the S3 system involves three ...
FAQ CSSF – Questions/Réponses relatives aux prestataires de Services d’Actifs ...
ID 24660
On 17 August 2023, the CSSF published a new FAQ on VASPs. This document covers to VASPs already registered with the CSSF under the AML/CTF Law or those intending to provide services in Luxembourg. It does explicitly not consider the European-level framework changes, such as MICA. In the following, we would like to present all original questions, together with a short summary of their ...
CSSF Thematic Review on the implementation of sustainability-related provisions in ...
ID 24559
The CSSF has issued a thematic review on the implementation of sustainability-related provisions in the investment fund industry. The review focuses on the compliance of IFMs with the disclosure obligations outlined in the SFDR and RTS. One key requirement is for IFMs to publish a statement on the PAI of their investment decisions on sustainability factors. This statement should be published **on the IFMs‘ ...
Communication on the launch of a Standardised Model Articles of Incorporation for ...
ID 24507
The CSSF has introduced the Standardised Model Articles of Incorporation for UCITS, complementing the previously launched Standardised Model Prospectus on 17 November 2022 (see eventid=18307). The new model template is specifically designed to support applicants seeking approval for a new UCITS set up in corporate form (SICAV). The *main objective behind the development of the Model Articles of Incorporation* is to simplify the drafting ...