Events listed in [CSSF] Commission de Surveillance du Secteur Financier
CSSF FAQ Sustainable Finance Disclosure Regulation (SFDR) – Updated on ...
ID 23126
The CSSF updated its FAQ Sustainable Finance Disclosure Regulation (SFDR) – initially published on 2 December 2022 – by adding Questions 7, 8 and 9 on 13 March 2023, and later deleting Question 8 again on 5 May 2023. As a reminder, these FAQs provide further clarification on the SFDR and apply to FMPs and Financial Products as defined in SFDR. The FAQs should ...
Thematic review on the use of Artificial Intelligence in the Luxembourg Financial ...
ID 23096
The Thematic Review on the Use of Artificial Intelligence in the Luxembourg Financial Sector report summarizes the findings of a joint survey conducted by the BCL and the CSSF between October 2021 and January 2022. The survey aimed to understand the level of adoption of innovative technologies, particularly AI and ML in the Luxembourg financial sector. The survey was sent to all credit institutions, ...
Asset Management
conference / webinar
CSSF and CAA joint conference on EMIR Refit Reporting and EMIR Data Quality ...
ID 23069
The CSSF and CAA are hosting in-person events on EMIR Reporting on 5-7 June 2023 at the CSSF’s premises in Luxembourg. As a reminder, on 20 December 2022, ESMA has published the final guidelines for reporting under EMIR to provide clarifications on the (revised) reporting regime and to ensure the consistent implementation of the obligations, thereby covering a wide array of issues ranging from ...
Circulaire CSSF-CPDI 23/34
ID 23040
Circular CSSF-CPDI 23/34 has been issued to modify the method for calculating ex-ante contributions laid down in Circular CSSF-CPDI 20/21. The purpose of the circular is to adjust the contributions to be paid in cases where deposit growth results from mergers between member institutions or from transfers of liabilities or similar operations between member institutions, whereas contributions have been paid in the past of ...
FAQ on the revised long form report framework introduced by Circulars CSSF 22/821 ...
ID 22822
The CSSF published a set of FAQs as an XLSX-file, aiming to provide clarity regarding the revised SAQ and other aspects of the new framework introduced in Circulars CSSF 22/821 and 22/827. These circulars have been published to regulate credit institutions and branches of credit institutions. The CSSF has received numerous questions from these entities after the implementation of the revised framework. To make ...
Circulaire CSSF-CPDI 23/33
ID 22792
The CSSF published Circular CSSF-CPDI 23/33, serving to conduct a survey on deposits, particularly covered deposits, held by credit institutions incorporated under Luxembourg law, POST Luxembourg for its provision of postal financial services, and Luxembourg branches of credit institutions headquartered in a third country as of 31 March 2023. Covered deposits and eligible deposits are defined in Article 163 of the BRRD Law, and ...
CSSF FAQ Virtual Assets – Undertakings for collective investment (updated on ...
ID 22702
On 6 April 2023, the CSSF updated its FAQ Virtual Assets – Undertakings for collective investment. The FAQ, initially published on 29 November 2021, aims to provide professionals with concise answers to the main practical issues they are facing in the field of virtual assets. The present update brings modification to question 2, together with a new question 3A, which we would like to ...
The CSSF’s supervisory priorities in the area of sustainable finance
ID 22693
The CSSF has published a communication outlining its supervisory priorities in the area of sustainable finance. The CSSF is promoting sustainable finance by encouraging the integration of ESG requirements into its supervisory practice. Supervised entities and their board members have the primary responsibility for ensuring compliance with applicable requirements and must prioritize integrating ESG factors into their governance, risk management, and compliance tools. The ...
CSSF communication on Liability Driven Investment Funds
ID 22661
The CSSF issued a communication, responding to the impact of the volatility in yields associated with UK Gilts in September 2022, which affected LDI Funds, by engaging with alternative investment fund managers managing LDI Funds in GBP to improve their resilience. As a reminder, the CSSF published a communication on 30 November 2022, informing relevant investment fund managers of measures to be taken in ...
Monitoring the quality of transaction reports received under Article 26 of MiFIR
ID 22582
The CSSF issued a press release about the obligation of credit institutions and investment firms to report transactions in financial instruments as outlined in Article 26 of EU Regulation 600/2014 (MiFIR). The CSSF informs reporting entities of the number of reports received and the quality and completeness campaigns conducted in 2022. The CSSF introduced the Quarterly Analytical Summary to provide investment firms with a ...