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“A ‘no’ uttered from deepest conviction is better and greater than a ‘yes’ merely uttered to please, or what is worse, to avoid trouble.” – Mahatma Gandhi
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Let's make children's wishes come true! W4C 2021
Very proud to join this initiative for 2021!! Together let's make children's wishes come true! 20 November is International Children’s...
Tracey McDermott
Oct 27, 20211 min read
16 views
CSSF weekly questionnaire - COVID-19 - First deadline 22 April 2020
With the objective to continue ongoing supervision of the investment fund sector during the current period of market turbulence, the CSSF...
Tracey McDermott
Apr 17, 20201 min read
16 views
CSSF Communiqué 17 April 2020 - COVID-19 - Remote Working
Despite some business sectors being allowed to reopen from Monday 20th in Luxembourg, and schools reopening on a phased basis during the...
Tracey McDermott
Apr 17, 20201 min read
20 views
CORONAVIRUS (COVID-19) - CSSF issues Communiqué
In light of the unusual current global health situation, the Luxembourg financial regulator, the CSSF has issued today some guidance on...
Tracey McDermott
Mar 2, 20201 min read
14 views
CSSF ACTIVITY REPORT 2018
The CSSF issued its 2018 activity report (currently only in French) in July 2019. See : http://www.cssf.lu/…/Rapports…/Rapport_2018/CSSF_...
Tracey McDermott
Aug 30, 20192 min read
17 views
Deadline for RBO filings extended to 30 November 2019
The Luxembourg Business Registers (LBR) announced that the administrative deadline for entities to file the relevant information...
Tracey McDermott
Aug 30, 20191 min read
4 views
ILA WELCOMES CSSF CLARIFICATION ON THE MAXIMUM NUMBER OF MANDATES FOR DIRECTORS OF FUND MANCOs
On 23 August 2018, the CSSF published a new Circular 18/698 to replace and update its Circular 12/546 which dealt, amongst others, with...
Tracey McDermott
Aug 28, 20182 min read
14 views
25 July 2018 - CSSF PRESS RELEASE 18/25 - BREXIT-RELATED APPLICATIONS BY FUND MANAGEMENT COMPANIES:-
As per 30 March 2019, the United Kingdom intends to leave the European Union. In a worst-case scenario, no transition period will be...
Tracey McDermott
Aug 28, 20181 min read
5 views
Luxembourg financial watchdog wants to give up sanction powers
Claude Marx, director general of CSSF, tells conference that regulator does not want power to fine companies. Luxembourg's financial...
Tracey McDermott
Feb 1, 20181 min read
5 views
European watchdog questions four fund managers' Brexit plans in Luxembourg
ESMA committee requests more information from CSSF on Brexit moves Europe's top financial watchdog has raised questions about a handful...
Tracey McDermott
Jan 19, 20181 min read
4 views
CSSF changes its policy to investments by UCITS in other UCIs under Article 41(1)(e) of UCITS Law
The CSSF has confirmed through press release 18/02 that “Mere compliance controls or written confirmation of the ETF or of the manager as...
Tracey McDermott
Jan 10, 20181 min read
11 views
CSSF Press Release 17/44 - Panama Papers: Results of the CSSF’s analysis and subsequent enforcement
"The CSSF will continue to firmly request and enforce the principle that Luxembourg banks, investment firms and other professionals in...
Tracey McDermott
Dec 20, 20171 min read
23 views
Luxembourg publishes draft laws to central registers of beneficial owners
On 6 December 2017, the Luxembourg Parliament published two draft laws to implement new transparency measures on the prevention of the...
Tracey McDermott
Dec 17, 20171 min read
3 views
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