General Members News

Elvinger Hoss Newsflash: CSSF Telework Circular applicable as of 1 July 2022: are you ready?

CSSF Telework Circular applicable as of 1 July 2022: are you ready? On 31 March 2022, the CSSF confirmed that Circular 21/769 on “Governance and security requirements for supervised entities to perform tasks or activities through Telework” (“Telework Circular”) will apply as from 1 July 2022 in view of the government’s recent announcements removing the

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General Members News

Banque Internationale à Luxembourg records a strong performance in 2021

    COMMUNIQUÉ DE PRESSE PRESSEMITTEILUNG PRESS RELEASE   Luxembourg, 31 March, 2022   Strong 2021 Performance, Investing for Sustainable Growth   Banque Internationale à Luxembourg records a strong performance in 2021, driven by dynamic commercial activities. Net income reaches EUR 135 million, a 34% increase. The Bank accelerates its transformation to build sustainable growth,

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General Members News

Elvinger Hoss Newsflash: Regulatory update – CSSF guidance on virtual asset

Regulatory update: CSSF guidance on virtual assets On 29 November 2021, the CSSF provided guidance to the industry with respect to virtual assets, by publishing a Communiqué (the “Statement”) and frequently asked questions for undertakings for collective investments (FAQ – Virtual assets (UCIs) (the “FAQ”).[1] Key takeaway points of the Statement The CSSF identifies three

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