General Members News CSSF will launch its annual AML/CFT questionnaire for the year 2024
CSSF will launch its annual AML/CFT questionnaire for the year 2024
Tag: CSSF
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General Members News The CSSF adopts Clarence to develop artificial intelligence with full sovereignty.
The CSSF adopts Clarence to develop artificial intelligence with full sovereignty.
General Members News AKD: Alternative Investment Funds Industry – Quarterly Update April-June 2024
The European AIF market is one of the fastest growing in the financial sector. To help financial market participants to stay on top of current trends in the AIF space, the AKD Quarterly Update provides information on selected Luxembourg and Dutch legal, tax and regulatory matters within the AIF industry.
General Members News Elvinger Hoss Newsflash: New CSSF FAQ on CBDF – Guidance on Marketing Communications
New CSSF FAQ on CBDF – Guidance on Marketing Communications On 20 September 2022, the CSSF published a new CSSF FAQ on CBDF Marketing Communications (“CSSF FAQ”), the objective of which is to provide additional guidance to Luxembourg investment fund managers (“IFMs”) on certain key aspects of the marketing communication (“MC”) requirements under Article 4
General Members News Elvinger Hoss Newsflash: Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter
Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter Further to our newsflash of 29 July 2022 in connection with the CSSF’s communication of 27 July 2022 in relation to SFDR and the upcoming entry into force of the SFDR RTS on 1 January 2023, the CSSF issued a further communication on
General Members News Elvinger Hoss Newsflash: CSSF Circular 22/811 on UCI Administrators
CSSF Circular 22/811 on UCI Administrators On 16 May 2022, the CSSF issued Circular 22/811 concerning the authorisation and organisation of entities acting as UCI administrators (“Circular”), which rewrites and repeals Chapter D of IML Circular 91/75 setting out the rules concerning the central administration of Luxembourg undertakings for collective investment (“UCIs”). As announced
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
General Members News Elvinger Hoss Newsflash: UKRAINE CRISIS – CSSF FAQ on the application of LMTs by UCITS
UKRAINE CRISIS – CSSF FAQ on the application of LMTs by UCITS On 31 March 2022, the CSSF provided guidance with respect to the challenges faced by investment funds holding Russian and Belarussian assets that have become illiquid as a consequence of the Ukraine crisis as well as due to the restrictive measures taken by
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
General Members News Elvinger Hoss Newsflash: Updated CSSF FAQs
Updated CSSF FAQs on UCI Law and MMF Regulation: Change of regulatory practice concerning the holding of ancillary liquid assets by UCITS On 3 November 2021, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembourg law of 17 December 2010
General Members News The CSSF provides helpful guidance to the industry on the scope of loan originating activities that do not require a license as a professional of the financial sector
On 15 June 2021, the CSSF has informed the publication of the adaptation of its FAQ on the statuses of PFS with respect to the PFS status relating to the granting of loans to the public (Article 28-4 of the Law of 5 April 1993 on the financial sector (LFS)). The CSSF indicates in its
General Members News CSSF grants AIFM infrastructure sub-license to IQ-EQ in Luxembourg
IQ-EQ Fund Management (Luxembourg) S.A. is pleased to announce that it has been granted the alternative investment fund manager (AIFM) infrastructure sub-license by the Luxembourg regulator, Commission de Surveillance du Secteur Financier (CSSF). IQ-EQ Fund Management (Luxembourg) S.A., which forms part of the leading global investor services group IQ-EQ, was established in 2015 as a