WebApr 12, 2024 · Background. European regulators have begun reviewing documentation and other information in connection with implementation of the EU’s Sustainable Finance Disclosure Regulation (SFDR) 1 and the Taxonomy Regulation (RTS). 2 On 27 July 2024, Luxembourg’s financial markets supervisory authority, the Commission de surveillance … WebMay 26, 2024 · Under Luxembourg law, the regulatory principles of central administration and internal governance in the financial sector are laid down in a very high-level fashion in the Financial Sector Act 1993. In Circular CSSF 12/552 on the central administration, internal governance and risk management applicable to credit institutions and investment ...
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WebJan 1, 2012 · relating to the financial sector The Law of 28 April 2011 facilitates the permission process under the Law of 5 April 1993 on the financial sector. The permission for changes in the corporate object, designation or legal form of a bank or a financial sector professional (FSP) may be directly granted by the CSSF instead of the Minister. WebMar 5, 2024 · CSSF details areas for improvement in AML/CFT controls in Luxembourg. At a conference on December 3, 2024, Luxembourg’s Financial Sector Supervisory Authority (CSSF) has underlined to members of the country’s investment fund industry the need for improvement in aspects of controls designed to curb money laundering and the financing … dewalt thicknesser australia
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WebMay 25, 2024 · On 16 May 2024 the Commission de Surveillance du Secteur Financier (CSSF) published a new circular regarding the evolution of the UCI administration. ... Chapter 1 of the law of 5 April 1993 on the financial sector (the “1993 Law”), or Luxembourg branches of credit institutions governed by foreign law that are authorised … WebJul 26, 2024 · News. CSSF clarifies MiFID application to Luxembourg investment fund managers. On 10 June 2024, the Luxembourg Financial Sector Supervisory Authority (the CSSF) has issued new versions of (i) its frequently asked questions ( FAQs) relating to the Law of 17 December 2010 on undertakings for collective investment (the 2010 Law) and … WebOct 22, 2024 · In view of the evolution of financial markets, the CSSF decided to end the reporting at the end of July 2024. Therefore, the last questionnaire to be submitted to the … dewalt thicknesser accessories