Circulars

Circular CSSF 17/673 (only in French)

15.11.2017: Adoption of the EBA Guidelines on disclosure requirements under Part Eight of Regulation (EU) No 575/2013 (EBA/GL/2016/11)


Circular CSSF 17/671 (only in French)

13.10.2017: Specifications regarding CSSF Regulation N° 16-07 of 26 October 2016 relating to out-of-court complaint resolution


Circular CSSF 17/670 (only in French)

13.10.2017: ESMA Guidelines for the assessment of knowledge and competence in the framework of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU ("MiFID II") - criteria regarding external training on knowledge and competence


Circular CSSF 17/669 (only in French)

28.09.2017: Adoption by ESMA, EBA and EIOPA of the joint guidelines on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector (JC/GL/2016/01 of 20 December 2016) and repeal of the circular CSSF 09/392


Circular CSSF 17/668

22.08.2017: ESMA Guidelines on calibration of circuit breakers and publication of trading halts under Directive 2014/65/EU (MiFID II) and details on reporting of circuit breakers' parameters


Circular CSSF 17/665

31.07.2017: ESMA Guidelines for the assessment of knowledge and competence


Circular CSSF 17/658 (only in French)

16.06.2017: Adoption of the EBA Guidelines on sound remuneration policies under Articles 74(3) and 75(2) of Directive 2013/36/EU and disclosures under Article 450 of Regulation (EU) No 575/2013 (EBA/GL/2015/22) and repeal of Circular CSSF 10/496More


Circular CSSF 17/657

17.05.2017: Update of Circular CSSF 06/240 on the administrative and accounting organisation; IT outsourcing and details regarding services provided under the status of support PFS, Articles 29-1, 29-2, 29-3, 29-4, 29-5 and 29-6 of the Law of 5 April 1993 on the financial sector as amended; amendment of IT outsourcing conditions for branches located abroad


Circular CSSF 17/655

17.05.2017: Update of Circular CSSF 12/552 on the central administration, internal governance and risk management


Circular CSSF 17/654

17.05.2017: IT outsourcing relying on a cloud computing infrastructure


Circular CSSF-CPDI 17/07

19.04.2017: Survey on covered claims in connection with investment business


Circular CSSF 17/651 (only in French)

22.02.2017: Law of 23 December 2016 1. transposing Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010; and 2. amending the Consumer Code (hereinafter, "Law of 23 December 2016")


Circular CSSF 17/650

17.02.2017: Application of the Law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended (hereinafter "AML/CFT Law") and of the Grand-ducal Regulation of 1 February 2010 providing details on certain provisions of the AML/CFT Law ("AML/CFT GDR") to predicate tax offences


Circular CSSF 17/649

09.02.2017: Adoption of the guidelines issued by the European Banking Athority (EBA) on the provision of information in summary or collective form for the purposes of Article 84(3) of Directive 2014/59/EU ("Banking Recovery and Resolution Directive", "BRRD" for short), (EBA/GL/2016/03)


Circular CSSF-CODERES 17/03

09.02.2017: Adoption of the guidelines issued by the European Banking Authority (EBA) on the provision of information in summary or collective form for the purposes of Article 84(3) of Directive 2014/59/EU ("Banking Recovery and Resolution Directive", "BRRD" for short), (EBA/GL/2016/03)


Circular CSSF 16/647

22.12.2016: Update of Circular CSSF 12/552 on the central administration, internal governance and risk management following the adoption of the EBA Guidelines relating to the limits on exposures to shadow banking entities which carry out banking activities outside a regulated framework under Article 395(2) of Regulation No 575/2013 (EBA/GL/2015/20)


Circular CSSF-CPDI 16/03

18.10.2016: Survey on covered claims in connection with investment business


Circular CSSF-CPDI 16/02

18.10.2016: Scope of the deposit guarantee and the investor compensation


Circular CSSF 16/642

05.08.2016: Update of Circular CSSF 08/338 regarding the implementation of a stress test in order to assess the interest rate risk arising from non-trading book activities and of Circular CSSF 12/552 on the central administration, internal governance and risk management following the adoption of the guidelines of the European Banking Authority (EBA) on the management of interest rate risk arising from non-trading activities (EBA/GL/2015/08)


Circular CSSF 16/641

05.08.2016: Update of Circular CSSF 15/629 relating to supplementary supervision to be applied to financial conglomerates and definition of structure coefficients to be observed by the regulated entities belonging to these financial conglomerates pursuant to Article 56 of the law of 5 April 1993 on the financial sector, as amended


Circular CSSF 16/638 (only in French)

22.06.2016: Update of Circular CSSF 08/349 relating to details regarding the information to be notified with respect to major holdings in accordance with the law of 11 January 2008 on transparency requirements for issuers of securities


Circular CSSF 16/637 (only in French)

22.06.2016: Update of Circular CSSF 08/337 on the entry into force of the law of 11 January 2008 and of the Grand-ducal Regulation of 11 January 2008 on transparency requirements for issuers of securities


Circular CSSF 16/635

31.03.2016 : Update of Circular CSSF 12/539 on the technical specifications regarding the submission to the CSSF of documents under the law on prospectuses for securities and general overview of the aforementioned law as amended by Circular CSSF 15/632


Circular CSSF 15/632

28.12.2015: Update of Circular CSSF 12/539 on the technical specifications regarding the submission to the CSSF of documents under the law on prospectuses for securities and general overview of the aforementioned law


Circular CSSF 15/631 (only in French)

28.12.2015: Dormant or inactive accounts


Circular CSSF 15/629 (as amended by Circular CSSF 16/641)

10.12.2015: Supplementary supervision to be applied to financial conglomerates and definition of structure coefficients to be observed by the regulated entities belonging to these financial conglomerates pursuant to Article 56 of the law of 5 April 1993 on the financial sector, as amended


Circular CSSF 15/622

21.10.2015: Higher ratio notification procedure applicable to remuneration policy according to Article 94(1)(g)(ii) of Directive 2013/36/EU (“CRD IV”) following its transposition into Luxembourg law via Article 19(7°)(g) of the law of 23 July 2015 (the “Law”)


Circular CSSF 15/620

06.10.2015: Transposition into Luxembourg law of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (hereinafter "CRD IV")


Circular CSSF 15/618

22.07.2015: Transposition of the EBA guidelines on materiality, proprietary and confidentiality and on disclosure frequency under Articles 432(1), 432(2) and 433 of Regulation (EU) No. 575/2013


Circular CSSF 15/615

11.06.2015: ESMA guidelines on the application of the definitions of commodity derivatives in Sections C6 and C7 of Annex I of Directive 2004/39/EC (MiFID)


Circular CSSF 15/611

16.04.2015: Managing the risks related to the outsourcing of systems that allow the compilation, distribution and consultation of management board/strategic documents


Circular CSSF 15/609

27.03.2015: Developments in automatic exchange of tax information and anti-money laundering in tax matters


Circular CSSF 15/606

23.02.2015: Clarifications for investment firms in the framework of the transposition into Luxembourg law of Directive 2013/36/EU ("CRD IV") and of the entry into force of Regulation (EU) No 575/2013 ("CRR")


Circular CSSF 15/600

07.01.2015: Transposition of the Guidelines of the European Banking Authority (EBA) on significant credit risk transfer for traditional and synthetic securitations relating to Articles 243 and 244 of Regulation 575/2013


Circular CSSF 14/597

24.11.2014: Update of Circular CSSF 12/552 on the central administration, internal governance and risk management


Circular CSSF 14/594

30.10.2014: Transposition of the EBA guidelines on the applicable national discount rate for variable remuneration


Circular CSSF 14/592

30.09.14: Guidelines of the European Securities and Markets Authority (ESMA) on ETFs and other UCITS issues


Circular CSSF 14/585

25.02.2014: Transposition of the European Securities Markets Authority's (ESMA) guidelines on remuneration policies and practices (MiFID) - Addition of Annexe V to Circular CSSF 07/307


Circular CSSF 14/583

11.02.2014: Entry into force of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012


Circular CSSF 14/582

31.01.2014: Processing of deposits of retail customers for the purpose of the new liquidity reporting


Circular CSSF 13/577

03.12.2013: Introduction of table EI "Responsible persons for certain functions and activities"


Circular CSSF 13/575

18.11.2013: Supervisory reporting requirements applicable to investment firms as from 2014


Circular CSSF 13/574

28.10.2013: Management of concentration risk


Circular CSSF 13/572

04.09.2013: - Determination of stressed value at risk ("sVaR")
- Determination of incremental default and migration risk charge ("IRC")


Circular CSSF 13/571

19.08.2013: Details regarding the scope of the annual long form audit report pursuant to Circular CSSF 03/113 following the entry into force on 1 July 2013 of Circular CSSF 12/552 on central administration, internal governance and risk management


Circular CSSF 13/568

28.06.2013: Entry into force on 1 July 2013 of Circular CSSF 12/552 on central administration, internal governance and risk management: update of the references in IML/CSSF circulars and details regarding the scope of the annual long form audit report pursuant to Circular CSSF 01/27


Circular CSSF 13/565

17.04.2013: Amendment to Circular CSSF 12/548 transposing the guidelines of the European Securities and Markets Authority (ESMA) on the exemption for market making activities and primary market operations


Circular CSSF 13/563

19.03.2013: Update of Circular CSSF 12/552 on the central administration, internal governance and risk management


Circular CSSF 13/560

19.02.2013: Addition of an Annex IV to Circular CSSF 07/307, transposing the guidelines of the European Securities and Markets Authority (ESMA) concerning Chapter 6 - Suitability test - of Circular CSSF 07/307


Circular CSSF 13/559

18.02.2013: ESMA guidelines on ETFs and other UCITS issues


Circular CSSF 13/557

23.01.2013: Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories


Circular letter relating to the entry into force of the law of 21 December 2012 relating to the Family Office activity


Circular CSSF 13/554

07.01.2013: Evolution of the usage and control of the tools for managing information technology resources and the management access to these resources


Circular CSSF 12/552 (as amended by Circulars CSSF 13/563, 14/597, 16/642, 16/647 and 17/655)

11.12.2012: Central administration, internal governance and risk management


Prudential approval process for holders of key functions in credit institutions and investment firms


Questions and answers on Circular CSSF 12/552


Salient elements concerning Circular CSSF 12/552


Circular CSSF 12/549

09.11.12: Technical specifications regarding the submission to the CSSF of documents under the law on prospectuses for securities for offers to the public of units or shares of Luxembourg closed-end undertakings for collective investment and/or admissions of units or shares of Luxembourg closed-end undertakings for collective investment to trading on a regulated market.


Circular CSSF 12/548 (as amended by Circular CSSF 13/565)

31.10.2012: Entry into force of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps and details on certain practical aspects of notification, disclosure and exemption procedures


Circular CSSF 12/545 (only in French)

01.10.2012: Entry into force of the law of 21 July 2012 on mandatory squeeze-out and sell-out of securities of companies currently admitted or previously admitted to trading on a regulated market or having been offered to the public


Circular CSSF 12/542

17.07.2012: Amendment to Circular CSSF 08/337 concerning the entry into force of the law of 11 January 2008 and of the Grand-ducal regulation of 11 January 2008 on transparency requirements for issuers of securities


Circular CSSF 12/539 (as amended by Circulars CSSF 15/632 and CSSF 16/635)

06.07.2012: Technical specifications regarding the submission to the CSSF of documents under the law on prospectuses for securities and general overview of the aforementioned law


Circular CSSF 12/538

29.06.2012: Lending in foreign currencies


Circular CSSF 12/536

27.03.2012: Guidelines of the European Securities and Markets Authority (ESMA) on systems and controls in an automated trading environment


Circular CSSF 12/535

06.03.2012: Changes to advanced measurement approaches (AMA) for operational risks


Circular CSSF 11/515

14.06.2011: Entry into force of the law of 28 April 2011


Circular CSSF 11/509

15.04.2011: New notification procedures to be followed by a UCITS governed by Luxembourg law wishing to market its units in another Member State of the European Union and by a UCITS of another Member State of the European Union wishing to market its units in LuxembourgMore


Circular CSSF 11/506

11.03.2011: Principles of a sound stress testing programme


Circular CSSF 11/505

11.03.2011: Details relating to the application of the principle of proportionality when establishing and applying remuneration policies that are consistent with sound and effective risk management as laid down in Circulars CSSF 10/496 and CSSF 10/497 ("CRD III Circulars"), transposing Directive 2010/76/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies ("CRD III"). More


Circular CSSF 11/504

11.03.2011: Frauds and incidents due to external computer attacks


Circular CSSF 11/503

03.03.2011: Reminder on the obligations applicable to the transmission and publication of financial information and relating deadlines


Circular CSSF 11/501

28.02.2011: Amendments to Annexe 1 of Circulars CSSF 06/273 and CSSF 07/290, as amended, defining capital ratios pursuant to article 56 of the amended law of 5 April 1993 on the financial sector


Circular CSSF 11/498

10.01.2011: - Entry into force of the law of 17 December 2010 relating to undertakings for collective investment and CSSF Regulations No 10-04 and No 10-05 on implementing measures
- Commission Regulations (EU) No 583/2010 and No 584/2010 of 1 July 2010 implementing Directive 2009/65/EC
- Guidelines and other documents drawn up by the Committee of European Securities Regulators (CESR)
More


Circular CSSF 10/497 (only in French)

22.12.2010: Amendments to Circular CSSF 07/290 defining capital ratios pursuant to article 56 of the amended law of 5 April 1993 on the financial sector, as amended:
Transposition of Directive 2010/76/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies


Circular CSSF 10/494

8.12.2010: Implementation of Annex VI, Part 1, point 15 of amended Directive 2006/48/EC as transposed by Part VII, Chapter 2, point 19 of Circulars CSSF 06/273 and CSSF 07/290


Circular CSSF 10/483 (only in French)

25.08.2010: Amendments to Circular CSSF 07/290, as amended, defining capital ratios pursuant to Article 56 of the amended law of 5 April 1993 on the financial sector:
1. Transposition of Directives 2009/27/EC, 2009/83/EC and 2009/111/EC
2. Other amendments to Circular CSSF 07/290, as amended


Circular CSSF 10/457

10.05.2010: Electronic transmission to the CSSF
- of the long-form report defined in Circular CSSF 01/27 on the practical rules concerning the role of the réviseurs d'entreprises (statutory auditors) and Circular CSSF 03/113 on the practical rules concerning the mission of réviseurs d'entreprises (statutory auditors) of investment firms, and
- of the management letter


Circular CSSF 10/456

05.05.2010: Cooperation between the professionals of the financial sector and the judicial authorities


Circular CSSF 10/451

16.04.2010: Amendment to Circular CSSF 07/290 (on reporting of large exposures and on the capital floors provided for in items 3, 4, 7 and 8 of Part XX)


Circular CSSF 10/446

26.03.2010: Change regarding the communication of circulars issued by the CSSF for the entities under its supervision


Circular CSSF 10/442

10.03.2010: Notification procedure concerning the exercise of activities in another Member State by a credit institution or an investment firm incorporated under Luxembourg law
Amendment of Circular CSSF 07/326 "Provisions relating to Luxembourg incorporated credit institutions and investment firms established in another Member State by way of branches or exercising their activities in another Member State by free provision of services"


Circular CSSF 10/437

01.02.2010: Guidelines concerning the remuneration policies in the financial sector


Circular CSSF 10/433

15.01.2010: Amendment of Circular CSSF 05/187 regarding the table "Off-balance sheet commitments" (table III.1.)


Circular CSSF 09/423

02.12.2009: Electronic transmission to the CSSF of long form reports and management letters


Circular CSSF 09/420

12.11.2009: Entry into force of the law of 10 November 2009 on payment services


Circular CSSF 09/403

28.05.2009: Sound liquidity risk management, amendments to Circular CSSF 07/301


Circular CSSF 08/380

26.11.2008: Guidelines of the Committee of European Securities Regulators (CESR) concerning eligible assets for investment by UCITSMore


Circular CSSF 08/377

11.11.2008: Emergency measures taken in accounting in order to mitigate the consequences of the recent turbulence in financial markets


Circular CSSF 08/372

05.09.2008: Guidelines for depositaries of specialised investment funds adopting alternative investment strategies, where those funds use the services of a prime brokerMore


Circular CSSF 08/371

05.09.2008: Electronic transmission of prospectuses and financial reports of UCIs and SIFs to the CSSFMore


Circular CSSF 08/369

31.07.2008: Electronic transmission of "Statistical ad-hoc information" (tables II.1. - II.22.) to be submitted to the CSSF by the "other professionals of the financial sector" (PFS)
Change of the ad-hoc statistics’ periodicity and adaptation of the transmission method of the PFS’ prudential reporting


Circular CSSF 08/365

23.07.2008: Additional specifications relating to the requirement to report transactions in financial instruments in accordance with article 28 of the law of 13 July 2007 on markets in financial instruments


Circular CSSF 08/364

22.07.2008: Financial information to be submitted to the CSSF on a quarterly basis by "the other professionals of the financial sector" (PFS) performing a support PFS activity


Circular CSSF 08/359

27.06.2008: Minimum quality standards to be complied with by an officially appointed mechanism for the central storage of regulated information (OAM)


Circular CSSF 08/356

04.06.2008: Rules applicable to undertakings for collective investment when they employ certain techniques and instruments relating to transferable securities and money market instrumentsMore


Circular CSSF 08/350 (as amended by Circular CSSF 13/568)

22.04.2008: Details relating to the amendments introduced by the law of 13 July 2007 on markets in financial instruments to the PFS statuses referred to in articles 29-1, 29-2, 29-3 or 29-4 and designated "support PFS"; Amendment to the prudential supervisory procedures for support PFS


Circular CSSF 08/349 (as amended by Circular CSSF 16/638)(only in French)

21.04.2008: Details regarding the information to be notified with respect to major holdings in accordance with the law of 11 January 2008 on transparency requirements for issuers of securities


Circular CSSF 08/344 (being updated)

12.03.2008: Provisions relating to the transmission of reporting files to the CSSF


Circular CSSF 08/339

19.02.2008: Guidelines of the Committee of European Securities Regulators (CESR) concerning eligible assets for investment by UCITSMore


Circular CSSF 08/338 (as amended by Circular CSSF 16/642)

19.02.2008: Implementation of a stress test in order to assess the interest rate risk arising from non-trading book activitiesMore


Circular CSSF 08/337 (as amended by Circulars CSSF 12/542 and CSSF 16/637)(only in French)

06.02.2008: Entry into force of the law of 11 January 2008 and of the Grand-ducal regulation of 11 January 2008 on transparency requirements for issuers of securities


Circular CSSF 08/334

04.01.2008: Encryption specifications for reporting firms


Circular CSSF 07/326 (as amended by Circulars CSSF 10/442 and CSSF 13/568)

19.11.2007: Provisions relating to Luxembourg incorporated credit institutions and investment firms established in another Member State by way of branches or exercising their activities in another Member State by free provision of services


Circular CSSF 07/325

19.11.2007: Provisions relating to credit institutions and investment firms of EU origin established in Luxembourg by way of branches or exercising activities in Luxembourg by way of free provision of services


Circular CSSF 07/307 (as amended by Circulars CSSF 13/560, CSSF 13/568 and 14/585)

31.07.2007: MiFID: Conduct of business rules in the financial sectorMore


Circular CSSF 07/306

27.07.2007: Technical arrangements relating to the requirement to report transactions in financial instruments in accordance with article 28 of the law of 13 July 2007 on markets in financial instruments


Circular CSSF 07/305

27.07.2007: Law of 13 July 2007 on markets in financial instruments published in Mémorial A No. 116 of 16 July 2007


Circular CSSF 07/302

17.07.2007: Details on the requirement to report transactions in financial instruments in accordance with article 28 of the law of 13 July 2007 on markets in financial instruments


Circular CSSF 07/301 (as amended by Circulars CSSF 08/338, 09/403, 11/506 and 13/568)

17.07.2007: Implementation of the Internal Capital Adequacy Assessment Process (ICAAP)


Circular CSSF 07/290 (as amended by Circulars CSSF 10/451, 10/483, 10/497 and 13/568) (only in French)(being updated)

03.05.2007: Definition of capital ratios pursuant to article 56 of the amended law of 5 April 1993 on the financial sector (application to investment firms and management companies subject to chapter 13 of the law of 20 December 2002 as amended)More


Circular CSSF 07/283

28.02.2007: Entry into force of the law of 13 February 2007 relating to specialised investment fundsMore


Circular CSSF 07/281

27.02.2007: Entry into force of the law of 18 December 2006 concerning the distance marketing of financial services


Circular CSSF 07/277

09.01.2007 : New notification procedure in line with the guidelines of the Committee of European Securities Regulators (CESR) regarding the simplification of the UCITS notification procedureMore


Circular CSSF 06/260 (only in French)

27.09.2006: Implementation, validation and assessment of the internal ratings-based approach (IRB approach) and the advanced measurement approaches (AMA) within the framework of the new capital adequacy rules


Circular CSSF 06/258

18.08.2006: Coming into force of the law of 19 May 2006 on the implementation of Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids


Circular CSSF 06/240 (as amended by Circulars CSSF 13/568 and CSSF 17/657)

22.03.2006: Administrative and accounting organisation; IT outsourcing and details regarding services provided under the status of support PFS, Articles 29-1, 29-2, 29-3, 29-4, 29-5 and 29-6 of the Law of 5 April 1993 on the financial sector as amended


Circular CSSF 05/225

16.12.2005: The notion “offer to the public of securities” as defined in the law on prospectuses for securities and the “obligation to publish a prospectus” that may ensue


Circular CSSF 05/210

10.10.2005: Drawing-up of a simplified prospectus within the scope of Chapter 1 of Part III of the law on prospectuses for securities


Circular CSSF 05/201

29.07.2005: Entry into force of the law of 13 July 2005 on institutions for occupational retirement provision in the form of pension savings companies with variable capital (SEPCAVs) and pension savings associations (ASSEPs)


Circular CSSF 05/187 (completed by Circular CSSF 10/433)

26.05.2005: Financial information to be submitted to the CSSF by the “other professionals of the financial sector” (PFS) on a periodic basis


Circular CSSF 05/186

25.05.2005: Guidelines of the Committee of European Securities Regulators (CESR) regarding the application of transitional measures resulting from Directives 2001/107/EC and 2001/108/EC (UCITS III) amending Directive 85/611/EEC (UCITS I)


Circular CSSF 05/177

06.04.2005: Abolition of any prior control by the CSSF of advertising material used by persons and companies supervised by the CSSF; abrogation of point II. of Chapter L. of IML circular 91/75; abrogation of the two last sentences of point IV. 5.11 of CSSF circular 2000/15


Circular CSSF 04/146

17.06.2004: Protection of undertakings for collective investment and their investors against Late Trading and Market Timing practicesMore


Circular CSSF 04/132

24.03.2004: Repeal of circular CAB 91/3


Circular CSSF 03/113 (only in French)

21.10.2003: Practical rules concerning the mission of external auditors of investment firms


Circular CSSF 03/97

28.02.2003: Publication in the electronic reference database of the financial centre (“référentiel de la place”) of the simplified and full prospectuses as well as the annual and half-yearly reports by undertakings for collective investmentMore


Circular CSSF 03/88

22.01.2003: Classification of the undertakings for collective investment governed by the provisions of the Law of 20 December 2002 concerning undertakings for collective investment


Circular CSSF 03/87

21.01.2003: Coming into effect of the Law of 20 December 2002 regarding undertakings for collective investment


Circular CSSF 02/80

05.12.2002: Specific rules applicable to Luxembourg undertakings for collective investment (UCIs) pursuing alternative investment strategiesMore


Circular CSSF 02/77

27.11.2002: Protection of investors in case of NAV calculation error and correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment


Circular CSSF 02/71

01.10.2002: Law of 3 September 1996 concerning the involuntary dispossession of bearer securities


Circular CSSF 02/65

08.07.2002: Law of 31 May 1999 governing the domiciliation of companies; precisions as regards the concept of “seat” ("siège")


Circular CSSF 01/47

21.12.2001: Professional obligations of domiciliation agents of companies and general recommendations; Amendment to Circular CSSF 01/28


Circular CSSF 01/34

24.09.2001: Entry into force of a series of laws concerning the financial sector


Circular CSSF 01/29

07.06.2001: Minimum content required for an agreement on the domiciliation of companies


Circular CSSF 01/28

06.06.2001: Verification by banks and PFS that the legal requirements on domiciliation are satisfied


Circular CSSF 00/22 (only in French)

20.12.2000: Supervision of investment firms on a consolidated basis carried out by the CSSF


Circular CSSF 00/18

20.10.2000: Bank accounts of the State of Luxembourg


Circular CSSF 00/17

13.09.2000: Entry into force of the law of 27 July 2000 bringing into force the provisions of Directive 97/9/EC concerning investor compensation schemes under the amended law of 5 April 1993 on the financial sector


Circular CSSF 00/14

27.07.2000: Adoption of the law of 17 July 2000 amending certain provisions of the law of 30 March 1988 on undertakings for collective investment


Circular CSSF 99/4

29.07.1999: Entry into force of the law of 8 June 1999 creating pension funds in the form of pension savings companies with variable capital (sepcav) and pension savings associations (assep)


Circular CSSF 99/2

20.05.1999 : Entry into force of three new laws dated 29 April 1999


Circular CSSF 99/1

12.01.1999: on the establishment of the Commission de Surveillance du Secteur Financier


Circular IML 96/124

10.01.1996: Staff numbers (new table S 2.9. for PFS)


Circular IML 93/102 (only in French)

15.10.1993: Rules concerning the organisation and internal control of the activities of brokers or commission agents exercised by other financial sector professionals


Circular IML 93/95 (only in French)

04.05.1993: Entry into force for the other professionals of the financial sector of the law of 5 April 1993 on the financial sector


Circular IML 91/80 (only in French)

05.12.1991: Staff numbers


Circular IML 91/78 (only in French)

17.09.1991: Terms of application of Article 60 of the amended law of 27 November 1984 regulating private portfolio managers


Circular IML 91/75 (as amended by Circular CSSF 05/177)

21.01.1991: Revision and remodelling of the rules to which Luxembourg undertakings governed by the Law of 30 March 1988 on undertakings for collective investment ("UCI") are subjectMore