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on the applicability of the Digital Operational Resililience Act (DORA) to third-country branches in Luxembourg
As of 17 January 2025, the provisions of the Digital Operational Resilience Act1 (“DORA”) are applicable to the financial entities as defined in DORA and supervised by the CSSF. On 17 December 2025, the European Commission confirmed, via an official DORA Q&A2, that DORA is…
We raise awareness about a survey launched by AMLA, which is open until 15 September 2026 regarding the current framework for Central Contact Points. The professionals concerned are Electronic Money Institutions (“EMIs”) and Payment Services Providers (“PSPs”). They are invited to share, on a voluntary…
Press release 26/16
As at 30 June 2026, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 6,731.325 billion compared to EUR 6,634.393 billion as at 31 May 2026, i.e.…
La CSSF souhaite attirer l’attention sur les publications suivantes récentes de la Commission des normes comptables (CNC) : Questions / Réponses CNC 26/038 (« Q&A CNC 26/038 ») intitulé « Grandes associations, associations reconnues d’utilité publique et fondations : clarifications ciblées sur le nouveau régime comptable…
Following the publication of the Law of 5 May 2026 (hereinafter the “Law”), amending the Law of 5 April 1993 (“LFS”) and transposing Directive (EU) 2024/1619 (“CRD VI”), the Law introduces new obligations regarding material operations planned by credit institutions or (mixed) financial holding companies…
The Law of 3 March 2026 has been adopted to transpose Directive (EU) 2024/927 of the European Parliament and of the Council of 13 March 2024 into Luxembourg laws. In this context, additional activities and/or functions and/or services have been introduced for UCITS management companies…