Publication of Circulars CSSF 21/788, 21/789 and 21/790 concerning IFMs and UCIs

The CSSF published today three circulars whose aim is to improve the Risk-Based Supervision of the CSSF, both for prudential and AML/CFT purposes, concerning investment fund managers (IFMs) and undertakings for collective investment (UCIs). Circular CSSF 21/788 introduces a new CSSF AML/CFT external report to…
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Circular CSSF 22/792

Application of the Guidelines of the European Securities and Market Authority on Settlement Fails Reporting under Article 7 of CSDR (ESMA70-156-4717).

Warning concerning the activities of an entity named Fraud Protection Assosiation

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named “Fraud Protection Assosiation” which, on the website www.thefpa.net presents itself as an association for the protection against frauds and pretends to be established at 21 Rue Glesener, 1631…

Warning concerning the website www.kpxinternationalholdings.com

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.kpxinternationalholdings.com where an entity offers investment services by misusing the name and address of the company incorporated under Luxembourg law KPX International Holdings S.à r.l. The CSSF informs the public that…

EBA alerts on the detrimental impact of unwarranted de-risking and ineffective management of money laundering and terrorist financing risks

EBA communiqué
The European Banking Authority (EBA) published today its Opinion on the scale and impact of de-risking in the EU and the steps competent authorities should take to tackle unwarranted de-risking. Providing access to at least basic financial products and services is a prerequisite…

Circular CSSF 22/791

specifying the criteria to assess the exceptional cases when institutions exceed the large exposure limits of Article 395(1) of Regulation (EU) No 575/2013 and the time and measures to return to compliance pursuant to Article 396(3) of Regulation (EU) No 575/2013 (EBA/GL/2021/09)

Warning regarding fraudulent activities where the name of the payment institution Olky Payment Service Provider S.A. is being misused

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of unknown people misusing the name and address of the Luxembourg payment institution Olky Payment Service Provider S.A. These people contact without solicitation consumers and offer investment products. By doing so, they send emails…

Global situation of undertakings for collective investment at the end of November 2021

Press release 21/32
As at 30 November 2021, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 5,749.910 billion compared to EUR 5,718.484 billion as at 31 October 2021, i.e.…

ESRB recommendation on the use of the LEI for the identification of legal entities

On 24 September 2020, the ESRB issued a recommendation on the use of LEI codes for the identification of legal entities (see ESRB/2020/12). This recommendation aims at promoting the adoption and the use of LEI codes for all legal entities involved in financial transactions, especially…

Warning regarding the activities of an entity named Keller & Favre

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of an entity named “Keller & Favre” (website : www.kf-finance.net) which offers investment services and pretends to be established at 1 rue Val-Sainte-Croix, Luxembourg. The CSSF informs the public that the entity presenting itself on…

CSSF Regulation No 21-05 of 24 December 2021 (only in French)

on the setting of the countercyclical buffer rate for the first quarter of 2022

Regulation CSSF No 21-04 (only in French)

concerning systemically important institutions authorised in Luxembourg

Grand-ducal Regulation of 17 December 2021

relating to the fees to be levied by the Commission de Surveillance du Secteur Financier

Publication of Circulars CSSF 21/788, 21/789 and 21/790 concerning IFMs and UCIs

The CSSF published today three circulars whose aim is to improve the Risk-Based Supervision of the CSSF, both for prudential and AML/CFT purposes, concerning investment fund managers (IFMs) and undertakings for collective investment (UCIs). Circular CSSF 21/788 introduces a new CSSF AML/CFT external report to…

Circular CSSF 21/790 (only in French)

Practical rules concerning the self-assessment questionnaire to be submitted annually by Luxembourg undertakings for collective investment. The engagement of Luxembourg undertakings for collective investments’ approved statutory auditors and practical rules concerning the management letter and the separate report to be drawn up annually.

Circular CSSF 21/789 (only in French)

Practical rules concerning the self-assessment questionnaire to be submitted annually by investment fund managers. The engagement of investment fund managers’ approved statutory auditors and practical rules concerning the management letter and the separate report to be drawn up annually.

Circular CSSF 21/788

Guidelines for the Collective Investment Sector on the CSSF AML/CFT external report

FAQ regarding the AML/CFT Market Entry Form (Funds and IFMs)

This publication refers to a list of questions/answers (FAQ) in relation to the completion of the AML/CFT Market Entry Form (Funds and IFMs) in eDesk.

Warning regarding the activities of an entity named Latitude Escrow Services

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named “Latitude Escrow Services” (website: http://www.latitude-escrowservices.org/) which offers investment services and pretends to be established at Boulevard Royal, L-2449 Luxembourg. The CSSF informs the public that the entity…

Warning regarding the activities of an entity named International Registration and Transfer Group

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named “International Registration and Transfer Group” (website: http://www.irtg.org/)) which offers investment services and pretends to be established at Boulevard Royal, L-2449 Luxembourg. The CSSF informs the public that…

Circular CSSF 21/787

Application of the EBA Guidelines (EBA/GL/2021/03) on major incident reporting under PSD2

MMF Reporting dashboard - December 2020

This MMF Reporting Dashboard encompasses a first set of indicators based on the data reported under Article 37 of the MMF Regulation, with data as from Q1/2020 onwards.