Entities
Access the database
Panorama 2020
On the occasion of the publication of its annual report, the CSSF launched the website www.panorama-cssf.lu which summarises the 2020 highlights for the Luxembourg supervisory authority.
Read more
18 October 2021
Agreed-upon procedures’ conclusions on key IFRS 9 and credit risk related requirements
During 2021, the CSSF requested agreed-upon procedures to be performed by external auditors on key IFRS 9 and other credit risk related requirements.1 The agreed-upon procedures highlighted room for improvement on the following requirements: CIs must have an adequate governance at local level around the…
14 October 2021
Communiqué regarding the publication of Circular CSSF 21/785 on the replacement of the prior authorisation obligation by a prior notification obligation in the case of material IT outsourcing (only in French)
1. Conformément au point 8 de la circulaire CSSF 21/785, le présent communiqué définit les mesures transitoires concernant les demandes d’autorisation de sous-traitance informatique matérielle soumises à la CSSF avant la date d’entrée en vigueur de la circulaire CSSF 21/785. 2. Pour les entités surveillées ayant…
30 September 2021
Global situation of undertakings for collective investment at the end of August 2021
Press release 21/24
As at 31 August 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 5,647.437 billion compared to EUR 5,541.371 billion as at 31 July 2021, i.e.…
18 October 2021
- Communiqué
Agreed-upon procedures’ conclusions on key IFRS 9 and credit risk related requirements
During 2021, the CSSF requested agreed-upon procedures to be performed by external auditors on key IFRS 9 and other credit risk related requirements.1 The agreed-upon procedures highlighted room for improvement on the following requirements: CIs must have an adequate governance at local level around the…
18 October 2021
- Warning
Warning concerning the websites www.unioncorp.co.uk, www.uil-london.co.uk and https://account.unioncorp.co.uk/auth/register
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the websites www.unioncorp.co.uk, www.uil-london.co.uk and https://account.unioncorp.co.uk/auth/register where an entity offers investment services under the name “Union Investment Luxembourg” and pretends to be established at 3, Heienhaff, L-1736 Senningerberg. The CSSF informs the public…
Updated on
15 October 2021
- CSSF FAQ
FAQ: COVID-19
FAQ of 15 October 2021: Question 13 regarding banks’ distribution policies/remuneration is no longer applicable and is repealed
14 October 2021
- Communiqué
Communiqué regarding the publication of Circular CSSF 21/785 on the replacement of the prior authorisation obligation by a prior notification obligation in the case of material IT outsourcing (only in French)
1. Conformément au point 8 de la circulaire CSSF 21/785, le présent communiqué définit les mesures transitoires concernant les demandes d’autorisation de sous-traitance informatique matérielle soumises à la CSSF avant la date d’entrée en vigueur de la circulaire CSSF 21/785. 2. Pour les entités surveillées ayant…
14 October 2021
- Circular CSSF
Circular CSSF 21/785 (only in French)
Replacement of the prior authorisation obligation by a prior notification obligation in the case of material IT outsourcing
6 October 2021
- Warning
Warning concerning the website www.ib-finance.lu and unknown persons presenting themselves using the name « IB Finance »
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.ib-finance.lu and of unknown persons who offer financing services presenting themselves using the name « IB Finance ». In doing so, they misuse the address of the company IB Finance governed…
6 October 2021
- Warning
Warning regarding the activities of an entity named "INFINITRADE" or "Company Universal s.r.o. (INFINITRADE)"
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of an entity named “INFINITRADE” or “Company Universal s.r.o. (INFINITRADE)” presenting itself as a platform offering investment services. In doing so, it issues documents misusing the name, logo and address of the Luxembourg public-law…
1 October 2021
- Circular CSSF
Circular CSSF 21/784
Periodic prudential reporting of investment firms
1 October 2021
- CSSF Regulation
CSSF Regulation No 21-03 of 30 September 2021
on the setting of the countercyclical buffer rate for the fourth quarter of 2021
1 October 2021
- Communiqué
The CSSF publishes Circular CSSF 21/784 on the periodic prudential reporting of investment firms
Following the Communiqué of 2 September 2021 regarding the entry into force of the new regulatory provisions applicable to investment firms, the CSSF publishes Circular CSSF 21/784 on new reporting requirements applicable to investment firms. This circular introduces the “Reporting Handbook for Investment Firms“, the…
30 September 2021
- Press release
Global situation of undertakings for collective investment at the end of August 2021
Press release 21/24
As at 31 August 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 5,647.437 billion compared to EUR 5,541.371 billion as at 31 July 2021, i.e.…
30 September 2021
- Circular CSSF
Circular CSSF 21/783
Application of the Guidelines of the European Securities and Market Authority on the MiFID II/MiFIR obligations on market data
29 September 2021
- Warning
Warning concerning the website www.db-omega.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.db-omega.com where an entity offers investment services pretending to be established at 14, rue Edward Steichen in Luxembourg and to be regulated by the Commission de Surveillance du Secteur Financier. The…
28 September 2021
- Circular CSSF
Circular CSSF-CPDI 21/27
Survey on the amount of covered deposits held on 30 September 2021
27 September 2021
- Press release
Profit and loss account of credit institutions as at 30 June 2021
Press release 21/23
Profit before provisions and taxes of the Luxembourg banking sector1 amounts to EUR 2,772 million for the first half of 2021, i.e. an increase of 12.1% compared to the same period of the previous year. This growth is due to non-recurring effects.…
24 September 2021
- Circular CSSF
Circular CSSF 21/782
Adoption of the revised guidelines, by EBA, on money laundering and terrorist financing risk factors
24 September 2021
- Warning
Warning concerning the website www.demergon-fund.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.demergon-fund.com through which an entity offers investment services under the name Demergon Fund. The CSSF would like to point out that the Luxembourg company Demergon Funds, which is duly authorised in…
23 September 2021
- Circular CSSF
Circular CSSF-CODERES 21/13
Single Resolution Fund – Information request by the Single Resolution Board for the calculation of the 2022 ex-ante contribution according to Articles 4 and 14 of the Commission Delegated Regulation (EU) 2015/63
23 September 2021
- Circular CSSF
Circular CSSF 21/781
Mandatory use of the IMAS Portal for banking qualifying holding and passporting notifications
22 September 2021
- Communiqué
Investment Fund Managers are invited to declare via a new dedicated eDesk application the performance fee models applicable to Luxembourg UCITS or AIF they manage
In November 2020, the European Securities and Markets Authority (“ESMA”) published its guidelines on performance fees applicable to UCITS and certain types of AIFs (the “Guidelines”). The Guidelines aim to promote greater convergence and standardisation in the field of performance fees. In particular, they aim…
22 September 2021
- Warning
Warning concerning the website www.lfeeuam.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.lfeeuam.com where an entity offers investment services under the name LFE European Asset Management S.à r.l., while pretending to be established at 26A, boulevard Royal, L-2449 Luxembourg and to be registered…
21 September 2021
- Press release
Reappointment of Jean-Pierre Faber as CSSF Director
HRH Grand Duke Henri decided, on the proposal of the Government in Council, to renew the mandate of Jean-Pierre Faber as Director of the CSSF for a period of 5 years. Jean-Pierre Faber began his career at the consulting firm Arthur Andersen, before joining Ernst…