Entities
Access the database
CSSF’s communications and initiatives in the COVID-19 context
Faced with the coronavirus crisis, the CSSF continues its missions of prudential supervision and accompanies professionals of the financial sector. All CSSF communications intended for the supervised entities in this context are accessible here.
Since the beginning of the COVID-19 crisis, the CSSF has made…
Read more
Since the beginning of the COVID-19 crisis, the CSSF has made…
23 February 2021
Simplification of the submission process for a new sub-fund via a new questionnaire
Press release 21/05
The CSSF hereby informs you that the request for approval of a new sub-fund under an existing fund structure must be transmitted via one single new questionnaire. This specific application questionnaire will further standardise the information necessary for the examination of the…
22 February 2021
Communication regarding the regulatory reporting format applicable to investment firms under the Regulation IFR
Within the framework of the transposition in national law of Directive (EU) 2019/2034 of the European Parliament and of the Council of 27 November 2019 on the prudential supervision of investment firms and amending Directives 2002/87/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU, 2014/59/EU and 2014/65/EU (hereafter “IFD”) and…
16 December 2020
Communication on regulatory requirements and fast track procedure in relation to Regulation (EU) 2019/2088 on the sustainability-related disclosures in the financial services sector
Regulation (EU) 2019/2088 of 27 November 2019 on sustainability-related disclosures in the financial services sector (“SFDR”) requires investment fund managers of undertakings for collective investment in transferable securities and alternative investment funds to comply with harmonised rules on transparency with regard to sustainability risks and…
23 February 2021
- Press release
Simplification of the submission process for a new sub-fund via a new questionnaire
Press release 21/05
The CSSF hereby informs you that the request for approval of a new sub-fund under an existing fund structure must be transmitted via one single new questionnaire. This specific application questionnaire will further standardise the information necessary for the examination of the…
22 February 2021
- Communiqué
Communication regarding the regulatory reporting format applicable to investment firms under the Regulation IFR
Within the framework of the transposition in national law of Directive (EU) 2019/2034 of the European Parliament and of the Council of 27 November 2019 on the prudential supervision of investment firms and amending Directives 2002/87/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU, 2014/59/EU and 2014/65/EU (hereafter “IFD”) and…
22 February 2021
- Warning
Warning concerning the website www.luxfingroup.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.luxfingroup.com, where an entity, which pretends to be established at 10a, Rue du Château d’Eau, Leudelange, 3364 Luxembourg, offers investment services under the name Luxembourg Financial Group. The CSSF informs the…
19 February 2021
- Warning
Warning concerning the website www.oceangroupcapital.co.uk
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.oceangroupcapital.co.uk, where an entity offers investment services and pretends to be established at 30 Boulevard Royal, L-2449 Luxembourg and to be regulated by the Commission de Surveillance du Secteur Financier. The…
18 February 2021
- Warning
Warning concerning the website www.access-sa.net
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.access-sa.net, where an entity offers investment and wealth management services and pretends to be established at 16 avenue de la Liberté, Luxembourg. The CSSF informs the public that the entity presenting…
18 February 2021
- Interview
Marco Zwick on the pandemic’s impact on the asset management industry
Marco Zwick, director at the CSSF, was speaking to Citywire Selector on the pandemic’s impact on liquidity management and stress testing, with a particular emphasis on how money-market funds were able to respond during periods of volatility. He also outlined how liquidity will likely sit…
18 February 2021
- Warning
Warning concerning the website www.obeche-invest.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.obeche-invest.com, where an entity, which pretends to be established at 5 rue C-M Spoo, L-2546 Luxembourg, offers investment and wealth management services under the name OBECHE Luxembourg or OBECHE Patrimoine, respectively.…
17 February 2021
- Interview
Claude Marx, The views of the regulator
Claude Marx, Director general of the CSSF was the guest of Luxembourg for Finance (LFF) for their series of podcasts “Shaping Finance”. In an interview with Nicolas Mackel, the CEO of LFF, he addressed the challenges of financial regulation, the issue of Brexit, the future…
16 February 2021
- Warning
Warning concerning the website www.bancdeluxembourg.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.bancdeluxembourg.com, where an entity offers investment services under the name Banc de Luxembourg. The CSSF informs the public that the entity referred to on this website is not regulated by the…
15 February 2021
- Communiqué
STOR Survey (2019-2020)
General findings and observations
In 2019, the CSSF launched a thematic review of more than 70 Luxembourg banks and investment firms in relation to their systems and procedures to detect and notify orders and transactions in financial instruments that could constitute market abuse. The review…
15 February 2021
- Video
AML/CFT Market Entry Form
Discover the new module available on eDesk as of 15 February 2021. For more information, please see our Communiqué and connect to eDesk.
15 February 2021
- Warning
Warning regarding a person named Kirill Samoilov
The Commission de Surveillance du Secteur Financier (CSSF) warns the public that a person named Kirill Samoilov presents himself as a member of the CSSF’s staff. In the case which was brought to our attention, this person presented a forged work certificate and contract which…
12 February 2021
- Warning
Warning concerning the website www.ciplopartners.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.ciplopartners.com where an entity, which pretends to be established at 12E, rue Guillaume Kroll, 1882 Luxembourg, offers investment services under the name Ciplo Partners Private Equity. The CSSF informs the public…
11 February 2021
- Press release
Monitoring the quality of transaction reports received under Article 26 of MiFIR
Press release 21/04
This press release relates to the obligation for credit institutions and investment firms to report transactions in financial instruments as set out in Article 26 of Regulation (EU) N° 600/2014 (“MiFIR”). It informs on the number of reporting entities as well as…
11 February 2021
- Warning
Warning concerning the website www.centreeuropeinvest.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.centreeuropeinvest.com where an entity presents itself as an investment firm named “Centre Europe SA” and pretends to be established at 7 rue du Fort Elisabeth, L-1463 Luxembourg. The CSSF informs the…
9 February 2021
- Communiqué
ESMA publishes Final Guidelines on Article 25 of Directive 2011/61/EU (AIFMD)
The CSSF hereby informs market participants that the European Securities and Markets Authority (ESMA) has published on 17 December 2020 its final Guidelines on Article 25 of Directive 2011/61/EU (AIFMD) related to leverage risks in the alternative investment funds sector. The Guidelines have been issued in…
9 February 2021
- Communiqué
Financial Innovation: a challenge and an ambition for the CSSF
Version: 8 February 2021
8 February 2021
- Communiqué
Communication regarding a new eDesk module: AML/CFT Market Entry Form (Funds and IFM)
The CSSF would like to communicate on the digitalisation of the AML/CFT Market Entry Form, previously under Excel dedicated form. Aiming at collecting standardised key information in relation to money laundering and terrorist financing risks (“ML/FT risk”), the Market Entry Form will have to be…
5 February 2021
- Warning
Warning concerning the website www.bc-opportunityfund.com
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.bc-opportunityfund.com where an entity, which claims to be established at 47 Avenue John F. Kennedy, L-1855 Luxembourg, presents itself as an investment bank and global asset manager named Bank Capital Opportunity…
5 February 2021
- Press release
Communication on the SFDR fast track procedure and the deadline of 10 March 2021
Press release 21/03
The CSSF would like to remind that UCITS management companies and alternative investment fund managers will have to comply with Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector (SFDR Regulation) for 10 March 2021. For the purpose of bringing pre-contractual…
4 February 2021
- Circular CSSF
Circular CSSF 21/765 (only in French)
Update of Circular CSSF 01/27 and Circular CSSF 07/325 following amendments to Regulation CSSF No 12-02
2 February 2021
- Press release
Global situation of undertakings for collective investment at the end of December 2020
Press release 21/02
As at 31 December 2020, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 4,973.780 billion compared to EUR 4,882.411 billion as at 30 November 2020, i.e.…
29 January 2021
- Press release
Communiqué of the Ministry of Justice of 25 January 2021: Luxembourg finalises the first money laundering and terrorist financing vertical risk assessment on virtual asset service providers
The English version of the money laundering and terrorist financing vertical risk assessment on virtual asset service providers and its French translation are available on the website of the Ministry of Justice: Vertical Risk Assessment: Virtual Asset Service Providers (gouvernement.lu)
27 January 2021
- Warning
Warning concerning a fraud scheme misusing the name of the Luxembourg bank Keytrade Bank Luxembourg S.A.
The CSSF warns the public of persons pretending to operate on behalf of the Luxembourg authorised bank Keytrade Bank Luxembourg S.A. by offering financial products via telephone or email. To give credibility to their approach, they indicate, among other things, the website https://bkt-inter.eu and email…
27 January 2021
- Warning
Warning regarding the activities of an entity named "Bitcryptoprofit"
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named “Bitcryptoprofit” which, on the website www.bitcryptoprofit.com, offers investment and trading services and pretends to be established at 40 rue Notre Dame, L-2240 Luxembourg. The CSSF informs the…
27 January 2021
- Circular CSSF
Circular-letter
2020 Survey related to the fight against money laundering and terrorist financing
26 January 2021
- Communiqué
Key-takeaways from the AML/CFT virtual conference held on 25 January 2021 for Specialised PFS
Published on 20 July 2020 and available on CSSF’s website ML_TF_risk_analysis_TCSP.pdf (cssf.lu) It is a sectorial analysis which complements the updated National Risk Assessment (“NRA”). ML/FT threats and vulnerabilities are analysed together with mitigation factors. Both NRA and SSRA concluded that the inherent ML/FT risks…