Opening of the eDesk Portal for the purpose of the mandatory notification in the context of Brexit
Press release 19/41
As previously announced in the CSSF press release 19/33 concerning firms licensed in the UK under CRD IV, MiFID II, PSD 2, EMD and in the CSSF press release 19/34 concerning undertakings for collective investment and their managers, firms and investment funds that wish to benefit from the 12-month transitional regime of the Brexit laws are required to notify the CSSF no later than 15 September 2019.
The CSSF is pleased to announce that dedicated “Brexit Notification” forms are now available for all firms and investment funds through the eDesk Portal accessible at https://www.cssf.lu/edesk.
Any date indicated in the Brexit Notification forms is based on the assumption of a no-deal Brexit occurring on 31 October 2019. Entities that have not submitted a notification through the eDesk Portal by 15 September 2019 will not be entitled to benefit from the transitional regime and will have to cease all business as of the date of a no-deal Brexit.
Any situation that may arise and that is not contemplated or described in the Brexit notification forms available on the eDesk Portal, as well as any question, should be addressed separately using the following email addresses: