Published on 3 August 2026
Communiqué

The CSSF launches a dedicated webpage to clarify the process to notify and assess notifying material operations

Following the publication of the Law of May 5, 2026 (hereinafter the “Law”), amending the Law of April 5, 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 (hereinafter “institutions”).

Specifically, the Law requires institutions to provide prior notification before carrying out a material operation, as well as to obtain approval from the CSSF for such operations that are likely to have a significant impact on the institution’s prudential position or to raise concerns regarding money laundering or terrorist financing.

To assist the various market participants in understanding these new requirements, the CSSF has published a new webpage dedicated to the applicable regulatory framework.

This page details the practical implementation of the notification requirements and the assessment criteria for the three categories of material operations covered:

  • acquisitions and divestitures of a material interest;
  • material transfers of assets and liabilities;
  • mergers and divisions.