In accordance with Article 16 of Regulation (EU) No 537/2014, the Commission de Surveillance du Secteur Financier (“the CSSF”) hereby publishes the list of independent réviseurs d’entreprises agréés (approved statutory auditors) and of cabinets de révision agréés (approved audit firms) that have received less than 15% of the total…

The Commission de Surveillance du Secteur Financier, as authority responsible for the public oversight of the audit profession in Luxembourg, has issued its report on “The risk of fraud in revenue recognition in the context of an audit of financial statements”, which aggregates the results…

The CSSF would like to highlight the publication of Circular CSSF 26/912 concerning the repeal of Circular IML 91/75. Since the publication of Circular IML 91/75, the legal framework applicable to UCIs has significantly evolved: several laws on UCIs have been enacted, and new legislation…

The CSSF draws the attention of the industry to the publication on 11 May 2026 by the European Commission (EC) of its report to the European Parliament and the Council on the adequacy of the Money Market Funds Regulation (MMFR) from a prudential and economic…

The CSSF informs the public of the publication of the Law of 5 May 2026 (hereinafter the “Law”), which, inter alia, amends the Law of 5 April 1993 (hereinafter the “LFS”) and transposes Directive (EU) 2024/1619 of the European Parliament and of the Council of…

Starting from 11 October 2027, CSDR1 introduces the obligation to migrate from a T+2 settlement cycle to T+1. This is a significant change that requires a review of systems and operational processes across the entire trading and post-trading chain, not just around the settlement layer. To monitor the level…