Regulatory framework

Council Implementing Regulation (EU) 2020/1128 of 30 July 2020

implementing Article 2(3) of Regulation (EC) No 2580/2001 on specific restrictive measures directed against certain persons and entities with a view to combating terrorism, and repealing Implementing Regulation (EU) 2020/19

European Securities and Markets Authority Decision (EU) 2020/1123 of 10 June 2020

renewing the temporary requirement to natural or legal persons who have net short positions to temporarily lower the notification thresholds of net short positions in relation to the issued share capital of companies whose shares are admitted to trading on a regulated market to notify the competent authorities above a certain threshold in accordance with point (a) of Article 28(1) of Regulation (EU) No 236/2012 of the European Parliament and of the Council

Council Implementing Regulation (EU) 2020/1125 of 30 July 2020

implementing Regulation (EU) 2019/796 concerning restrictive measures against cyber-attacks threatening the Union or its Member States

Circular CSSF 20/749

Amendment of Circular CSSF 20/741 on the adoption of the Guidelines of the European Banking Authority on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis (EBA/GL/2020/02)

Corrigendum to Commission Implementing Regulation (EU) 2017/105 of 19 October 2016

amending Implementing Regulation (EU) No 1247/2012 laying down implementing technical standards with regard to the format and frequency of trade reports to trade repositories according to Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories

Circular CSSF 20/747 (version of 23.07.2020)

Technical arrangements relating to the application of the Law of 25 March 2020 establishing a central electronic data retrieval system related to IBAN accounts and safe-deposit boxes held by credit institutions in Luxembourg (the “Law”)

CSSF Regulation No 20-04 of 15 July 2020 (only in French)

on the definition of essential services according to the Law of 28 May 2019 transposing Directive (EU) 2016/1148 of the European Parliament and of the Council of 6 July 2016 concerning measures for a high common level of security of network and information systems across the European Union

Law of 10 July 2020 (coordinated version)

establishing a Register of Fiducies and Trusts

Ministerial Regulation of 17 July 2020

amending Annex I C of Grand-ducal Regulation of 29 October 2010 enforcing the Law of 27 October 2010 implementing United Nations Security Council resolutions as well as acts adopted by the European Union concerning prohibitions and restrictive measures in financial matters in respect of certain persons, entities and groups in the context of the combat against terrorist financing

UN designation of 16 July 2020 – SC/14256

FAQ regarding Circular CSSF 02/77

List of questions/answers in relation to the provisions of Circular CSSF 02/77 concerning the protection of investors in case of NAV calculation error and correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment. The FAQ on Circular CSSF 02/77 applies to UCITS and UCI subject to part II of the 2010 Law and outlines the principles to be applied by SIFs (hereafter “UCI”).

Circular CSSF 20/745

Update of Circular CSSF 14/593, as amended by Circulars CSSF 15/613, 15/621, 16/640, 17/663, 18/678, 18/685, 19/715 and 19/729 on supervisory reporting requirements applicable to credit institutions

Circular CSSF 20/744

Complement to Circular CSSF 17/650 “Application of the Law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended (hereinafter “AML/CFT Law”) and Grand-ducal Regulation of 1 February 2010 providing details on certain provisions of the AML/CFT Law (“AML/CFT GDR”) to predicate tax offences”

CSSF Regulation No 20-03 of 30 June 2020 (only in French)

on the setting of the countercyclical buffer rate for the third quarter of 2020

Notice of information on postponement of entry into application of MiFIR open access provisions with regard to exchange-traded derivatives

Circular CSSF 20/743

Amendment of Circular CSSF 19/716 on the provision in Luxembourg of investment services or performance of investment activities and ancillary services in accordance with Article 32-1 of the LFS

CSSF Regulation No 20-02 of 29 June 2020 (coordinated version)

on the equivalence of certain third countries with respect to supervision and authorisation rules for the purpose of providing investment services or performing investment activities and ancillary services by third-country firms

Regulation (EU) 2020/873 of the European Parliament and of the Council of 24 June 2020

amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards certain adjustments in response to the COVID-19 pandemic

Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020

on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088

Commission Delegated Regulation (EU) 2020/855 of 7 May 2020

amending Delegated Regulation (EU) 2016/1675 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council, as regards adding the Bahamas, Barbados, Botswana, Cambodia, Ghana, Jamaica, Mauritius, Mongolia, Myanmar/Burma, Nicaragua, Panama and Zimbabwe to the table in point I of the Annex and deleting Bosnia-Herzegovina, Ethiopia, Guyana, Lao People’s Democratic Republic, Sri Lanka and Tunisia from this table (Text with EEA relevance)