Regulatory framework

Circular CSSF 07/290 (as amended by Circulars CSSF 10/451, 10/483, 10/497 and 13/568) (only in French)

Definition of capital ratios pursuant to Article 56 of the amended Law of 5 April 1993 on the financial sector (application to investment firms and management companies subject to chapter 13 of the Law of 20 December 2002 as amended)

Commission Directive 2007/16/EC of 19 March 2007

implementing Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards the clarification of certain definitions

Circular CSSF 07/283

Entry into force of the Law of 13 February 2007 relating to specialised investment funds

Regulation (EC) No 211/2007 of the Commission of 27 February 2007

amending Regulation (EC) No 809/2004 implementing Directive 2003/71/EC of the European Parliament and of the Council as regards financial information in prospectuses where the issuer has a complex financial history or has made a significant financial commitment

Grand-ducal Regulation of 27 February 2007

determining the conditions and criteria for the exemption from the subscription tax referred to in Article 68 of the Law of 13 February 2007 relating to specialised investment funds

Circular CSSF 07/281

Entry into force of the Law of 18 December 2006 concerning the distance marketing of financial services

Law of 13 February 2007 (coordinated version)

relating to specialised investment funds

Circular CSSF 07/277

New notification procedure in line with the guidelines of the Committee of European Securities Regulators (CESR) regarding the simplification of the UCITS notification procedure

Circular CSSF 06/273 (as amended by Circulars CSSF 07/317, 10/450, 10/475, 10/496, 11/501 and 13/568) (only in French)

Commission Decision of 4 December 2006

on the use by third country issuers of securities of information prepared under internationally accepted accounting standards

Circular CSSF 06/263

Combating money laundering and terrorist financing – list of non-cooperative countries and territories (NCCTs)

Circular CSSF 06/260 (only in French)

Implementation, validation and assessment of the internal ratings-based approach (IRB approach) and the advanced measurement approaches (AMA) within the framework of the new capital adequacy rules

Council Regulation (EC) No 1412/2006 of 25 September 2006

concerning certain restrictive measures in respect of Lebanon

Circular CSSF 06/258

Coming into force of the Law of 19 May 2006 on the implementation of Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids

Circular CSSF 06/247

Business relationships and transactions with natural or legal persons of North Korea

Law of 19 May 2006 (coordinated version)

transposing Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids

Council Regulation (EC) No 765/2006 of 18 May 2006

concerning restrictive measures against President Lukashenko and certain officials of Belarus

Directive 2006/43/EC of the European Parliament and of the Council of 17 May 2006

on statutory audits of annual accounts and consolidated accounts, amending Council Directives 78/660/EEC and 83/349/EEC and repealing Council Directive 84/253/EEC

Circular CSSF 06/241

The concept of risk capital under the Law of 15 June 2004 relating to the investment company in risk capital (SICAR)

Circular CSSF 06/240 (as amended by Circulars CSSF 13/568 and 17/657)

Administrative and accounting organisation; IT outsourcing and details regarding services provided under the status of support PFS, Articles 29-1, 29-2, 29-3, 29-4, 29-5 and 29-6 of the Law of 5 April 1993 on the financial sector as amended