CSSF LU

In January 2022, the European Securities and Markets Authority (“ESMA”) launched a Common Supervisory Action (“CSA”) with national competent authorities (“NCAs”) on valuation of Undertakings for Collective Investment in Transferable Securities (“UCITS”) and open-ended alternative investment funds (“AIFs”). In addition, in the context of the Russia-Ukraine crisis, the CSSF conducted...

Survey on the amount of covered deposits held on 30 June 2023 PDF (356.62Kb) PDF (350.82Kb) This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.

Administrative penalty imposed on Gazprom Capital LLC PDF (91.45Kb) PDF (90.76Kb) This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.

1) transposing Guideline (EU) 2022/508 of 25 March 2022 amending Guideline (EU) 2017/697 of the European Central Bank on the exercise of options and discretions available in Union law by national competent authorities in relation to less significant institutions (ECB/2022/12) and 2) amending CSSF Regulation No 18-03 of 5 June...

Warning: Illicit activities Company name: Snuff Kredit / Service Financier de Luxembourg SA Alleged registered office: Rue de Dudelange, Luxembourg Authorisation in Luxembourg: None Website used: www.snuffkredit.com Email address used: [email protected] Phone number used: / Note: The entity is not supervised by the CSSF and it has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg. This...

On 9 June 2023, both the Markets in Crypto-Assets Regulation (MiCA or MICAR) and the recast Regulation on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849 (TFR) were published in the Official Journal of the European Union. With MiCA (Regulation (EU) 2023/1114), the European Union...

Warning: Illicit activities Company name: Bit Lidex 360 Alleged registered office: / Authorisation in Luxembourg: None Website: Social Media Email address: / Phone number: / Note: Unknown individuals are publishing fake press articles relating to investments in crypto assets on social media and are misusing the names of Luxembourg public figures. This news item was originally published by the Commission de Surveillance du Secteur Financier...

1) high-risk jurisdictions on which enhanced due diligence and, where appropriate, counter-measures are imposed 2) jurisdictions under increased monitoring of the FATF Version of 26 June 2023 PDF (40.63Kb) PDF (42.63Kb) This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see...

1. Context This Communiqué follows up on (i) the CSSF communiqué published on 27 July 2022 announcing the intention of the CSSF to launch a data collection exercise related to SFDR and TR and (ii) the CSSF communiqué published on 24 March 2023 in relation to the data collection exercise dedicated to pre-contractual disclosures. The...

On 16 May 2022, the CSSF published Circular CSSF 22/811 (UCIA Circular). This UCIA Circular introduced new annual reporting for UCI administrators (UCIAs) to further strengthen the CSSF’s risk-based supervision. In accordance with point 104 of the UCIA Circular, a UCIA must file information regarding its business activities and resources...

I. Overall situation As at 31 May 2023, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 5,162.555 billion compared to EUR 5,139.027 billion as at 30 April 2023, i.e. an increase of 0.46% over...

PDF (2.87Mb) This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.