Aggregated News From Investment Management Regulators

CSSF LU

Watch the replay of Claude Marx, Director General of the CSSF, speaking at the 2021 Farad Finance Forum

https://www.youtube.com/watch?v=KOHSHUSYZao This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.

Warning concerning the website http://wh-luxembourg.com

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website http://wh-luxembourg.com where an entity offers investment services under the names Waterfall Holding, WH Invest and WH Luxembourg, pretending to be established at 27, Boulevard Grande-Duchesse J. Charlotte, L-1845 Luxembourg and using the email address format “[email protected]“. The CSSF informs the public that the entity presenting itself on that website under the names Waterfall Holding, WH Invest and WH Luxembourg is not regulated by the CSSF and has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg. The CSSF would...

Adaptation of the FAQ on the statuses of PFS with respect to the PFS status relating to the granting of loans to the public...

Article 28-4 of the LFS is aimed at professionals whose activity consists in granting, for their own account, loans to the public. Given the increasing number of requests to take a stance regarding the interpretation of the notion of “public” and the question of when the CSSF considers that a lending activity is directed towards the public, the CSSF updated the FAQ (Part II, Question 52) in order to provide clarification and legal certainty. In the absence of a legal definition of the term “public” in the LFS, the CSSF considers that a lending activity is not directed towards the...

Warning concerning emails sent in the formats “[email protected]” and “[email protected]

The Commission de Surveillance du Secteur Financier (CSSF) warns the public about emails sent by one or more persons using the following email address formats: [email protected] and [email protected] The person(s) using these email address formats pretend(s) to work for Asteo Luxembourg and offer(s) products/investments to retail clients. The CSSF would like to specify that the investment firm Asteo Luxembourg S.A., duly authorised in Luxembourg in accordance with the Law of 5 April 1993 on the financial sector and subject to the CSSF’s supervision, is not related to the person(s) using the email address formats referred to in this warning. This news...

Publication of the CSSF FAQ providing clarifications on the application of MiFID to Luxembourg Investment Fund Managers (IFMs)

Today the CSSF published an FAQ on the application of MiFID to Luxembourg IFMs. This CSSF FAQ aims at clarifying under what circumstances and to what extent MiFID applies to IFMs, their third-party delegates and their investment advisers. The new FAQ has been included in the following CSSF FAQ: FAQ concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment: section 10; FAQ concerning the Luxembourg Law of 12 July 2013 on alternative investment fund managers: section 26. IFMs are expected to comply with the CSSF FAQ as soon as possible and by 31 December 2021 at...

Data collection on commercial real estate for investment fund managers

The real estate sector plays an important role in the economy and its developments can have a material influence on the financial system. In recent years, increasing efforts are devoted to identifying and monitoring vulnerabilities that arise from the interplay between the real estate market and the financial system. The European Systemic Risk Board (ESRB) wishes to establish a harmonised framework for monitoring developments in the real estate sector. This implies the collection of data and indicators that help identifying the build-up of systemic risks and assessing the potential need for macroprudential intervention. Granular and consistent data are necessary to...

SEBI and CSSF enter a Memorandum of Understanding

The Securities and Exchange Board of India (SEBI) and the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) have signed a Memorandum of Understanding on mutual cooperation and technical assistance relating to the supervision of securities markets. The agreement covers in particular the exchange of regulatory and technical information, as well as cooperation as regards supervision and inquiries. The Memorandum took effect on 2 June 2021. On entering the agreement, Mr. Ajay Tyagi, Chairman of SEBI, stated that “With signing of this Memorandum of Understanding, we look forward to a stronger partnership with CSSF leading to enhanced cross-border co-operation and...

Warning concerning the websites www.bit-flyer.com and www.bitflyerex.net

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the websites www.bit-flyer.com and www.bitflyerex.net where an entity offers investment services under the name BitFlyer. The CSSF informs the public that the entity presenting itself on the aforementioned websites is unknown to it and has not been granted any authorisation to provide investment services or other financial services financiers in or from Luxembourg. The CSSF would like to specify that the payment institution, bitFlyer EUROPE S.A., duly authorised in Luxembourg and subject to the provisions of the Law of 10 November 2009 on payment services is not related to...

Warning concerning the website www.alphaonecm.com

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.alphaonecm.com where an entity offers investment services and pretends to be regulated by the CSSF and to be established at 44, Boulevard Grande-Duchesse Charlotte, L-1330 Luxembourg. The CSSF informs the public that the entity presenting itself of this website as Alpha One Capital Management is not regulated by the CSSF and has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg. The CSSF would like to specify that the company AlphaOne Capital Management S.à r.l. which is registered with...

Global situation of undertakings for collective investment at the end of April 2021

This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Press Release here: Source Link.

CSSF Newsletter No 244 – May 2021

PDF (739.81Kb) This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.

Law of 20 May 2021 (only in French)

1. transposing: a) Directive (EU) 2019/878 of the European Parliament and of the Council of 20 May 2019 amending Directive 2013/36/EU as regards exempted entities, financial holding companies, mixed financial holding companies, remuneration, supervisory measures and powers and capital conservation measures; and b) Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC; 2. implementing Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards...

Regulator Information

Abbreviation: CSSF
Jurisdiction: Luxembourg

Recent Articles

Directive for the beneficial ownership register of express trusts and similar legal arrangements

See the Press Release published by the Cyprus Securities and Exchange Commission (CySEC CY) here: Source link

RichmondSuper

Attention! The FMA warns investors against concluding transactions with: RichmondSuper https://www.richmondsuper.com (Link to external page. Opens in new window.) [email protected] [email protected] [email protected] [email protected] [email protected] (Link to external page. Opens in new window.) This provider...

Hardson Becker Global

Attention! The FMA warns investors against concluding transactions with: Hardson Becker Global with its registered address apparently in Hangzhou, China www.hardson.com This provider is not authorised to carry...

“Let’s talk about money” – money laundering: how illegal assets are given a legal appearance

In the latest edition of its consumer information series, “Let’s talk about money” the Austrian Financial Market Authority (FMA) explains about the term money...

Chair Powell will host town hall with educators August 2, 2021 at 4 p.m. EDT

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

Get the latest from Regulatory.News in your inbox!

×