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On 28 August 2019, the CSSF ('regulator') published a Frequently Asked Questions (FAQ) concerning the Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 [...]

On 2 August 2019, the CSSF ('regulator') published press release 19/41 to announce the availability of the dedicated 'Brexit Notification' forms for all firms and investment funds, following the previous [...]

August 2018 has seen the Commission de Surveillance du Secteur Financier (CSSF) publishing a new questionnaire regarding compliance with the European Market Infrastructure Regulation (EMIR). An update to this questionnaire [...]

On 23 August 2018, the CSSF published a new Circular, CSSF Circular 18/697, which (i) specifies organisational requirements for depositaries of funds that are not subject to the PART I [...]

On 28 August 2018, the CSSF issued its first version of Frequently Asked Questions (FAQs) concerning the Regulation (EU) 2017/1131 on Money Market Funds (MMFs). The FAQs aim at highlighting [...]

On 20 July 2018, the CSSF issued a press release in order to remind that Money Market Fund Regulation (EU) 2017/1131 ('MMFR' or 'Regulation') will apply from 21 July 2018 [...]

On 12 July 2018, ESMA published a public statement by which it intends to raise the awareness of the stakeholders of the fund industry on the necessity to be prepared [...]

Grand-ducal Regulation of 30 May 2018 transposing the MiFID II Delegated Directive (EU) 2017/593 into national Law was published in the Mémorial (the Luxembourg Official Journal) on 31 May 2018. [...]

On 31 May 2018, the Law of 30 May 2018 transposing MiFID II into Luxembourg law was published in the Mémorial (the Luxembourg Official Journal). The new law aims at: [...]

On 19 April 2018, the law implementing PRIIPs was published in the Luxembourg official gazette (Mémorial). The draft bill was submitted to the Chambre des Députés on 25 October 2017 [...]

On 22 March 2018, the draft bill of law N°7164 implementing the Benchmarks Regulation 2016/1011 (BMR) was adopted by the 'Chambre des Députés' (Luxembourg Parliament). Key points of the bill [...]

On 6 February 2018, the Chambre des Députés (Luxembourg Parliament) adopted the draft bill 7024 which, besides implementing EU Regulation 2015/751 on interchange fees for card-based payment transactions, amends the [...]

On 16 January 2018, the Commission de Surveillance du Secteur Financier (CSSF) issued its updated AIFM application questionnaire. The key updates concern: Section 3 on ownership and qualifying holding which [...]

On 5 January 2018, the CSSF updated its Frequently Asked Questions (FAQ) document on the Law of 17 December 2010 (the 'UCI Law') in relation to investment by UCITS in [...]

On 25 October 2017, the Draft Bill of Law implementing the Regulation (EU) No 1286/2014 on key information documents on packaged retail and insurance-based investment products (PRRIPs) and modifying the [...]

On 30 October 2017, the CSSF published a press release in relation to Regulation (EU) 2016/1011 on indices used as benchmarks (Benchmarks Regulation or Regulation or BMR) [see previous article [...]

On 13 October 2017, the Commission de Surveillance du Secteur Financier (the 'CSSF') issued Circular 17/671 specifying CSSF Regulation 16-07 on out-of-court resolution of complaints (the 'Circular 17/671'). This circular [...]

On 13 October, the CSSF published Circular 17/670 on the assessment of knowledge and competence in the framework of the MiFID II Directive. This circular aims, on the one hand, [...]

On 3 July 2017, the Chamber of Deputies of the Grand-Duchy of Luxembourg issued a draft law 7157 (the Draft Law) aiming at: transposing the Directive 2014/65/EU on markets in [...]

On 17 February 2017, the Commission de Surveillance du Secteur Financier ('CSSF'), together with the Financial Intelligence Unit ('FIU') have published a new circular (hereafter, 'the Circular') providing more details [...]

On 23 December 2016, the Luxembourgish Law on Market Abuse was published in Memorial A n°279. It repeals the previous Law of 9 May 2006 on Market Abuse and supplements [...]

On 11 November 2016, the Commission de Surveillance du Secteur Financier (the 'CSSF') published in the Luxembourg official gazette (the 'Mémorial') the Regulation 16-07 (the 'New Regulation') which repeals and [...]

On 9 June 2016, the Commission de Surveillance du Secteur Financier (CSSF) issued an updated version - number 10 - of its Questions & Answers (Q&A) document on the Alternative [...]

On 11 October 2016, the Commission de Surveillance du Secteur Financier ('CSSF') published the CSSF Circular 16/644 (the 'New Circular') which is a revised set of rules of the former [...]

On 5 August 2016, the Commission de Surveillance du Secteur Financier (CSSF) issued CSSF Circular 16/641 which updates CSSF Circular 15/629 'on supplementary supervision to be applied to financial conglomerates [...]