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Shortening Settlement Cycle in the EU

The CSSF draws attention to the Final Report providing the assessment of the shortening of the settlement cycle in the European Union (EU) which was published on Monday 18 November 2024 by the European Securities and Markets Authority (ESMA). In its report ESMA proposed a…

Launch of the 2024 ESMA data collection on costs linked to investments in AIFs and UCITS

On 14 November 2024, the European Securities and Markets Authority (ESMA) announced the launch of its data collection exercise for a one-off report on costs linked to investments in UCITS and AIFs. As part of the AIFMD/UCITSD review Directive, Art. 1 (amending Art. 12 of…

New mode of transmission for Key Information Document (KID) and official documents (MR/AI)

(published on 21 August 2024, updated on 15 November 2024)
As announced in the of April, 5th 2024 communication regarding the direct submission of filings to the CSSF, the collection procedures for the Key Information Document (KID) and the official documents (MR/AI) have changed from…

Greenwashing and green finance: the CSSF calls for vigilance and informs on www.letzfin.lu

Press release 24/29
The market of sustainable financial products is growing rapidly, driven by an increased demand for environmentally friendly and socially responsible investments. This trend is a positive signal for the ecological transition and the fight against climate change. However, it is worth remembering…

Reminder - New U1.1 reporting transmission procedures

(published on 12 September 2024, updated on 31 October 2024 and 15 November 2024)
As announced in the 5 April 2024 communication regarding the direct submission of filings to the CSSF, the methods for transmitting U1.1 reports will change from 15 November 2024. The expected…

Warning concerning the website www.asx-200.com

Please refer to the warning for further information.

Circular CSSF 24/865

Update of Circular CSSF 22/821 on the Long Form Report (as amended by Circular CSSF 23/845)

UCITS and AIFs cross-border marketing notifications

As announced in the Communiqué of 11 September 2024, new information (predominant AIF type and contact point(s) concerning the notification letter, invoices and facilities for investors) are now collected through marketing notification and de-notification requests. Consequently, eDesk CBDF module and S3 API channel have been…

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager MAX GAIN CAPITAL S.À R.L.

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager SOPHONT MANAGEMENT

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager LDX ASSET MANAGEMENT S.À R.L.

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager CARDEA INTERNATIONAL MANAGEMENT S.A.

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager FONDS AAA SÀRL

Administrative sanction of 28 August 2024

Administrative sanction imposed on the alternative investment fund manager GLOBAL INVESTMENT OPPORTUNITIES PARTNERS

FATF: Public Consultation on AML/CFT and Financial Inclusion – proposed changes to FATF Standards

The consultation runs until 6 december 2024 (18h00 CET). Further information can be found on the FATF website.

Reminder: new procedures dedicated to the Audit Profession

(published on 22 October 2024, updated on 6 November 2024)
Starting from 18 November 2024, the CSSF will make available in eDesk all procedures related to the audit profession (candidates, statutory auditors and audit firms). Audit professionals will be able to manage: Their career as…

Global situation of undertakings for collective investment at the end of September 2024

Press release 24/28
As at 30 September 2024, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 5,659.544 billion compared to EUR 5,638.940 billion as at 31 August 2024, i.e.…

Warning concerning the website www.bytreal.com

Please refer to the warning for further information.

Warning concerning persons misusing the name of the Chair of the CSSF Board

The Commission de Surveillance du Secteur Financier (CSSF) warns the public of fraudsters who misuse the name of the Chair of the CSSF Board, Maureen Wiwinius. The CSSF points out that it does not contact supervised entities or any other entities through its Board to…