Regulatory framework

Entry into force of the Law of 27 October 2010 on the fight against money laundering and terrorist financing

enhancing the anti-money laundering and counter terrorist financing legal framework; organising the controls of physical transport of cash entering, transiting through or leaving the Grand Duchy of Luxembourg; implementing United Nations Security Council resolutions as well as acts adopted by the European Union concerning prohibitions and restrictive measures in financial matters in respect of certain persons, entities and groups in the context of the combat against terrorist financing

implementing Directive 2009/65/EC of the European Parliament and of the Council as regards organisational requirements, conflicts of interest, conduct of business, risk management and content of the agreement between a depositary and a management company

implementing Directive 2009/65/EC of the European Parliament and of the Council as regards certain provisions concerning fund mergers, master-feeder structures and notification procedure

implementing Directive 2009/65/EC of the European Parliament and of the Council as regards the form and the content of the standard notification letter and UCITS attestation, the use of electronic communication between competent authorities for the purpose of notification, and procedures for on-the-spot verifications and investigations and the exchange of information between competent authorities (Text with EEA relevance)

implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website (Text with EEA relevance)

Measures concerning the Democratic People’s Republic of Korea (DPRK)

Cooperation between the professionals of the financial sector and the judicial authorities

imposing certain specific restrictive measures directed against certain natural or legal persons, entities or bodies, in view of the situation in Somalia

Change regarding the communication of circulars issued by the CSSF for the entities under its supervision

Guidelines concerning the remuneration policies in the financial sector

providing details on certain provisions of the amended Law of 12 November 2004 on the fight against money laundering and terrorist financing

imposing certain specific restrictive measures in respect of the Republic of Guinea

on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (“UCITS Directive”)

Guidelines of the Committee of European Securities Regulators (CESR) concerning eligible assets for investment by UCITS

Rules applicable to undertakings for collective investment when they employ certain techniques and instruments relating to transferable securities and money market instruments

Changes to circulars IML 97/136 and CSSF 07/310

Guidelines of the Committee of European Securities Regulators (CESR) concerning eligible assets for investment by UCITS

relating to certain definitions of the amended Law of 20 December 2002 on undertakings for collective investment and implementing 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

1) FATF statement on Iran 2) FATF guidance regarding the implementation of certain UN resolutions