WebOct 8, 2024 · On 7 July 2024, the CSSF issued a Frequently Asked Questions document (“FAQ”) describing how CSSF Circular 02/77 should be applied by investment fund managers (“IFMs”, i.e. UCITS management companies, authorized alternative investment fund managers, self-managed UCITS and internally-managed AIFs). The FAQ clarifies … WebThe CSSF has updated its FAQ on the AML/CFT RC REPORT. On 30 August 2024, the CSSF also updated the document User Guide concerning reporting under Art. 37 of the MMFR. The purpose of this document is to provide IFMs with an explanation on recurring problems encountered with the MMFR reporting. This updated User Guide displays a …
Digital Operational Resilience Act (DORA) - CSSF compliance …
WebJun 22, 2024 · Context and objectives. On 10 June 2024, the Commission de Surveillance du Secteur Financier (CSSF) published an FAQ on the application of the Markets in Financial Instruments Directive (MiFID) to investment fund managers (IFMs). The FAQ aims to clarify the circumstances and the extent that the MiFID applies to IFMs, their third … WebDec 20, 2024 · On 17 December 2024, the CSSF updated its UCITS FAQ by clarifying the possibility for Undertakings for Collective Investment in Transferable Securities (“UCITS”) to invest in Special Purpose Acquisition Companies (“SPACs”). This UCITS’ investment in SPACs is permitted provided a certain number of conditions are met: smart boards pricing
FAQ: COVID-19 – CSSF
WebJun 12, 2024 · 06.12.2024. On 2 December 2024, the Luxembourg supervisory authority for financial services (the “ CSSF ”) published FAQs on the application of the Sustainable … WebApr 11, 2024 · On 6 April 2024, the Luxembourg Commission de surveillance du secteur financier (the CSSF) updated its FAQ on Virtual Assets for UCIs. The CSSF clarified that a Luxembourg IFM does not need to be licensed to manage virtual assets in case its AIFs only indirectly invest in virtual assets through one or more target funds. WebMay 10, 2024 · The main key points of the CSSF FAQ are addressed below. 1. SCOPE OF MC REQUIREMENTS. In-Scope IFMs: All Luxembourg IFMs listed in CSSF Circular 22/795 (“In-Scope IFMs”) must comply with the MC requirements under Article 4 of the CBDF Regulation and ESMA Guidelines (“MC Requirements”), which include e.g. UCITS … hill ridware facebook