Explanation

Explanation of the news and updates related to the CSSF Circulars and EU Regulations for the financial institutions in Luxembourg, e.g., Banks, PFs / PSF, AIFMs, ManCos, PIs, EMIs etc.

Warning of the European Systemic Risk Board (ESRB) of 25 June 2026 on systemic cyber risks stemming from frontier artificial intelligence models (FAIMs) (ESRB/2026/3). This can lead to serious problems…

Warning of the European Systemic Risk Board (ESRB) of 25 June 2026 on systemic cyber risks stemming from frontier artificial intelligence models (FAIMs) (ESRB/2026/3). This can lead to serious problems…

Must Read, Central Securities Depositories (CSDs) News, Credit Institutions News, Crowdfunding service providers (CSPs) News, Crypto-Assets Service Providers (CASPs) and Virtual Asset Service Providers (VASPs) News, Data Reporting Service Providers (DRSPs) News, EU Regulations, Explanation, IFMs (AIFMs, ManCos) News, Investment Firms News, Issuers of Tokens (EMTs, ARTs) News, Payment Institutions (PIs) / Electronic Money Institutions (EMIs) /AISPs News, Pension funds News, PFS/PSF News, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory Advisory & Consulting: This official warning from the European Systemic Risk Board outlines the emerging cybersecurity threats posed by high-capacity Frontier AI Models to the financial sector. These advanced systems can autonomously identify software flaws and generate rapid attacks, potentially overwhelming the reactive patching […]

Warning of the European Systemic Risk Board (ESRB) of 25 June 2026 on systemic cyber risks stemming from frontier artificial intelligence models (FAIMs) (ESRB/2026/3). This can lead to serious problems… Read More »

Circular CSSF 26/914: Identification of obliged entities eligible for direct supervision by AMLA in Luxembourg. Ratiofy.Lu Explanation.

Circular CSSF 26/914: Identification of obliged entities eligible for direct supervision by AMLA in Luxembourg. Are you impacted?

CSSF-Circulars, Credit Institutions News, Crypto-Assets Service Providers (CASPs) and Virtual Asset Service Providers (VASPs) News, EU Regulations, Explanation, IFMs (AIFMs, ManCos) News, Investment Firms News, Issuers of Tokens (EMTs, ARTs) News, Must Read, Payment Institutions (PIs) / Electronic Money Institutions (EMIs) /AISPs News, PFS/PSF News, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: CSSF Circulars: The Circular CSSF 26/914 from the Commission de Surveillance du Secteur Financier (CSSF) outlines a mandatory data collection exercise for various Luxembourg-based financial institutions, including banks, investment firms, and crypto-asset providers. The primary objective is to help the European

Circular CSSF 26/914: Identification of obliged entities eligible for direct supervision by AMLA in Luxembourg. Are you impacted? Read More »

Circular CSSF 26/913: Application of the Guidelines of the European Banking Authority on ancillary services undertakings specifying the criteria for the identification of activities referred to in Article 4(1)(18) of Regulation (EU) No 575/2013 (EBA/GL/2026/01) in Luxembourg. Do you understand the framework?

Circular CSSF 26/913: Application of the Guidelines of the European Banking Authority on ancillary services undertakings specifying the criteria for the identification of activities referred to in Article 4(1)(18) of Regulation (EU) No 575/2013 (EBA/GL/2026/01) in Luxembourg. Do you understand the framework?

CSSF-Circulars, Credit Institutions News, EU Regulations, Explanation, Investment Firms News / By

Luxembourg Financial Regulatory News: CSSF Circulars: The circular CSSF 26/913 outlines the regulatory framework established by the European Banking Authority (EBA) to identify ancillary services undertakings (ASUs) within the financial sector. The Circular CSSF 26/913 formalizes the adoption of these standards in Luxembourg, ensuring that local credit institutions and investment firms comply

Circular CSSF 26/913: Application of the Guidelines of the European Banking Authority on ancillary services undertakings specifying the criteria for the identification of activities referred to in Article 4(1)(18) of Regulation (EU) No 575/2013 (EBA/GL/2026/01) in Luxembourg. Do you understand the framework? Read More »

Circular CSSF 26/912: Repeal of Circular IML 91/75 related to the revision and remodelling of the rules in Luxembourg on undertakings for collective investment ("UCI")

Circular CSSF 26/912: Repeal of Circular IML 91/75 related to the revision and remodelling of the rules to which Luxembourg undertakings governed by the Law of 30 March 1988 on undertakings for collective investment (“UCI”) are subject. Are you in the scope?

CSSF-Circulars, Credit Institutions News, Explanation, IFMs (AIFMs, ManCos) News, Investment Firms News, PFS/PSF News, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: CSSF Circulars: The Circular CSSF 26/912 serves as an official notice from Luxembourg’s financial regulatory authority to formally annul Circular IML 91/75. This action updates the regulatory landscape for undertakings for collective investment (UCIs) by removing outdated rules originally

Circular CSSF 26/912: Repeal of Circular IML 91/75 related to the revision and remodelling of the rules to which Luxembourg undertakings governed by the Law of 30 March 1988 on undertakings for collective investment (“UCI”) are subject. Are you in the scope? Read More »

2025 Report on major ICT-related incidents published under Joint-ESA report under Article 22 of DORA - Ratiofy.Lu

2025 Report on major ICT-related incidents published under Joint-ESA report under Article 22 of DORA. Do you know what it says?

IFMs (AIFMs, ManCos) News, Credit Institutions News, EU Regulations, Explanation, Investment Firms News, Issuers of Tokens (EMTs, ARTs) News, Must Read, Payment Institutions (PIs) / Electronic Money Institutions (EMIs) /AISPs News, Pension funds News, PFS/PSF News, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: This 2025 Joint-ESA Report provides an anonymized and aggregated overview of major information and communication technology (ICT) incidents within the European financial sector. Published in June 2026 under the Digital Operational Resilience Act (DORA), the document analyzes 3,383 significant events reported

2025 Report on major ICT-related incidents published under Joint-ESA report under Article 22 of DORA. Do you know what it says? Read More »

Circular CSSF 26/911: ESMA Guidelines on stress test scenarios under Article 28 of the Money Market Fund Regulation – Update 2025 (ESMA50-481369926-30585) in Luxembourg. Are you aware?

Circular CSSF 26/911: ESMA Guidelines on stress test scenarios under Article 28 of the Money Market Fund Regulation – Update 2025 (ESMA50-481369926-30585) in Luxembourg. Are you aware?

CSSF-Circulars, EU Regulations, Explanation, IFMs (AIFMs, ManCos) News, Must Read, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: CSSF Circulars: The Circular CSSF 26/911 and the accompanying ESMA Final Report outline the updated 2025 guidelines for conducting stress test scenarios within the Money Market Fund (MMF) sector. These regulatory documents require fund managers to simulate severe financial shocks, including geopolitical instability, heightened asset volatility, and significant liquidity

Circular CSSF 26/911: ESMA Guidelines on stress test scenarios under Article 28 of the Money Market Fund Regulation – Update 2025 (ESMA50-481369926-30585) in Luxembourg. Are you aware? Read More »

Publication of the Law of 5 May 2026 transposing Directive (EU) 2024/1619 (CRD VI) and Directive (EU) 2024/2994 in Luxembourg

Publication of the Law of 5 May 2026 transposing Directive (EU) 2024/1619 (CRD VI) and Directive (EU) 2024/2994 in Luxembourg. Are you ready?

Credit Institutions News, EU Regulations, Explanation, Investment Firms News, Multimedia, Must Read, Opinion / By

Luxembourg Financial Regulatory News: The article details the Commission de Surveillance du Secteur Financier (CSSF) announcement regarding a new Luxembourg law enacted on May 5, 2026. This legislation integrates European Union directives, specifically CRD VI, to modernize the oversight of credit institutions and investment firms. Key updates include stricter internal

Publication of the Law of 5 May 2026 transposing Directive (EU) 2024/1619 (CRD VI) and Directive (EU) 2024/2994 in Luxembourg. Are you ready? Read More »

NIS2 in Luxembourg under Law of 5 May 2026 concerning measures to ensure a high level of cybersecurity-Ratiofy.Lu

NIS2 in Luxembourg under Law of 5 May 2026 concerning measures to ensure a high level of cybersecurity in Luxembourg. Are you ready?

EU Regulations, Credit Institutions News, CSSF-Circulars, Explanation, Must Read / By

Luxembourg Financial Regulatory News: The article explains the Luxembourgish law of May 5, 2026, which establishes a comprehensive legal framework to ensure high-level cybersecurity across the nation. Transposing the European NIS 2 Directive, the legislation identifies essential and important entities across critical sectors such as energy,

NIS2 in Luxembourg under Law of 5 May 2026 concerning measures to ensure a high level of cybersecurity in Luxembourg. Are you ready? Read More »

CSSF Communication: New methods of transmitting management notifications and de-notifications with a European passport for Luxembourg-domiciled IFMs - Ratiofy.Lu

CSSF Communication of 22 April 2026: New methods of transmitting management notifications and de-notifications with a European passport for Luxembourg-domiciled IFMs

IFMs (AIFMs, ManCos) News, Explanation, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: The new CSSF communication 22 April 2026: New methods of transmitting management notifications and de-notifications with a European passport for Luxembourg-domiciled IFMs outlines the official procedures for Luxembourg Investment Fund Managers regarding the management of cross-border notifications and de-notifications. This guidance

CSSF Communication of 22 April 2026: New methods of transmitting management notifications and de-notifications with a European passport for Luxembourg-domiciled IFMs Read More »

April 2026 CSSF Newsletter No 303: What happened during last month in the Financial Sector in Luxembourg?

April 2026 CSSF Newsletter No 303: What happened during last month in the Financial Sector in Luxembourg?

Central Securities Depositories (CSDs) News, Credit Institutions News, Crowdfunding service providers (CSPs) News, Crypto-Assets Service Providers (CASPs) and Virtual Asset Service Providers (VASPs) News, CSSF-Circulars, Data Reporting Service Providers (DRSPs) News, EU Regulations, Explanation, IFMs (AIFMs, ManCos) News, Investment Firms News, Issuers of Tokens (EMTs, ARTs) News, Must Read, Payment Institutions (PIs) / Electronic Money Institutions (EMIs) /AISPs News, Pension funds News, PFS/PSF News, Undertakings for collective investment (UCIs) / By

Luxembourg Financial Regulatory News: The April 2026 CSSF Newsletter No 303 from the Commission de Surveillance du Secteur Financier (CSSF) serves as a comprehensive update on the Luxembourg financial scene. It highlights critical security warnings regarding fraudulent websites and provides detailed regulatory circulars concerning crypto-assets and liquidity management. Extensive statistical

April 2026 CSSF Newsletter No 303: What happened during last month in the Financial Sector in Luxembourg? Read More »