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.
Luxembourg Financial Regulatory News: Circular CSSF 26/907 defines the specific supervisory and auditing requirements for credit institutions issuing covered bonds (lettres de gage) and outlines the strict duties of their special approved statutory auditors (REAS). The circular mandates that the […]
Luxembourg Financial Regulatory News: Circular CSSF 26/906 establishes a consolidated regulatory framework for the central administration, internal governance, and risk management of payment institutions, electronic money institutions, and account information service providers operating in Luxembourg. Repealing several older circulars to
Luxembourg Financial Regulatory News: Circular CSSF 26/905 formally integrates the European Banking Authority’s Guidelines (EBA/GL/2025/01) on the management of environmental, social, and governance (ESG) risks into Luxembourg’s supervisory framework for Less Significant Institutions (LSIs). The circular requires these institutions to
Luxembourg Financial Regulatory News: Circular CSSF 26/904 amends the existing reporting framework under Circular CSSF 24/853 for investment firms and Luxembourg branches of non-EU investment firms to better align the self-assessment questionnaire (SAQ) with current supervisory priorities. The update introduces
Luxembourg Financial Regulatory News: Circular CSSF 25/902 streamlines the annual reporting process for credit institutions by repealing the older Circular CSSF 19/731. While the core obligation to submit key annual documents—such as external audit reports, ICAAP and ILAAP reports, self-assessment
Luxembourg Financial Regulatory News: Circular CSSF 25/901 modernises and consolidates the regulatory framework for Luxembourg’s specialised investment funds (SIFs), investment companies in risk capital (SICARs), and Part II UCIs. By repealing and replacing several older circulars, it establishes a single,
Luxembourg Financial Regulatory News: Circular CSSF 25/900 amends Circular CSSF 22/811, which governs the authorization and organization of Undertaking for Collective Investment (UCI) administrators. A primary change introduced by this circular is the immediate repeal of Annex B, which previously
Luxembourg Financial Regulatory News: Circular CSSF 25/899 formally integrates the European Banking Authority’s Guidelines (EBA/GL/2025/03) concerning Acquisition, Development, and Construction (ADC) exposures to residential property into Luxembourg’s regulatory framework. Applicable with immediate effect to Less Significant Institutions and Luxembourg-incorporated CRR
Circular CSSF 25/898
Update of Circular CSSF 07/325 on Provisions relating to credit institutions and investment firms of EU origin established in Luxembourg by way of branches or exercising activities in Luxembourg by way of free provision of services, as amended by Circulars CSSF 21/765 and CSSF 22/827
Luxembourg Financial Regulatory News: This article explains Circular CSSF 25/897, which updates the regulatory framework for Long Form Reports (LFR) submitted by credit institutions in Luxembourg. This update modifies a self-assessment questionnaire by introducing new modules for UCI administration and EMIR, while relocating technology-related readiness into the broader IT
