Supervision

The offices of CSSF in Luxembourg. Photo: IO.
Supervision
July 9, 2024

CSSF fines BNP Paribas €3 mln for laundering lapses

The CSSF has fined BGL BNP Paribas three million euro for significant lapses in its anti-money…
Read more
The PWC offices in Luxembourg. Photo: PWC.
Private Banks
June 28, 2024

Luxembourg banks struggling with compliance, AML

Luxembourg’s banking sector, once heralded for its stability and strong governance, is now grappling…
Read more
Asset Managers
June 26, 2024

CSSF confirms Amundi’s Nvidia holdings within legal limits

Luxembourg financial regulator CSSF has confirmed that the 34.49 percent holding in Nvidia by an…
Read more
Investing
June 17, 2024

ESG funds brace for $40 bln outflow as new EU rules loom

Investors in European ESG funds could be in for a rude awakening as new guidelines from the European…
Read more
Crestbridge gets CSSF depository licence in Luxembourg
Supervision
June 14, 2024

CSSF fines and reprimands managers for AML failures

The CSSF has reprimanded three investment fund managers for failing to comply with anti-money…
Read more
Verena Ross, ESMA Chairperson. Photo: ESMA.
Supervision
June 12, 2024

Esma faces uphill battle to emerge as European SEC

In an interview with Investment Officer, Esma chair Verena Ross outlined her vision and the…
Read more
Verena Ross, ESMA Chairperson. Photo: ESMA.
Asset Managers
June 12, 2024

‘We will never succeed if we don’t bring it together in a genuinely European context’

Transcript of the interview with Esma Chair Verena Ross.
Read more
Fuchs pressed into action to solve compliance and IT problems
Sector
April 25, 2024

Fuchs & Associés fined again, for money laundering, tax fraud

Less than a week before announcing the sale of its asset management services arm, Luxembourg’s…
Read more
Euro notes in a suitcase. Photo: iStock.
Supervision
April 8, 2024

Lombard Intl hit with record €1.68 mln fine over AML flaws

Luxembourg’s Commissariat aux Assurances (CAA) slapped Lombard International Assurance with a record…
Read more
Luxembourg fund managers ordered to review costs and fees
Supervision
March 22, 2024

CSSF fines Intertrust €162,500 for not sticking to custodian duties

The Commission de Surveillance du Secteur Financier (CSSF) has imposed a fine of 162,500 euro on…
Read more
Verena Ross, chair of Esma
Supervision
March 22, 2024

Esma fines Scope Ratings €2.2 mln euro for regulatory breaches

The European Securities and Markets Authority (Esma), the EU’s financial markets regulator, has…
Read more
CSSF's headquarters on Rue d'Arlon in Luxembourg. Photo: Max Severijns.
Sector
March 5, 2024

CSSF: crypto funds are for well-informed investors, not for retail

Luxembourg’s financial regulator CSSF has updated its guidance for the crypto investment landscape…
Read more
Opinion
February 28, 2024

ECB Watch: Cultivating cult-like behaviour

In the pursuit of an inclusive and engaging workplace, the European Central Bank (ECB) emphasises…
Read more
ESMA's headquarters are in Paris. Photo: ESMA.
Supervision
February 2, 2024

Esma: high risk of corrections, especially in private markets

Europe’s top financial supervisory authority is warning investors of a high risk of corrections in…
Read more