Supervision

Luxembourg fund managers ordered to review costs and fees
Supervision
January 4, 2023

Climate reporting: ‘Boilerplates not welcome’

Luxembourg’s financial supervisors are preparing for tough scrutiny of the annual reports that firms…
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CSSF's head office at Rue d'Arlon in Luxembourg. Photo: Raymond Frenken.
Supervision
January 3, 2023

CSSF orders foreign branches to report AML setup

Luxembourg branches of investment firms and financial institutions headquartered elsewhere in the…
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Luxembourg police. Photo: PoliceLux.
Supervision
December 20, 2022

SIF managers fined for providing ‘incomplete’ info 

Financial supervisor CSSF is putting on the thumbscrews. It has imposed individual financial fines…
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CSSF's head office at Rue d'Arlon in Luxembourg. Photo: Raymond Frenken.
Supervision
December 12, 2022

ABBL, CSSF agree modernisation of banking supervision

After completing a similar transition last year for the supervision of investment fund managers…
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Luxembourg fund managers ordered to review costs and fees
News
December 9, 2022

Esma: Post-Brexit supervision CSSF, AFM ‘insufficient’

Supervisory practices in Ireland, Luxembourg and the Netherlands “appeared insufficient” during the…
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Luxembourg fund managers ordered to review costs and fees
Supervision
December 7, 2022

CSSF to survey money laundering risks

Luxembourg’s financial supervisor CSSF on Wednesday said its annual online survey relating to the…
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Luxembourg fund managers ordered to review costs and fees
Supervision
November 24, 2022

New ESG product rules under Mifid2 take effect

A new set of rules - part of an update to the EU’s Mifid 2 directive - took effect in Luxembourg on…
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CSSF seen drafting EU best practice for handling NAV errors 
Supervision
November 8, 2022

AML: CSSF finds weaknesses amid ‘satisfactory’ understanding

Luxembourg financial regulator CSSF today announced that it had found “satisfactory” both market…
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Luxembourg, awaiting FATF visit, under the AML spotlight
Sector
November 1, 2022

FATF visit to Luxembourg: what to expect and when

The exact arrival dates of the Financial Action Task Force on-site assessors in Luxembourg remain a…
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Luxembourg is home to various Gazprom units, including its Gazprom Bank Luxembourg. Photo: Raymond Frenken.
Supervision
October 31, 2022

Gazprom’s Gaz Capital fined by CSSF for late annual report

Luxembourg‘s financial supervisor on Monday said it has slapped a fine of 10,000 euro on a…
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Luxembourg, awaiting FATF visit, under the AML spotlight
Supervision
September 22, 2022

Luxembourg, awaiting FATF visit, is under AML spotlight

A crucial test awaits Luxembourg’s financial centre in just a couple of months. The Financial Action…
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CSSF's Martine Wagner (left), head of department for the supervision of investment firms, and Cécile Gellenoncourt, Head of Supervision of Information systems, address the new outsourcing rules in the ABBL-CSSF webinar.
Supervision
June 20, 2022

CSSF clarifies new rules for financial sector outsourcing

New rules, new details and a new terminology regarding financial sector outsourcing are being…
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Luxembourg's freeport. Photo: Lux-hsh.com
News
June 14, 2022

Luxembourg freezes €210 mln in Russian freeport assets

Assets worth over 200 million euros stored at Luxembourg’s freeport, formally known as High-Security…
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Jake Lee, crypto expert and chief strategy officer at South Korea's GoPax
Events
May 23, 2022

Cryptocurrency crash to bring regulation – but how much?

The collapse in the value of two cryptocurrencies linked to South Korea’s Terra blockchain has sent…
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