CSSF

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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CSSF's head office at Rue d'Arlon in Luxembourg. Photo: Raymond Frenken.
Laws and Regulations
December 2, 2022

CSSF says SFDR thresholds imply ‘binding commitments’

Luxembourg’s financial supervisor CSSF has made clear that it expects investment funds that commit…
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Bank of Singapore headquarter. Photo: Bank of Singapore.
Laws and Regulations
December 1, 2022

CSSF hits Bank of Singapore unit with €210,000 AML fine

BOS Wealth Management SA, the Luxembourg-based European wealth management arm of Bank of Singapore…
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Without clear game rules, funds will never get it right
Laws and Regulations
December 1, 2022

Without clear game rules, funds will never get it right

Europe’s asset management industry finds itself under a public magnifying glass after a team of…
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David Claus, CEO of European Depository Bank. Photo: Apex Group.
News
November 28, 2022

Depositary, custodian services ‘heavily concentrated’

Markets for depositary and custodian banking services in Luxembourg are “heavily concentrated”, with…
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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’s Marx: Efficiency focus is also in the interests of investors
Laws and Regulations
November 23, 2022

CSSF’s Marx: Efficiency focus also in interest of investors

Financial regulators across the European Union next year will embark on a comprehensive review of…
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Michael Reinhard, Chief Executive Officer, Universal Investment, and Katja Müller, Chief Customer Officer, Universal Investment
Asset Servicing
November 14, 2022

With EFA, UI pushes assets administrated above €900 bln

By successfully closing its acquisition of European Fund Administration, Universal Investment has…
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CSSF's head office at Rue d'Arlon in Luxembourg. Photo: Raymond Frenken.
News
November 2, 2022

CSSF’s Ucits, AIF fund cost review draws criticism

Luxembourg financial supervisor CSSF, a long-time ally for Luxembourg’s booming fund industry, is…
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Kempen cuts classification of three sustainability funds 
Asset Managers
October 27, 2022

Kempen cuts classification of three sustainability funds 

Dutch investment bank Kempen Capital Management has reclassified three of its sustainability funds…
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FCA proposes three labels for sustainability funds
Sector
October 27, 2022

FCA proposes three ESG labels, sets threshold at 90%

The UK’s Financial Conduct Authority on Wednesday presented its long-awaited proposal for…
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