On 16 May 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/811 on the authorisation and organisation of entities acting as UCI administrators (the "Circular")
On 12 May 2022, the CSSF published Circular 22/810 on the procedures to be followed by Luxembourg-based undertakings for collective investment in transferable securities (UCITS) and investment fund managers
The Commission de Surveillance du Secteur Financier issued a circular regarding the authorisation and organisation of entities acting as UCI administrator
On 27 April 2022, the CSSF published a guidance for consumers in the context of virtual assets (the “Guidance”). In the context of digital communication channels promoting the possibility of high returns with virtual assets (the “VAs”)
On 22 April 2022, the Commission de Surveillance du Secteur Financier (the “CSSF”) issued the Circular CSSF 22/807 updating the amended Circular CSSF 12/552 on central administration, internal governance and risk management (the “Circular 12/552”).
On 22 April 2022, the CSSF released Circular CSSF 22/807 which updates the Circular CSSF 12/552 on central administration, internal governance and risk management in order to integrate several EBA guidelines into the CSSF’s administrative practice and regulatory approach.
On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") published a set of documents on outsourcing arrangements (the "OAs"), which (i) describes the rules governing the OAs, (ii) implements the EBA guidelines on OAs, (iii) integrates them into the CSSF's administrative practice
On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") published CSSF Circular 22/806 on outsourcing arrangements (the “Outsourcing Circular”).
On 22 April 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/806 on outsourcing arrangements (the "Circular"). By means of the Circular, the CSSF adopts and integrates the revised EBA Guidelines on outsourcing arrangements (EBA/GL/2019) (the "EBA Guidelines")
Following a lengthy parliamentary process, the new law on inactive (bank) accounts, safe-deposit boxes and unclaimed insurance contracts (the “Law”) has been published in the Luxembourg official gazette on 1st April 2022.
.png)
