Newsflashes

The CSSF’s new electronic filing platform ”electronic Reporting of Information concerning Issuers of Securities” ( eRIIS) is live since 4 March 2022 and can be accessed at this link. eRIIS provides issuers and other persons subject to the Luxembourg law of 11 January 2008 on transparency

On 3 February 2022, ESMA launched its Simple, Transparent and Standardised Register (the " STS Register") which, going forward, shall list all traditional securitisations notified to ESMA by the originators and sponsors as meeting the Simple, Transparent and Standardised (STS) requirements set out

On 20 January 2022, the European Securities and Markets Authority (“ ESMA ”) launched a Common Supervisory Action (“ CSA ”) with national competent authorities (“ NCAs ”) on valuation of UCITS and open-ended AIFs (the “ CSA on Valuation ”) across the European Union (the “ EU ”). Background of the

On 24 February 2022, the European Banking Authority (" EBA ") published its guidelines (the " Guidelines ") on the limited network exclusion (" LNE ") under Directive (EU) 2015/2366 on payment services in the internal market (" PSD2 "). BACKGROUND Pursuant to Article 3(k) of PSD2 services based on

Implementation of a specific monitoring of the largest investment fund managers As a result of the prevailing market conditions relating to the current situation in Ukraine, the CSSF implemented on 25 February 2022 a specific monitoring of the largest investment fund managers (“ IFM”) in view of the

The amendments to the law of 22 March 2004 on securitisation (the “ Securitisation Law”) proposed by the much awaited draft law 7825 (the " Draft Law") are an encouraging development for investors, originators and sponsors alike, since they promise a more flexible and secure framework and aim at