Newsflashes

New FAQ On 24 December 2024, the CSSF published the FAQ on the new Circular 24/856 concerning the protection of investors in case of an NAV calculation error, an instance of non-compliance with the investment rules and other errors at UCI level (the “ Circular 24/856”). With the entry into force of

New FAQ on AML/CFT asset due diligence obligations provides practical guidance on CSSF Regulation No 12-02 On 13 December 2024, the CSSF published their first version of FAQ on AML/CFT asset due diligence . The FAQ was published in the context of Article 34 (2) of CSSF Regulation 12-02 which imposes

On 18 December 2024, CSSF published updated FAQ on SFDR The update consisted in removing questions 2 (SFDR templates as a material change), 9 (EPM techniques) and 10 (application date for periodic disclosures) as well as to update Q&A 6 and 7. Q&A 6 was updated in order to specify that investment

New UCI notification procedure On 17 December 2024, the CSSF announced the availability of the new notification forms for errors and instances of non-compliance on the eDesk platform, as set out in the new Circular 24/856 on investor protection in the event of NAV calculation errors and non

Filings with the Luxembourg Trade and Companies Register (“ RCS”) must observe new substantial requirements and formalities as of 12 November 2024 (the “ Implementation Date”). Change of format of the RCS filing forms from offline PDF to online HTML In order to address the practical issues

On 24 November 2023, Draft law No. 8342 (the “ Draft Law”) was submitted to the Luxembourg Parliament, completing the transposition of Directive (EU) 2019/1151 of 20 June 2019 (the “ Directive”) by integrating its Article 13 decies (the “ Article”) in Luxembourg Law. The Draft Law strengthens the