Newsflashes

On 5 December 2024, the CSSF published a press release for the attention of issuers of securities subject to the law of 11 January 2008 on transparency requirements for issuers of securities, as amended (the " Transparency Law") and their auditors. With this press release, the CSSF highlights

Since 2017, European banks and other payment service providers (“ PSPs”) have been able to offer instant credit transfer (“ ICT”) services, to their customers (i.e. payment service users (“ PSUs”), that allow them to make euro transfers immediately, 24 hours a day and every day of the year. These

On 19 December 2024, the Luxembourg Parliament ( Chambre des Députés ) voted and adopted the Blockchain Law IV (or the " New Law"), a landmark step in advancing the country’s legal framework for distributed ledger technology (" DLT"). This legislation facilitates the issuance of digital securities

On 13 December 2024, ESMA published Q&As containing further details on specific aspects of the practical application of the Guidelines on funds' names using ESG or sustainability-related terms The Q&As apply to UCITS and AIF and are covering three specific topics: green bonds ( ESMA QA 2368 for

On 19 December 2024 and 2 January 2025, the CSSF has updated its Frequently Asked Questions (“ FAQs”) regarding the Luxembourg Law of 17 December 2010 on undertakings for collective investment (“ UCITS”)(“ the 2010 Law”). New questions were introduced by the CSSF (12.1) providing specific guidance

The CSSF has announced the 2024 annual AML/CFT questionnaire (the “ 2024 questionnaire”) will be accessible on the eDesk platform from 24 February 2025, with a submission deadline of 4 April 2025. The initiative aims to collect standardised information on money laundering and terrorism financing