CSSF supervisory fees for Luxembourg funds and fund managers remain unchanged, while new fee regimes apply from 16 January 2026.
The Grand-Ducal Regulation of 8 January 2026 relating to the fees levied by the CSSF introduced new fee regimes in connection with recent EU regulatory developments, notably in the areas of crypto-assets, distributed ledger technology and credit servicers. The amendments are summarised below.
No change for Luxembourg funds and IFMs
The fee levels and fee structure applicable to Luxembourg investment funds and IFMs remain identical to those already in force.
Introduction of new fee regimes
The reform consists of extending the CSSF fee perimeter to new categories of regulated activities.
First, a dedicated regime is introduced for entities subject to Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA). The text provides for an examination fee of EUR 30,000, reduced to EUR 15,000 where the applicant is already authorised by the CSSF, together with applicable annual supervisory fees, set at EUR 40,000, or EUR 25,000 where the entity is already subject to CSSF supervision.
Second, a specific regime is established for DLT trading and settlement systems. The examination fee is set at EUR 50,000 for entities already authorised by the CSSF and EUR 92,000 for other applicants.
Third, the regulation introduces a fee framework for credit servicers. It provides for an examination fee of EUR 30,000 and an annual lump sum of EUR 35,000, increased to EUR 45,000 where the entity is authorised to receive and hold funds from borrowers.
The reform therefore does not impact the cost base of traditional Luxembourg fund structures or management platforms, but extends the CSSF supervisory fee framework to newly regulated activities.
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