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Jan 15, 2020
PRIIPS Assessment Reminder | CSSF Press Release 19/60
On 11 December 2019, the CSSF published press release 19/60 (the "Press Release") reminding that pursuant to press release 19/28 published on 1 July 2019 all SIFs, Part II UCIs and SICARs are obliged
Jan 15, 2020
New UCI Applications Via eDesk | CSSF Press Release 19/45
As and from 1 November 2019, applications for new UCI approvals (i.e.
Jan 02, 2020
AIFMD | ESMA’S Updated Q&A
BACKGROUND On 4 December 2019, ESMA published updated Questions and Answers ("Q&A") on the application of the Alternative Investment Fund Managers Directive ("AIFMD").
Jan 02, 2020
AML/CFT CSSF Guidance on Compliance by Registered AIFMS and 2019 ML/TF Survey
On 5 December 2019, the CSSF published a communication summarizing results of an AML/CFT questionnaire as well as an AML/CFT conference concerning registered AIFMs and Self-Managed Non-AIFs which took
Jan 02, 2020
AML/CFT CSSF FAQ on Responsible Persons for a Luxembourg Investment Fund or Investment Fund Manager
On 25 November 2019, the CSSF issued its FAQ on persons responsible for AML/CTF compliance for a Luxembourg Investment Fund or Investment Fund Manager supervised by the CSSF. This FAQ gives the CSSF’
Jan 02, 2020
MIFID II & MIFIR | Update of ESMA Q&A
Since our last newsletter, ESMA updated its Q&A on the Market in Financial Instruments Directive 2014/65/EU of 15 May 2014 ("MiFID II") and on the Markets in Financial Instruments Regulation 600/2
Jan 02, 2020
CSSF Updates on IT Outsourcing by Supervised Institutions
New and Modified CSSF Templates for Authorisation Requests and Notifications As regards IT outsourcing of material activities by credit institutions, investment firms and professionals performing len
Jan 01, 2020
Tax Treaties Update
As of 1 January 2020, Luxembourg’s already comprehensive double tax treaty network has been expanded, by the entry into force of a new double tax treaty with Kosovo. The double tax treaty between Kos
Jan 01, 2020
Liquidity Risk Management | CSSF Circular 19/733
On 20 December 2019, the CSSF published Circular 19/733 on liquidity risk management for open-ended undertakings for collective investment (the "Circular").