AIFMD II

  • CSSF LMT Activation Module: Notifying a Redemptions-Only Suspension

    On 18 September 2026 the CSSF told the Luxembourg investment fund industry that, as from 21 September 2026, the activation and deactivation of a suspension of redemptions only must be notified through the eDesk “LMT activation” module. The change reaches Luxembourg-domiciled undertakings for collective investment governed by the Law of 17 December 2010, specialised investment…

  • CSSF Fund Notification Forms: Filing Under Circular 25/894

    On 25 August 2026 the CSSF refreshed the CSSF fund notification forms that Luxembourg investment fund managers use to tell the regulator which non-authorised funds they run. The initial and update templates for UCITS and for AIFs, in both a with-compartments and a without-compartments version, now carry a 25 August 2026 revision date on the…

  • AIFMD II Passport Notifications: New CSSF Templates From 31 July

    From 31 July 2026, a Luxembourg UCITS management company or authorised AIFM that notifies a cross-border management activity has to use a new set of forms. On 30 July 2026 the CSSF published updated notification-letter templates and confirmed that the earlier versions stop being valid the next day. The same cut-off applies to the eDesk…

  • ESMA Risk Management Function CSA: The 2026-2027 Supervisory Review

    On 3 July 2026, ESMA told every UCITS management company and alternative investment fund manager in the European Union that their risk management function is next in line for coordinated scrutiny. The announcement launched a Common Supervisory Action, an exercise ESMA will run with national competent authorities throughout 2026 and 2027, with a final report…