CSSF

  • Directive 2024/825 in Luxembourg: The 27 September Greenwashing Rules

    Directive 2024/825 applies in Luxembourg from Sunday 27 September 2026. On 23 September the CSSF published a two-paragraph communication reminding market participants that Directive (EU) 2024/825, known as the ECGT Directive on empowering consumers for the green transition, has been transposed by the Law of 9 June 2026 amending the Consumer Code. The CSSF expects…

  • 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…

  • Benchmark Administrator Authorisation: Luxembourg IFMs and BMR Reform

    On 17 September 2026 the CSSF published Version 1 of a single application form, an Excel workbook, for a Luxembourg investment fund manager seeking benchmark administrator authorisation or registration under the EU Benchmarks Regulation, Regulation (EU) 2016/1011. The document names the two populations it is written for: alternative investment fund managers and management companies authorised…

  • CSSF B 2.5 B and B 2.5 E Reporting: Luxembourg Staff Costs and Taxes

    Once a year, credit institutions within scope report the CSSF’s B 2.5 national return. The survey uses sub-template B 2.5 B for staff expenses and sub-template B 2.5 E for taxes, with B 2.5 E populated only in accounting version L. The CSSF calls the pair its Survey on staff expenses and taxes. The tables…

  • EuReCA Reporting: CSSF Names AMLA in Joint Controllership Update

    On 11 September 2026, the Commission de Surveillance du Secteur Financier (CSSF) reissued its statement on the EuReCA joint controllership arrangement, and the edit is narrow on the page but material underneath it: every reference to the European Banking Authority (EBA) is now a reference to the Authority for Anti-Money Laundering and Countering the Financing…

  • CSSF Prudential Reporting for PIs, EMIs and CASPs: The Move to eDesk

    From 1 April 2027, a Luxembourg payment institution or electronic money institution still using the current Excel-based reporting process, or a crypto-asset service provider authorised under Article 63 of MiCAR, must submit the reports covered by the new CSSF prudential reporting framework through eDesk; the previous reporting process for those reports will be discontinued. On…

  • CSSF Circular 26/915: DORA Circulars Re-Mapped for Third-Country Branches

    On 27 August 2026 the CSSF published Circular 26/915, and it applies with immediate effect. Circular CSSF 26/915 updates the Luxembourg ICT and outsourcing circular framework following the European Commission position on DORA’s applicability to third-country branches. It removes the TCB categories within the CSSF’s remit from the relevant pre-DORA circular provisions and maps them…

  • DORA for Third-Country Branches in Luxembourg: Circular CSSF 26/915

    On 27 August 2026 the CSSF issued Circular CSSF 26/915, applicable with immediate effect, to bring specified third-country branches into the CSSF circular framework for DORA. For Luxembourg purposes, the governing scope is the branch perimeter set out in Circular CSSF 26/915 and in each amended circular; the change is not a blanket head-office-only test…

  • 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…

  • BCL Financial Stability Review 2026: The Luxembourg Risk Map

    On 21 August 2026 the Banque centrale du Luxembourg published its Financial Stability Review 2026, the central bank’s annual read on the systemic risks running through the Grand Duchy’s banks, insurers and investment funds. The BCL Financial Stability Review 2026 was closed editorially on 12 June 2026, and the most recent figures in it are…