UCI administrator

  • Circular CSSF 24/856 Feedback Report: Where Notifications Fell Short

    On 5 October 2026 the CSSF published its first feedback report on Circular CSSF 24/856, the circular that has governed since 1 January 2025 how Luxembourg UCIs and their investment fund managers (IFMs) correct and notify NAV calculation errors, breaches of investment rules and a new class of “other errors”. The report works through the…

  • CSSF Tokenisation FAQ: Control Agents, Fund Registrars and DORA

    On 2 October 2026 the CSSF published version 1 of its FAQ on tokenisation, a nine-page document with six questions about Luxembourg investment funds that issue units or shares on a distributed ledger and about the control agents created by Blockchain Law IV. The CSSF tokenisation FAQ splits its answers evenly: three for fund managers…