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…
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…
On 21 July 2026 the CSSF published Version 5 of its FAQ on the Sustainable Finance Disclosure Regulation, and the whole revision sits in one question. Section II, Question 1 now sets out how a Luxembourg fund manager must handle changes to the Article 8 and 9 SFDR RTS precontractual templates that live inside a…
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…
On 15 July 2026 the CSSF updated the two forms a Luxembourg fund manager reaches for when it closes a branch it had opened in another Member State: the CSSF branch termination annex under Article 33 of Directive 2011/61/EU (AIFMD), and its counterpart under Article 17 of Directive 2009/65/EC (the UCITS Directive). Both moved to…
On 14 July 2026 the Financial Conduct Authority opened three linked consultations that together make up its asset management reform package, a set of proposals the regulator estimates would save UK asset managers around £128m a year. The three papers cover fund reporting, the alternative investment fund manager regime, and the remuneration rules that apply…
A UCITS merger submitted to the CSSF without the required Article 67 information is not a complete application. The CSSF UCITS merger forms now sit at the front of that process, and the decision clock the regulator runs against your file only starts once the file is judged complete. Get the package wrong and you…
Value an illiquid asset wrong and the error does not stay contained. It feeds straight into the net asset value, into the price at which investors subscribe and redeem, and sometimes into a modified audit opinion. The CSSF illiquid asset valuation review, published on 4 June 2026, sets out where Luxembourg fund managers fall short…
Open the wrong remuneration file in a Luxembourg fund house and you can lose a week building a return nobody asked for. The CSSF updated its User Guide for remuneration reporting page on 3 June 2026, and the title alone sends fund teams down the wrong road. CSSF remuneration reporting, as that guide defines it,…
DORA (Regulation (EU) 2022/2554) has been live since 17 January 2025. For Luxembourg fund administrators, UCITS management companies, and AIFMs, the question is no longer whether it applies to you. It does. The question is whether your implementation actually covers what the CSSF expects, or whether you have gaps disguised as compliance. Treating DORA as…