WebThe Luxembourg regulator, the CSSF, announced a policy change for investment by UCITS in other UCIs under Article 41(1)(e) of the Luxembourg Law of 17 December 2010 (the … WebAug 23, 2024 · CSSF press release. Summary. The CSSF confirms that MiFID II rules2 apply in relation to discretionary portfolio management services, investment advice and marketing. The CSSF confirms its view that delegate IFMs and third party delegates do not benefit from the MiFID exemption when they perform one or several functions included in …
CSSF Regulatory Update—Second Quarter 2024 - Kroll
WebThe previous CSSF Press Releases on the topic (i.e. Press Releases 19/05, 19/18, 19/33, 19/34, 19/41, 19/43, 19/48 and 19/54 regarding the transitional regime under the laws of 8 April 2024 on Brexit (the “Brexit Laws”)) were issued on the assumption of the loss of passporting rights for impacted UK entities, namely on the assumption of a ... WebMar 7, 2013 · Beyond the submission of the authorisation application, firms will be subject to additional legal requirements comprising compliance with the CSSF’s requirements regarding their structure, administration and internal controls, periodic reporting to the regulator, including the annual long form report, and a mandatory annual audit if the firm ... flongle minion
Approval for UK Firms to be granted by professional investors
WebOct 25, 2024 · CSSF press release: Update in relation to the requirement to submit liquidation period extension requests for funds in non-judicial liquidation. Authors. Nicolas Bannier. EY Luxembourg Wealth & Asset Management Partner. Leading the development and coordination of the clients’ relationship with several key Luxembourg domiciled players. WebDec 8, 2024 · This press release follows the CSSF Press Release 17/08 dated 16 February 2024 whereby the CSSF informed interested third parties of its intention to take certain decisions (the “Contemplated Decisions”) regarding Orco Property Group S.A. (“OPG”) within the context of an investigation carried out by the CSSF in relation to the … WebCircular CSSF n° 18/679 Update of Circular n° 08/337 on Obligations of Issuers of Listed Securities under the Transparency Law 36 CSSF Circular 18/684 AMLD 4 36 CSSF Press Release 18/02 Change of Regulatory Practice for Investment by UCITS in Other Open-Ended UCIs 36 ALFI Q&A on MiFID2 Impact on Investment Funds 38 ... great lines in songs