Cssf regulatory update
WebDec 14, 2024 · 1. According to the CSSF’s website, a separate FAQ on virtual assets for credit institutions is to be published in the second half of December 2024. 2. Such as the upcoming European Markets in Cryptoassets Regulation. 3. Law of 12 November 2004 on the fight against money laundering and terrorist financing, as amended. 4. WebApr 11, 2024 · CSSF updates its FAQ on virtual assets. On 6 April 2024, the Luxembourg Commission de surveillance du secteur financier (the CSSF) updated its FAQ on Virtual Assets for UCIs. The CSSF clarified that a Luxembourg IFM does not need to be licensed to manage virtual assets in case its AIFs only indirectly invest in virtual assets through one …
Cssf regulatory update
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WebApr 12, 2024 · The CSSF states that it will continue to monitor IFMs’ compliance with the sustainability-related provisions as set out in SFDR, the RTS and Taxonomy Regulation. In so doing, the CSSF reiterates that it will take due consideration of the principles and guidance laid down in ESMA’s Supervisory Briefing on Sustainability risks and … WebMay 17, 2024 · On May 24, 2024, the Economic Growth, Regulatory Relief, and Consumer Protection Act (the “Economic Growth Act” or “the Act”) was signed into law (Pub. L. 115 …
WebMar 15, 2024 · On 13 March 2024, the CSSF published an updated version of its FAQ about Regulation (EU) 2024/2088 on sustainability-related disclosures in the financial services … WebJun 1, 2024 · The CSSF makes no difference between delegation and externalization or outsourcing which are in scope of the Circular’s delegation requirement; ... considering the evolution of business and regulatory updates, and assessed and reviewed at least annually; KPIs/KRIs should be in place and consider the services rendered, the number …
WebApr 5, 2024 · CSSF Regulation Published on 31.03.2024 CSSF Regulation No 23-01 of 31 March 2024 (only in French) on the setting of the countercyclical buffer rate for the … The Commission de Surveillance du Secteur Financier is a public institution … The CSSF is the competent authority in charge of the supervision of compliance … WebMar 15, 2024 · Context. On 13 March 2024, the CSSF published an updated version of its FAQ about Regulation (EU) 2024/2088 on sustainability-related disclosures in the financial services sector (SFDR). In this revision, the CSSF (i) updates the list of “Key European and CSSF publications” in relation to the SFDR and (ii) adds three new questions ...
WebAug 6, 2024 · The Financial Services Compliance and Regulation practice of Kroll provides updates from the French financial regulator Autorité des marchés financiers (AMF) and …
WebApr 12, 2024 · On 13 March 2024, the CSSF updated the FAQ11 to include new questions relating to (1) use of ESG and/or sustainability related terminology in fund names, and … how many calories are in apple slicesWebNov 28, 2024 · On the 10th of June 2024, the Commission de Surveillance du Secteur Financier (“CSSF”) updated its FAQs on the Law of 12 July 2013 on Alternative Investment Fund Managers, as amended (the ... how many calories are in aquafina waterWebAug 6, 2024 · 1. PRIIPS / UCITS: no EC RTS update, UK-KID consultation continues. Following the European Commission’s (EC) “legal quick fixes” to extend the revised PRIIPS KID application and UCITS grandfathering exemption until 30 June 2024, there is no news to report on their legal adoption of the European Supervisory Authorities (ESAs) draft RTS ... high quality labor forceWebNov 16, 2024 · On 3 November 2024, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembourg law of 17 December 2010 relating to undertakings for collective investment ("FAQs on UCI Law"), and (ii) its FAQs on Regulation (EU) 2024/1131 on money market funds ("FAQs on MMF … high quality kitten proof couchWebOct 29, 2024 · AML Luxembourg legislation and CSSF regulation further amended with immediate effect. On 20 August 2024, two pieces of legislation amending the applicable AML/CFT legal and regulatory framework were published: Grand-ducal Regulation of 14 August 2024 amending Grand-ducal Regulation of 1 February 2010 providing details on … how many calories are in apple ciderWebApr 11, 2024 · 31 March 2024 - CSSF Regulation on the setting of the countercyclical buffer rate for the second quarter of 2024 Administrative penalty of 24 January 2024 30 … high quality kpop photocard scansWebOct 6, 2024 · On 24 September 2024, the CSSF released its Circular 21/782 which (i) provides information on the EBA Guidelines (the “GL”) on customer due diligence (the … how many calories are in an outshine popsicle