WebJul 20, 2024 · On 15 June 2024, the Luxembourg financial regulator (CSSF ) updated its Frequently Asked Questions (“FAQ”) on PFS granting of loans to the public. The CSSF considers that loans are not granted to the public where: They are granted to a limited circle of previously determined persons; or. The nominal value of a loan amounts to EUR … WebThe CSSF’s FAQs related to the Circular on outsourcing arrangements provide insightful clarifications on prior notification process. Amendments or repeal of certain CSSF Circulars. As of 30 June 2024, CSSF will amend the Circulars CSSF 12/552 as amended, CSSF 20/758 as amended, IML 95/120, IML 96/126, IML 98/143 as amended, CSSF 04/155.
New CSSF Feedback Report for UCITS costs and fees supervision
WebDec 7, 2024 · 2/4. Circular CSSF 20/757. Re: Introduction of Circular CSSF 20/758 on central administration, internal governance and risk management, and repeal of Circular. CSSF 12/552 for investment firms (as amended by Circulars CSSF 13/563, 14/597, 16/642, 16/647, 17/655 et 20/750) on central. administration, internal governance and risk … WebSep 10, 2024 · Laurent de la Vaissièr de la Vaissière, Partner . 10 September 2024. 2 min read. On 25 August 2024, the CSSF published Circular 20/750 implementing the EBA Guidelines on ICT and security risk management in Luxembourg. These guidelines establish a consistent approach to the mitigation and management of these risks in all EU countries. how much should you pay minister for wedding
Update of the CSSF FAQ concerning PFS and loan origination activities …
WebApr 22, 2024 · Long awaited CSSF Circular 22/806 transposing in Luxembourg the revised EBA Guidelines on outsourcing arrangements (EBA/GL/2024/02), has just been published. Scope of application While the EBA/GL ... WebJan 4, 2024 · On August 25, 2024, the Commission de Surveillance du Secteur Financier (CSSF) introduced and published a new circular (CSSF 20/750). This circular is … WebOct 27, 2024 · O. n 18 December 2024, CSSF Circular 20/764 implemented the European Securities and Markets Authority (“ESMA”) Guidelines on performance fees in UCITS [1] and certain types of AIFs [2] into the Luxembourg framework (“the Guidelines”). The Guidelines became applicable as from 6 January 2024 for all undertakings for collective investment ... how much should you put down on a car reddit