WebAug 6, 2024 · Regarding the general regulations, article 424-3 has been amended to give the possibility of subscription of employee investment undertakings units by insurers in addition to employees. ... CSSF applied the ESMA guidelines on the reporting under Articles 4 and 12 SFTR April 13 On April 13, the CSSF published a Circular CSSF 21/770 … WebFeb 13, 2007 · The second, CSSF Regulation 15-08 (the SICAR Regulation), relates to conflicts of interests requirements for certain investment companies in risk capital (SICARs). The Regulations will come into force on 01 February 2016, although a transitional period to 31 March 2016 is permitted for existing SIFs and SICARs.
New CAA AML/CTF Regulation - Money Laundering - European Union - Mondaq
WebDec 31, 2024 · CSSF. December 23, 2024. Regulation CSSF n°21-04 of November 22, 2024 on systemically important institutions (SIIs) authorized in Luxembourg ... 2024 amending CSSF Regulation No 12-02 of December 14, 2012 on the fight against money laundering and terrorist financing ... As defined by article 1 (20b) of the law of November … WebMar 9, 2024 · In a frequently-asked questions document issued on November 25, 2024, Luxembourg’s Financial Sector Supervisory Authority (CSSF) has clarified the roles and responsibilities of the two individuals in charge of compliance with Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) controls for Luxembourg investment … how to strengthen your hippocampus
AML Legislation: Amendments - Money Laundering - Luxembourg - Mondaq
WebOct 5, 2024 · October 5, 2024 ManCos. Some weeks ago, the Commission de Surveillance du Secteur Financier (CSSF) issued the circular 18/698 (replacing circular 12/546) defining the conditions to obtain and maintain the authorisation for Investment Fund Managers (IFM) under Luxembourg law. Presented in one single extensive document, the circular clarifies ... WebSep 11, 2024 · Luxembourg September 11 2024. Regulations amending CSSF Regulation N°12-02 and Grand Ducal Regulation of 1 February on the fight against money … WebMar 18, 2024 · The CSSF reminds that professionals need to comply with the 2024 Law, and with the CSSF Regulation 12-02 on the fight against money laundering and terrorist financing as modified (CSSF Regulation 12-02) as well as consider the UN and European regulatory framework regarding financial restrictive measures which are directly … reading book cover design