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CSSF European Union Investors

A&O Shearman

CSSF introduces new system to replace current VISA stamp procedure

A&O Shearman on

This new system aims to modernise administrative procedures, enhance efficiency while ensuring robust investor protection standards. The CSSF also seizes this opportunity to introduce a list of amendments to the prospectus,...more

Proskauer - Regulatory & Compliance

Luxembourg CSSF Introduces First Sanction Regarding SFDR

On 15 October 2024, the Luxembourg Commission de Surveillance du Secteur Financier (the “CSSF”) imposed a fine of EUR 56,500 against a fund manager, Aviva Investors Luxembourg S.A. (the “Manager”), with regards to the...more

A&O Shearman

Third country firms providing investment services on a cross-border basis – challenging times

A&O Shearman on

One of the consequences of the implementation of MiFID II into Luxembourg law is the creation of a new regime for third country firms providing investment services. This new regime is distinct from the regime that is in place...more

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