Evolution of the assets managed (in € billions) by IFM type. The cross-border activities presented in the above chart correspond to IFMs established in another EU Member State and managing Luxembourg-based UCITS or AIFs under Article 119 of the 2010 Law and/or Article 33 of the 2013 Law. Web2 below, it is acceptable that the RC is located outside of Luxembourg, if the IFM and its relevant staff member acting as RC are not domiciled in Luxembourg. 2. For Investment Fund Managers supervised by the CSSF for AML/CFT purposes : The following rules are general rules, these may however need to be adapted on a case-case basis since it is -by
CSSF gives additional clarification on investment funds …
WebFeb 13, 2024 · The CSSF introduces a new reporting requirement, known as the separate report, to be completed by the IFM’s Réviseur d’Entreprises Agréé on the eDesk … WebJan 13, 2024 · It provides clarifications on the new CSSF AML/CFT external report (AML/CFT External Report) that must be drawn up by an "external AML/CFT expert" in accordance with the CSSF Regulation No 12-02. ... In case of withdrawal or deletion of the IFM or UCI from the official list, submission of the SAQ covering the period starting from … how to solve a 3x3 youtube
New external AML/CFT report - CSSF Circular 21/788 - EY
WebJul 26, 2024 · News. CSSF clarifies MiFID application to Luxembourg investment fund managers. On 10 June 2024, the Luxembourg Financial Sector Supervisory Authority (the CSSF) has issued new versions of (i) its frequently asked questions ( FAQs) relating to the Law of 17 December 2010 on undertakings for collective investment (the 2010 Law) and … WebCSSF is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms CSSF - What does CSSF stand for? The Free Dictionary WebDec 24, 2024 · Luxembourg investment funds managed by a Luxembourg IFM or a foreign IFM are excluded from the scope of the Circular, however the CSSF expects that the réviseur d’entreprises agréé (‘independent auditor’) of such funds will perform AML procedures set out in CSSF Regulation 12-02, as amended. novatherm wien