Audit & Assurance newsletters
Maximizing Internal Audit’s impact - ORSA process
In April 2024, the European Parliament has adopted the review of Solvency II Directive text, which is set to come into force in 2026, aimed to make the insurance industry more resilient.
Read moreNew CSSF circulars for IFMs and UCIs reporting - January 2022
On December 22, 2021, the CSSF issued 3 new circulars for IFMs and UCIs prudential reporting requirements.
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Focus on IFRS - what the issuers should consider while preparing their new set of financial statements for next year end
FAQ CSSF - AML/CTF Clarification
We are glad tho share with you our December newsletter on the FAQ CSSF - AML-CTF topic.
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CSSF EMIR - Impact on AIFM and UCITS ManCos
EMIR scrutiny, phase 2
Luxembourgish IFMs trading derivatives have been subject to increased scrutiny by the CSSF since August 2018. On 14 October 2019, the CSSF presented its conclusions from its EMIR monitoring and oversight questionnaire. These conclusions highlighted the main weaknesses for IFMs in the Luxembourg. The CSSF will now begin to assess the compliance with EMIR requirements as well as act to improve the data quality of trades reported.