JD Supra

CSSF Circular 25/901: A simplified and modernized framework for Part II UCIs, SIFs and SICARs with proportionate protections per investor-type

The CSSF’s Circular 25/901 (Circular) consolidates and modernizes the supervisory framework for Luxembourg SIFs, SICARs and Part II UCIs. It replaces several longstanding circulars and codifies CSSF ...
JD Supra

CSSF Circular 26/906: A Consolidated Framework For Governance And Risk Management In Payment And E-Money Institutions - Effective Governance Has Become Essential As The Payment ...

The Commission de Surveillance du Secteur Financier (CSSF) published its new CSSF circular 26/906 on central administration, internal governance and risk management (Circular) applicable to payment ...