Regulatory Alerts2016-12-05
CSSF Regulation No 16-13 on Reporting Infringements of the Law of 23 July 2016 and Regulation (EU) No 537/2014
The Commission de Surveillance du Secteur Financier issued Regulation No 16-13 to establish procedures for reporting infringements of the Law of 23 July 2016 concerning the audit profession. This regulation implements specific requirements regarding statutory audits of public-interest entities as mandated by Regulation (EU) No 537/2014. It defines the obligations and mechanisms for detecting and reporting violations within the Luxembourg audit sector to ensure regulatory compliance.
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