2025-12-16
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 25/900 to amend Circular 22/811 regarding the authorisation and organisation of entities acting as UCITS management company administrators. This regulatory update, published on 16 December 2025, modifies the operational and compliance requirements for entities performing administrative functions for Undertakings for Collective Investment. The amendment ensures that the regulatory framework governing UCI administrators remains aligned with current supervisory standards and organisational obligations.