Regulatory Alerts2024-02-06
Circular CSSF 24/853: Practical Rules for Investment Firms' Long Form Report and Statutory Auditor Missions
The Commission de Surveillance du Secteur Financier issued Circular CSSF 24/853, as amended by Circulars 25/870 and 26/904, to establish practical rules for the Long Form Report submitted by investment firms. This regulation mandates the completion of a self-assessment questionnaire and defines the specific missions and reporting obligations of approved statutory auditors within these entities. The updated framework ensures compliance with supervisory requirements regarding the role of réviseurs d’entreprises agréés in investment firm governance.
Share