Regulatory Alerts2025-05-21
Added · Updated
CSSF Circular 25/891: Application of ESMA Guidelines on Suitability and Periodic Statements for Crypto Portfolio Management
The CSSF integrates the European Securities and Markets Authority Guidelines on suitability requirements and periodic statement formats for portfolio management activities under the Markets in Crypto Assets Regulation into its administrative practices and regulatory approach. This circular applies to crypto-asset service providers, as defined in Article 3(1)(15) of Regulation (EU) 2023/1114, where they provide advice on crypto-assets or portfolio management of crypto-assets. The circular and the attached Guidelines apply as from 25 May 2025.
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