Regulatory Alerts2026-06-22
Added · Updated
CSSF Circular 26/913 on Application of EBA Guidelines on Ancillary Services Undertakings
The Luxembourg CSSF has integrated the EBA Guidelines on ancillary services undertakings into its administrative practice to ensure supervisory convergence regarding prudential consolidation. This circular mandates that Less Significant Institutions and CRR investment firms in Luxembourg comply with the criteria for identifying activities that constitute a direct extension of banking or are ancillary to banking. The requirements apply with immediate effect to ensure consistent risk assessment and capital adequacy across the EU banking sector.
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