Regulatory Alerts2019-04-10
Circular CSSF 19/716 (as amended by Circular CSSF 20/743) — Provision in Luxembourg of investment services or performance of investment activities and ancillary services in accordance with Article 32-1 of the LFS
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 19/716, subsequently amended by Circular 20/743, to regulate the provision of investment services and performance of investment activities in Luxembourg under Article 32-1 of the Law of 12 July 2005 on the financial sector. This regulatory framework establishes the specific conditions and requirements for entities seeking to operate within the Luxembourg jurisdiction while adhering to the relevant provisions of the LFS. The amendments introduced in 2020 refine these operational standards to ensure continued compliance with national financial regulations.
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