Regulatory Alerts2025-07-31
CSSF Regulation N° 25-03 of 25 July 2025 Relating to the Activity of Issuing Covered Bonds
The Commission de Surveillance du Secteur Financier issued Regulation N° 25-03 on 25 July 2025 to govern the activity of issuing covered bonds. This regulation establishes the specific regulatory framework and requirements applicable to credit institutions engaging in covered bond issuance. It operates in conjunction with related circulars, including CSSF 26/907 regarding approved statutory auditors and CSSF 25/895 concerning information transmission obligations.
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