Regulatory Alerts2022-12-27
Circular CSSF 22/827 — Update of Circular CSSF 07/325 on EU credit institutions and investment firms in Luxembourg
The Commission de Surveillance du Secteur Financier issued Circular CSSF 22/827 to update the regulatory framework governing credit institutions and investment firms of EU origin operating in Luxembourg via branches or the free provision of services. This circular amends Circular CSSF 07/325, as previously modified by Circular CSSF 21/765, to ensure compliance with current supervisory standards for these cross-border entities. The update reinforces the specific provisions applicable to these institutions regarding their establishment and activity execution within the Luxembourg jurisdiction.
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