WebAug 24, 2024 · The new CSSF circular 18/698 has been expanded; it now applies to both UCITS management companies and alternative investment fund managers, as well as management companies subject to chapters 16 and 17 of the Law of 17 December 2010 relating to undertakings for collective investment. It sets out the fundamental governance … Web26. An ICAI rapid review of the PF in 2024 was followed up in 2024, with the latter noting slow improvements regarding transparency on spending and results.15 There are now calls for greater access to NSC strategies and greater transparency of publication reports and annual reviews covering both the CSSF and the PF.16
2024-2024
WebFY 2024-2024 CSSF Annual Report 10. We will prioritize programs that are aligned with Council Goals & Priorities for 2024 -2024 including: a. [Grow] family-focused, transitional, affordable housing b. Promote paths to employment for at risk youth c. Eliminate housing discrimination on racial or ethnic grounds d. WebDec 23, 2024 · The CSSF budget is agreed as part of a multi-year cycle, a factor which the regulator said in its 2024 annual report allows it to guarantee "the financial balance of the CSSF in the long term". The regulator is not financed by the public purse and its revenues are mainly composed of the taxes collected from supervised entities. min in array c++
New external AML/CFT report - CSSF Circular 21/788 - EY
WebFeb 13, 2024 · AML/CTF external report Scope. The CSSF AML/CFT external report, set out in article 49 of RCSSF 1202, applies to all Luxembourg IFMs as defined in CSSF Circular 18/698. ... for the management letter that Réviseur d’Entreprises Agréés should prepare and issue annually as part of the annual accounts for UCIs and IFMs. WebDec 23, 2024 · Scope and timeline. O n 22 December 2024, the CSSF issued Circular 21/789 (the “Circular”) with respect to practical rules Investment Fund Managers (“IFMs”) and their independent auditors should comply with when completing the newly introduced annual self-assessment questionnaire, long form report and management letter.. The … WebUCIs are authorized by the CSSF to apply de minimis rules to the amounts to which individual investors can pretend (in order to avoid that investors who have a right to be paid lesser amounts, end up with no real benefit because of bank charges) min in array verilog