WebOct 29, 2024 · The Regulation n°2024/2033 on the prudential requirements of investment firms (“IFR”) This package introduces: 3 classes of investment firms categorized as: ... WebJan 14, 2024 · CSSF Introduces New Reporting Requirements. 14 January 2024. by Anne-Gaelle Delabye (St Helier) and Virginie Gonella (Luxembourg) Ogier. Your LinkedIn Connections. with the authors. On 22 December 2024, the Luxembourg Financial Sector Supervisory Authority ( CSSF) published three circular letters, clarifying existing reporting …
CSSF FAQ on CSSF Circular 02/77 EY Luxembourg
Webfirms under IFR” or “IFR IF”) to specific reporting requirements that are proportiona te to the relative size, nature or complexity of their business model or risks. Accordingly, Class 3 … WebJan 6, 2012 · These are just a few examples and there are many, many more. Currently, we have 4 leagues in our section that are testing CIFSSHome to make sure we get a … cummings safety bridgewater
Changes to Luxembourg Reporting Requirements - Maples
WebApr 12, 2024 · Context. On 22 December 2024, the Commission de Surveillance du Secteur Financier (CSSF) published Circular 21/790 (“the Circular”) that introduced new regulatory reporting obligations for Undertakings for Collective Investments (UCIs). The Circular aimed to: Enlarge the scope of regulated entities that are under CSSF supervision; WebPublication of Circular CSSF 21/773 on the management of climate-related and environmental risks in the banking sector. ... (EU) 2024/2033 on the prudential … WebThe IFR / IFD prudential framework includes the following elements: Pillar 1 requirements include minimum regulatory capital, liquidity buffer and concentration risk limits (Class 3 firms will be partially exempted from … cummings sales and service st johns