Luxembourg CSSF published FAQ concerning swing pricing mechanism On 30 July 2019, the Commission de Surveillance du Secteur Financier (CSSF) published a FAQ on the topic of the swing pricing mechanism. The principles outlined below apply to all regulated funds in Luxembourg (UCITS, UCI part II, SIF) which implement the swing pricing mechanism (hereafter “UCI”). […]

PANAMA PAPERS The Commission for the Supervision of the Financial Sector (CSSF) has taken note of the “Panama Papers” by the International Consortium of Investigative Journalists. The CSSF will continue to request that Luxembourg banks and investment firms thoroughly follow their professional obligations, specifically with regards to the prevention of money laundering and will draw the appropriate consequences […]