Audit Regulators in Australia and in Luxembourg Enter Into Cooperative Agreement

The Australian Securities and Investments Commission and Luxembourg’s Commission de Surveillance du Secteur Financier (“CSSF”) have signed a Memorandum of Understanding that sets the stage for cooperation with regard to the oversight of statutory auditors.

The press release is available in English on the CSSF website

CSSF Press Release 17/05 Regarding the Global Situation of Undertakings for Collective Investment at the End of November 2016

CSSF press release 17/05 of 26 January 2017 outlines the global situation of undertakings for collective investment as at the end of November 2016.

The press release is available in English on the CSSF website

ALFI Launches Working Group in Singapore to Strengthen Cooperations Between the Singapore and Luxembourg fund Industries

The Association of the Luxembourg Fund Industry (ALFI) extended its presence in South East Asia by launching a new working group, which will promote increased collaboration and closer relationships between the fund management industries in Luxembourg and Singapore.

The press release outlining the key items is available in English on the ALFI website

ALFI Responds to the European Banking Authority on "Designing a New Prudential Regime for Investment Firms"

In its response to the European Banking Authority (EBA) consulation, ALFI highlights the key items for a new prudential regime for investment firms.

The ALFI response to the EBA discussion paper is available in English on the ALIF wesbite