On 10 February 2025, the law of 6 February 2025 regarding, notably, digital finance was published in the Official Journal of Luxembourg (the “Law”)....more
2/14/2025
/ AML/CFT ,
Anti-Money Laundering ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
EU ,
Financial Services Industry ,
FinTech ,
Luxembourg ,
Market Participants ,
Regulatory Requirements
Digital Operational Resilience Act (DORA) aims to harmonize provisions related to cybersecurity and information and communication technology (ICT) risk management in the financial sector. Its scope covers nearly all entities...more
1/17/2025
/ Compliance ,
CSSF ,
Cybersecurity ,
Data Protection ,
Digital Operational Resilience Act (DORA) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Information and Communication Technology (ICT) ,
Information Technology ,
Luxembourg ,
Regulatory Requirements ,
Risk Management
On 13 December 2024, the Commission de Surveillance du Secteur Financier (CSSF) published the first FAQ to assist professionals in the investment sector supervised, authorised, or registered by the CSSF in complying with...more
1/17/2025
/ AML/CFT ,
Anti-Money Laundering ,
Compliance ,
Due Diligence ,
Financial Crimes ,
Financial Services Industry ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
Luxembourg ,
Money Laundering ,
Popular ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management
On December 19, 2024, Luxembourg adopted Blockchain Law IV, a landmark legislative move aimed at strengthening the legal framework for blockchain in the financial sector. ...more
With the arrival of the Regulation on Digital Operational Resilience (DORA) and the Network and Information Security 2 (NIS2) Directive, the security of information systems and the protection of critical infrastructures have...more
12/2/2024
/ Compliance ,
Critical Infrastructure Sectors ,
Cyber Threats ,
Cybersecurity ,
EU ,
EU Directive ,
France ,
Luxembourg ,
Member State ,
New Regulations ,
Risk Management ,
Risk Mitigation
On September 19th, 2024, the CSSF published its 2023 annual report, highlighting key regulatory challenges, particularly in the realm of crypto-assets following the implementation of the Markets in Crypto-Assets Regulation...more
9/25/2024
/ AML/CFT ,
Annual Reports ,
Banking Sector ,
Consumer Financial Products ,
Consumer Protection Laws ,
Cross-Border Transactions ,
Cryptoassets ,
EU ,
European Supervisory Authorities (ESAs) ,
Financial Action Task Force ,
Financial Markets ,
Luxembourg ,
New Regulations ,
Prudential Standards ,
Regulatory Oversight ,
Securities Tokens ,
Supervision
On 24 July 2024, the Ministry of Finance proposed Blockchain Bill IV, which will offer greater flexibility and legal certainty for issuers using Distributed Ledger Technology (DLT). The Bill will update three of Luxembourg’s...more