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CSSF modernises regime for fund administrators

Submitted by raymond.frenke… on Wed, 25 May 2022 - 06:00
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Fund administrators active in Luxembourg will be required to produce an annual report on their governance and internal organisation from next year onwards as part of a long-awaited effort by financial supervisor CSSF to modernise a 30-year old supervisory framework in this field.

Home to €5.86tn in global assets

Submitted by raymond.frenke… on Fri, 28 Jan 2022 - 14:39
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The Grand Duchy of Luxembourg was home to a record EUR5.86 trillion in global financial assets at the end of last year, according to new data released on Friday by the country’s financial supervisor CSSF. That is up 17.8 percent from the end of the previous year.

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