Supervision

The UK’s financial supervisor has found more shortcomings in the asset management industry in regards to sustainable investment funds ahead of its publication of more stringent anti-greenwashing rules.  

À partir de 2025, les autorités de régulation financière européennes porteront une attention particulière aux cyberrisques et à la résilience numérique, a annoncé l’Autorité européenne des marchés financiers (AEMF). Le sujet a été ajouté en tant que priorité globale pour les régulateurs des États membres de l’UE.

Adler Group SA,  a Luxembourg-based real estate company active in Germany with a listing on the Frankfurt Stock Exchange, has been fined 30,000 euro by Luxembourg’s financial supervisor CSSF because it has not deposited an audited annual financial report for 2022.

Adler, as a Luxembourg firm, is subject to the country’s transparency law, CSSF said in a statement issued on Monday. Adler did not respond to a request for comment.

Luxembourg’s financial supervisor CSSF has stopped using X, formerly known as Twitter, as one of its communications channels on social media, referring to the increasing circulation of false information on the platform.

Selon des sources proches des discussions, les régulateurs européens, notamment à Paris et au Luxembourg, peinent à s’accorder sur les normes réglementaires et techniques pour la mise à jour du régime des Fonds Européens d’Investissement à Long Terme, connu sous le nom d’Eltif 2.0.

The Luxembourg bar association ia applying a form of shock therapy to lawyers taking a laissez-faire view of anti-money laundering and terrorist financing laws, but its disciplinary body has nevertheless found a loophole allowing it to continue this country’s tradition of not publicly identifying the guilty.

The European Securities and Markets Authority, or Esma, on Thursday announced that from 2025, cyber risk and digital resilience in Europe’s securities sector will take precedence alongside ESG reporting in terms of overarching priorities for the supervisors in EU member states.

Les propositions de modification des règles de l’UE concernant les fonds d’investissement alternatifs ont survécu sans trop de dommages aux discussions techniques à Bruxelles. Le résultat de ces discussions de « niveau 1 » signifie que la révision des directives AIFMD et OPCVM est à nouveau en bonne voie pour être achevée prochainement.

Luxembourg, a hub for global finance, has seen a significant uptick in alerts on questionable transactions that could signal money laundering or even finance terrorism.

The Luxembourg Ucits market, a cornerstone of the European investment landscape, demonstrated both its strength and vulnerability in the face of 2022’s economic turbulence, with fund managers navigating increased market and credit risks, while maintaining prudent leverage and liquidity management.