Circular CSSF 15/617: Future national resolution fund

Article

Circular CSSF 15/617: Future national resolution fund – Information requirements for the calculation of the 2015 contribution

July

BRRD

The Commission de Supervision du Secteur Financier (CSSF) has issued CSSF Circular 15/617 on 7 July 2015, regarding information requirements for the calculation of the 2015 contribution to the future national resolution fund to be paid by the Luxembourg credit institutions with the exception of branches of credit institutions that are not established in the European Union.

The CSSF has requested credit institutions to provide certain information, which are not contained in their financial, and the prudential reporting.
CSSF Circular 15/617 contains in its annex a spreadsheet including explanatory notes, which needs to be completed by the credit institutions. This spreadsheet needs to be approved by a member of the authorised management of the credit institution and then submitted to the CSSF at the latest by 1 September 2015.

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