CSSF Circular 18/698
Boost your governance, bolster your structure - CSSF Circular 18/698
A leap forward in governance
On 23 August, the CSSF Circular 18/698 on the authorization and organization of Luxembourgish investment management companies (IFM), including specific provisions on the fight against money laundering and terrorist financing applicable to investment fund managers and entities carrying out the function of registrar agent, was published by the CSSF.
Taking the temperature on CSSF Circular 18/698
A positive evolution in governance and substance
The Deloitte conference on the CSSF Circular 18/698 held in October 2018 gathered 280 participants during which speakers and panellists were invited to share their views on this Circular and its application. Through live polls, approximately 200 audience members covering 70 percent of largest Luxembourg Fund Management Companies, had the opportunity to comment on the main challenges brought by this Circular. This publication set forth the results of these live polls.