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The Digital Operational Resilience Act (DORA) is a key regulatory framework introduced by the European Union to strengthen the IT security and operational resilience of financial entities. As part of…

This briefing document summarizes the "Guidelines on the UCITS Risk Reporting" issued by the Commission de Surveillance du Secteur Financier (CSSF) on December 13, 2022. It outlines the scope, frequency,…

Source : https://www.esma.europa.eu/sites/default/files/library/esma34-45-1576_-_publication_on_cross-border_distribution_of_funds.pdf 1. Regulatory Framework and Directives The overarching regulatory framework for cross-border distribution of funds is Regulation (EU) 2019/1156, which aims to facilitate this activity. This regulation mandates…

What is the primary purpose of this regulation concerning the financial sector? The primary purpose of this regulation is to achieve a high level of digital operational resilience for regulated…

Overview This document provides a detailed briefing on the "S 2.20 Quarterly Financial Information" report, an essential regulatory filing for alternative investment funds not authorized by the CSSF (NAF). The…

When it comes to navigating the world of alternative investment funds (AIFs), understanding the regulatory landscape can feel like trying to read a foreign language at times. But trust me—once…

```html Understanding CSSF Circular 24/866 The Commission de Surveillance du Secteur Financier (CSSF) has issued Circular 24/866 to provide guidance for financial institutions regarding the management and monitoring of risks…

```html The CSSF Releases UCI Forms for Reporting Errors and Non-Compliance In a significant move to enhance transparency and compliance within the financial sector, the Commission de Surveillance du Secteur…

```html Understanding the Sustainable Finance Disclosure Regulation (SFDR) The Sustainable Finance Disclosure Regulation (SFDR) is a pivotal element in the European Union's sustainable finance agenda. It aims to enhance transparency…