CSSF: Law of 13 February 2007 (consolidated version) (Updated)

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Last Updated on June 3, 2025 by Arnaud Collignon

Understanding the Law of 13 February 2007

The Law of 13 February 2007 is a significant piece of legislation in Luxembourg that governs the financial sector. This law aims to enhance the regulatory framework and ensure the stability and integrity of the financial markets. Below, we explore the key aspects of this law and its implications for financial institutions and investors alike.

Key Objectives of the Law

  • Strengthening Financial Supervision: The law establishes a robust supervisory framework to oversee financial institutions.
  • Enhancing Transparency: It mandates greater transparency in financial transactions and reporting.
  • Protecting Investors: The law includes provisions aimed at safeguarding the interests of investors.
  • Promoting Market Integrity: It seeks to prevent market abuse and ensure fair trading practices.

Impact on Financial Institutions

Financial institutions operating in Luxembourg must comply with the provisions set forth in this law. Key impacts include:

  • Increased regulatory requirements for reporting and compliance.
  • Enhanced scrutiny from regulatory bodies.
  • Obligations to implement robust internal controls and risk management practices.

Conclusion

The Law of 13 February 2007 represents a critical step towards a more secure and transparent financial environment in Luxembourg. By adhering to its provisions, financial institutions can contribute to the overall stability of the market while protecting the interests of investors.

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