Instant Payments Regulation: The First Reporting Deadline Is Approaching
► Europe Has Entered the Era of Real-Time Payments — Now Comes the Reporting The European Union has been modernizing its financial infrastructure through the adoption of Regulation (EU) 2024/886 of 13 March 2024 on instant credit transfers in euro, which entered into force in spring 2024. This regulation marked an important step toward a […]
From Governance to Financial Control: The Operational Reality of CSSF 26/906
► On January 20, 2026, the CSSF issued Circular 26/906, significantly strengthening governance, internal control, risk management and safeguarding requirements for Payment Institutions (PIs) and E-Money Institutions (EMIs) in Luxembourg. While much attention has been placed on governance structures, the real supervisory focus is operational : • reconciliation processes,• accounting discipline,• transit account control. ► […]
Evolution of Opexia Fund Reporting platform
January has been a particularly intense month at Opexia. As part of our continuous improvement approach, we have successfully put into production the latest evolution of our Opexia Fund Reporting platform — designed to better support the ever-evolving regulatory reporting requirements for investment funds. ► This new version enables our clients to: • address the […]
Projet de loi (juillet 2025) sur le nouveau carried interest
Projet de Loi pour le nouveau Carried Interest Luxembourg 1) Portée personnelle (qui peut bénéficier du régime) Droit actuel Le régime fiscal spécifique (art. 99bis (1a) LIR) vise uniquement les personnes physiques salariées de gestionnaires de FIA ou de leurs sociétés de gestion. Projet de loi Élargissement majeur : le bénéfice est ouvert à toutes les personnes […]
How Financial Institutions Can Comply with the European DORA Regulation ?
The Digital Operational Resilience Act (DORA) is a key regulatory framework adopted by the European Union aimed at ensuring the operational resilience of financial institutions in the digital space. This regulation requires entities in the financial sector to have robust procedures in place to prevent and manage Information and Communication Technology (ICT) risks. For a […]
Reporting requirements for Investment Firms (IFD package)
The Law of 5 April 1993 on the financial sector (hereinafter referred as the “Law”) has been subject to important changes since the votation of the Law of 21st July 2021 and issuance of the CSSF circular 21/784, specifically regarding the Investment Firms licenses and reporting requirements. This document is summarizing the main changes. Introduction […]
Cadre réglementaire applicable pour le reporting RUBA en tant que Etablissement de Monnaie Electronique Simplifié en France
Cadre réglementaire applicable aux entités agréés en tant que EMES Il convient de rappeler que l’agrément des établissements de monnaie électronique est régi par les dispositions de l’arrêté du 2 mai 2013 portant sur la réglementation prudentielle des établissements de monnaie électronique tel que modifié et que le dispositif prudentiel applicable est régi par les […]
New outsourcing arrangements for PFS
The European Banking Authority (EBA) has issued revised Guidelines on outsourcing arrangements (EBA/GL/2019/02 or the Guidelines). While the Guidelines apply to credit institutions, investment firms and payment and electronic money institutions only, the CSSF has chosen to extend the scope of application of this circular in order to promote convergence on a national level. This […]
(AML/FT) Circ. CSSF N°20/762-Loi du 25 mars 2020 portant modification de la loi du 12 Novembre 2004
Circulaire CSSF 20/742 Introduction La circulaire CSSF 20/742 publiée le 04 Mai 2020 annonce l’entrée en vigueur de la Loi du 25 Mars 2020 (ci après « la Loi du 25 Mars 2020 ») et précise les changements les plus importants du dispositif Luxembourgeois de lutte contre le blanchiment et contre le financement du terrorisme. Il […]
OPEXIA PSF proposes a competitive & performing Solution for institutions aiming to comply with the new Circular CSSF 20/747 requirements and Law of March 2020
Summary of impacts on reporting – Law of 25 March 2020 establishing a central electronic data retrieval system related to payment accounts and bank accounts identified by IBAN and safe-deposit boxes held by credit institutions in Luxembourg
