► 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...
► 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...
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...
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...
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...
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...
