WebJan 13, 2024 · CSSF guidance on virtual assets EY Luxembourg Trending Tax update for Securitization vehicles 17 Mar 2024 Tax Why is private equity the driving force behind … WebSep 2, 2024 · According to ESMA, market participants and investors should be alert to the high risks of buying and/or holding these assets, including the possibility of losing their investment entirely. 2. CSSF FAQ on virtual assets. In November 2024, the CSSF addressed the possibility for UCIs to invest in virtual assets and published an FAQ on …
Luxembourg: CSSF Guidance On Virtual Assets (Credit …
WebDec 3, 2024 · The CSSF has stressed that supervised entities involved in virtual asset activities should consider the risks and benefits associated with virtual assets (e.g. volatility, liquidity, reputation, etc.) in relation to their existing business model and risk appetite in terms notably of due diligence policies, internal governance arrangements, but ... WebCSSF guidance on virtual assets - The new and evolving sector around virtual assets raises numerous questions from professionals under the supervision of the CSSF and professional associations as ... philip humphries
Virtual assets – CSSF
WebDec 10, 2015 · Virtual Asset Service Providers (VASP) Regulatory framework; ... Update of Circular CSSF 15/629 relating to supplementary supervision to be applied to financial conglomerates and definition of structure coefficients to be observed by the regulated entities belonging to these financial conglomerates pursuant to Article 56 of the Law of 5 … WebDec 16, 2024 · Regulatory Update: CSSF Guidance On Virtual Assets. On 29 November 2024, the CSSF provided guidance to the industry with respect to virtual assets, by … WebNov 23, 2024 · Of those entities, “v irtual asset service providers ” (the “ VASP ”) will retain our focus in this paper. The new article 7-1 (2) of the AML / CTF law provides that VASPs must be registered within the register of virtual asset service providers established by the CSSF. Consequently, all entities established in Luxembourg or providing ... truffle cleansing oil