JD Supra

CSSF Circular 25/901: Consolidation, Recalibration, and Clarification of Luxembourg’s Framework for SIFs, SICARs, and Part II UCIs

On 19 December 2025, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg published Circular 25/901 (the Circular), setting out updated supervisory guidance applicable to ...
JD Supra

CSSF Circular 25/901: A simplified and modernized framework for Part II UCIs, SIFs and SICARs with proportionate protections per investor-type

The CSSF’s Circular 25/901 (Circular) consolidates and modernizes the supervisory framework for Luxembourg SIFs, SICARs and Part II UCIs. It replaces several longstanding circulars and codifies CSSF ...
UBS

UBS (Lux) Fund Solutions– notice to shareholders - CSSF Circular 24/856

Notice to shareholders in the context of the issuance of the CSSF Circular 24/856 on the investor protection in case of a NAV calculation error, a non-compliance with investment rules and other errors ...