U IT's blog

Following the entry into force of the EMIR Refit regulation on April 29, 2024, the CSSF enables financial and non-financial counterparties to complete and submit the “EMIR – notification form and request for intragroup exemption” and “SFTR – notification form” procedures either through eDesk or by using an API solution based on the submission of a structured exchange file via the S3 protocol.

In 2023, the CSSF officially introduced new means of communication with professionals in the financial sector: eDesk, Api (S3), etc.

En 2023, la CSSF a officialisé la mise en place de nouveaux moyens de communication avec les professionnels du secteur financier : eDesk, Api (S3), …

Practical and technical guidance

As indicated in our communiqué published on 5 January 2024 related to ICT-related incident reporting, we publish today further guidance related to the submission channels and procedure to be followed when submitting an ICT-related incident notification under Circular CSSF 24/847.

The CSSF reminds all counterparties involved in derivatives transactions of the upcoming entry into force of the new EMIR REFIT reporting on 29 April 2024.

Il est rappelé qu’en vue des exigences légales, la circulaire CSSF 19/708 précise la transmission électronique de documents spécifiques à la CSSF en utilisant une infrastructure sécurisée acceptée par la CSSF. L’annexe de cette circulaire reprend la liste des documents à transmettre dorénavant uniquement par voie électronique ainsi que le type de document et la nomenclature afférente à utiliser.

In view of legal requirements, Circular CSSF 19/708 clarifies the procedures for the electronic transmission of specific documents to the CSSF using a secure infrastructure accepted by the CSSF. The annex to this circular lists the documents that must now be transmitted exclusively by electronic means, document types and the required nomenclature.

The CSSF publishes an updated version of the Reporting Handbook for investment firms (v.1.3), which integrates precisions with respect to the requirement to submit final versions of some EU reporting templates and the introduction of the IPU (Intermediate Parent Undertaking) Threshold Monitoring module.

La CSSF publie une version mise à jour du Reporting Handbook pour les entreprises d’investissement (v.1.3), qui intègre des précisions concernant l’exigence relative à la soumission d’une version finale pour certains tableaux du reporting européen et l’introduction du module IPU (Intermediate Parent Undertaking) Threshold Monitoring.

From 1 March 2024, the CSSF will start collecting IPU (Intermediate Parent Undertaking) Threshold monitoring reports from credit institutions (subsidiaries and branches) belonging to third-country groups (TCGs), on behalf of the European Banking Authority (EBA).

À partir du 1er mars 2024, la CSSF ouvre la collecte du reporting « IPU (Intermediate Parent Undertaking) Threshold monitoring » auprès des établissements de crédits appartenant à des groupes de pays tiers, pour le compte de l’Autorité bancaire européenne (EBA).