Back to articles
Published on 05 October 2025

Circular CSSF-CPDI 25/47

CSSF

Survey on the amount of covered deposits held on 30 September 2025.

On 6 October 2025, the CSSF (Commission de Surveillance du Secteur Financier) published Circular CPDI 25/47, which mandates a quarterly survey of covered deposits held by credit institutions under Luxembourg law, by POST Luxembourg, and by Luxembourg branches of third-country institutions, as of 30 September 2025.

Key Points

  • The circular’s scope and methodology remain consistent with previous surveys; only the reference date and deadline have changed.

  • “Covered deposits” and “eligible deposits” are defined by Article 163 of the amended law of 18 December 2015.

  • Deposit aggregations such as omnibus accounts, fiduciary accounts, trust accounts, etc., must be carefully handled: institutions should allocate amounts among identifiable entitled persons.

  • Excluded from the survey are accounts denominated in precious metals (e.g. gold, silver) and in virtual currencies (e.g. Bitcoin, Ether).

Reporting Requirements & Deadline

  • Institutions must submit data by 20 November 2025 at the entity level (including branches in other Member States).

  • The data form the basis for calculating both the administrative contribution and the Resolution Fund contribution.

  • Submission channels: via CSSF eDesk or by uploading a structured file via S3.

  • If an institution has no deposits to report, it must still submit a report indicating “0.”

  • Any errors or omissions discovered later must be communicated promptly to the CPDI via email.

https://www.cssf.lu/wp-content/uploads/CSSF_CPDI_2547eng.pdf