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Published on 14 November 2024

New Transmission Procedures for U1.1 Reporting (CSSF)

CSSF

Starting 15 November 2024, the CSSF has introduced new channels for submitting the U1.1 reporting: via a dedicated eDesk procedure, or through an XML API using the S3 protocol.

The previous submission methods remain available during a transition period until 28 February 2025. A detailed user guide has also been published to help entities adapt.

In addition, the updated Guidelines on U1.1 reporting (version 6.1, February 2025) now include technical specifications for XML format and explanations of the new submission channels (eDesk & API).

Key points at a glance

Who is concerned?

UCIs, SIFs, SICARs under CSSF supervision

Frequency & deadline

Monthly, due by the 10th calendar day of the following month

Submission methods

XML via eDesk or API (S3 protocol)

Transition period

Old channels accepted until 28 Feb 2025

Legal framework

CSSF Circular 15/627 (amended by 25/871), Guidelines v6.1

Why it matters

These changes aim to:

  • modernize and secure the reporting process,

  • harmonize formats to reduce manual errors,

  • improve the reliability and efficiency of regulatory reporting.

The new framework becomes mandatory from March 2025 onward.

https://www.cssf.lu/wp-content/uploads/Guidelines_U1.1.pdf

Source