RC Insight

ENFR

Regulatory news for Luxembourg fund RCs

Short, sourced notes on new texts that matter to the Responsable du Contrôle of a Luxembourg fund.

  1. AMLA's draft due diligence standards: four conditions for funds distributed through financial intermediaries

    AMLA sent its draft RTS on customer due diligence to the Commission. Draft Article 15 sets four conditions for funds distributed through financial intermediaries.

  2. New CRF guidelines: deadlines to answer the CRF and freezing of a fund's investor register

    The CRF guidelines of 1 September 2026: five business days to answer a CRF information request, and a freezing order can cover a fund's register of investors.

  3. Targeted financial sanctions: Luxembourg rates collective investments medium inherent risk, low residual risk

    Luxembourg's first vertical risk assessment of targeted financial sanctions (2018–2023) rates collective investments medium inherent risk and low residual risk; AIFs carry more risk.