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Since 10 March 2020, the Commission de Surveillance du Secteur Financier (CSSF) has implemented monitoring of the largest investment fund managers (IFMs) in view of the specific circumstances and risks to which IFMs were exposed as a result of prevailing market conditions. Since then, these IFMs have had to notify the CSSF of any significant developments and/or issues as well related decisions and measures taken by them.

On 13 May 2020, the Commission de Surveillance du Secteur Financier (CSSF) updated its published list of questions and responses in relation to Covid-19.

The Luxembourg Financial Supervisory Authority (CSSF) and European Securities and Markets Authority (ESMA) have published Covid-19-related communications.

The Commission de Surveillance du Secteur Financier has issued an announcement informing the public that it remains operational but the offices are closed to external visits.

On 29 November 2019 the Commission de Surveillance du Secteur Financier (CSSF) announced that, similarly to last year’s exercise, an annual online survey collecting standardised key information concerning ML/FT risks which the professionals under supervision are exposed to and the implementation of relevant risk mitigation and targeted financial sanctions measures as per 31 December 2019 will be launched in early February 2020.

On 25 November 2019, the Commission de Surveillance du Secteur Financier (CSSF) published the frequently asked questions for persons involved in AML/CFT for a Luxembourg investment fund or investment fund manager supervised by the CSSF for AML/CFT purposes.