Stay connected:

Deloitte in one app

Material on this website is © 2012 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Get connected

Share your comments

More on Deloitte Luxembourg

Learn about our site


Recently blogged

Bookmark Email Print page

Regulations and directives

Find your way out of the labyrinth

Luxembourg market is subject to regulations and directives both at European and international levels.

These directives and regulations concern companies from the financial industry (banks, insurances, investment funds management companies, FSP, etc), but also from other sectors (norms about anti-money laundering, or accounting standards concern all types of companies).

Their aim is to:

  • Harmonise the rules to facilitate services sale across frontiers and to improve the international competition
  • Regulate practices to allow a greater financial transparency
  • Limit the risks taken by companies to protect the market and the clients

Regulations labyrinth

Regulations and directives have multiplied and/or have deeply evolved over the last years. For many companies, to be compliant with all these rules is a real challenge. Furthermore, the financial crisis has increased the demand of evolution or strengthening of regulation from economic actors.

The cost of compliance, at every level of the company, is quite significant, but nonetheless, this strategic investment is nothing compared to the consequences of a bad risk management.

Deloitte can help you comply with the regulations and directives applicable to your company, and optimise the cost of compliance.

Our company has experts in the following areas, amongst others:

  • IAS/IFRS
  • Basel II
  • Finrep/Corep
  • MiFID
  • UCITS
  • Solvency II
  • Payment services directive

More Learn more

  • Whitepaper | Template of consolidated Lux GAAP annual accounts for commercial companies
    In this brochure you will find an oversight of the key consolidation requirements in Luxembourg, applicable to companies within the scope of the company Law.
  • Pathfinder volume 14, issue 1, January 2012
    New filing procedure with the RCS. Enforcement of the 2011 reporting obligations for issuers subject to the Transparency Law. UCIs: mergers, master-feeder structures and notification. STRs no longer to be copied to the CSSF.
  • Whitepaper | UCITS IV: validation of Value-at-Risk models
    The liquidity crisis of 2007-2008 was also a failure of risk measurement models. In the context of UCITS IV, CSSF Circular 11/512 significantly tightens the requirements for the use of internal risk models.
  • Whitepaper | UCITS IV: Synthetic Risk & Reward Indicator (SRRI)
    The SRRI definitely bears important implications: it will be actively looked at during the investment decision phase and subject to benchmarking with competitors.
  • Whitepaper | UCITS IV: risk management gap analysis
    As a result of a constantly growing concern about investor protection and as a response to the last financial crisis, UCITS IV once again emphasises the need for effective risk management.

Focus on

  • ExternalURL FAQ on AIFM Directive
    Helping you to find your way