CSSF Orders Dissolution and Judicial Liquidation of DIVERSIFIED ASSET MANAGEMENT S.A.
The CSSF has announced the dissolution and judicial liquidation of DIVERSIFIED ASSET MANAGEMENT S.A. (DAM), ordered by the Luxembourg District Court on 30 April 2026. Eligible clients may claim compensation up to €20,000 via the investor compensation scheme (SIIL), with a claims deadline of 30 October 2026.
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T+1 Settlement: EU Framework Complete, First Compliance Deadline 7 December 2026
The CSSF has announced that the EU regulatory framework for the move to T+1 settlement, scheduled for 11 October 2027, is now complete following the publication of the amended RTS on settlement discipline and the revised ESMA guidelines on standardised procedures and messaging protocols. The first compliance deadline falls on 7 December 2026, when investment firms and their clients must meet new requirements on allocations and confirmations. The CSSF urges market participants to finalise technical preparations and begin end-to-end testing.
26 Oct 2026
ESMA sets European common enforcement priorities for 2026 corporate reporting
The CSSF has published ESMA's Public Statement (ESMA32-2064178921-9738) setting the European common enforcement priorities for 2026 corporate reporting. The priorities guide national enforcers, including the CSSF for Luxembourg, in their examination of listed issuers' annual financial reports. Issuers and their compliance functions should reflect these priorities when preparing 2026 annual reports.
13 Oct 2026
Prudential procedure for the appointment of members of the management body and key function holders in credit institutions
The CSSF’s procedure on appointing members of management bodies and key function holders at Luxembourg credit institutions is being updated following the transposition of CRD VI through the Luxembourg Law of 5 May 2026. The law tightens fit-and-proper criteria, while the CSSF plans to adapt its procedure following the revision of relevant EBA guidelines. Credit institutions should review their suitability assessments, documentation and appointment processes and monitor further CSSF updates.
15 Oct 2026

