REPORT 2021 – CSSF

CSSF – The Commission de Surveillance du Secteur Financier is a public institution which supervises the professionals and products of the Luxembourg financial sector.

The Commission de Surveillance du Secteur Financier (CSSF) performs its duties of prudential supervision and supervision of the markets for the purposes of ensuring the safety and soundness of the financial sector, solely in the public interest. Within the limits of its remit, it ensures that the authorised entities and the issuers are complying with the regulations applicable to them, including those aiming to ensure the protection of the financial consumers and the prevention of the use of the financial sector for the purposes of money laundering or terrorist financing. The CSSF represents Luxembourg in the area of European and international supervision.

In pursuing its objectives, the CSSF applies a prudential approach in line with the international standards, in accordance with the principle of proportionality. This approach is implemented in a professional manner, thereby ensuring an independent, forward-looking and risk-based supervision.

The CSSF is transparent and fosters effective communication with the stakeholders of the financial sector while fully complying with the professional secrecy requirements. It considers integrity and accountability to be of utmost importance and delivers on its commitment and adapts to reach its objectives. The CSSF is committed to good governance and to performing its tasks with efficiency, in a spirit of internal cooperation as well as at national, European and international level.

https://www.cssf.lu/wp-content/uploads/CSSF_RA_2021_ENGLISH-1.pdf

Fonte: CSSF, Annual Report 2021