CSSF issues press release on the enforcement of the 2013 financial information prepared by issuers of securities
On 8 January 2014, the Commission de Surveillance du Secteur Financier (CSSF) issued press release 14/02 (PR 14/02). This press release is relevant to all issuers whose home member state, within the meaning of the law of 11 January 2008 on transparency requirements for issuers of securities, as amended, is Luxembourg and who prepare their financial statements in accordance with International Financial Reporting Standards (IFRS).
The CSSF is responsible, among others, to supervise that persons falling within the scope of the Transparency Law (the relevant issuers) adhere to their obligations arising out of the Transparency Law.
As per article 3 of the Transparency Law, the relevant issuers must publish annual reports within four months of the end of their financial year. Annual reports comprise inter alia a management report as well as financial information, which must be prepared in accordance with article 3(3) of the Transparency Law…
Click on the link below to read the rest of the Arendt & Medernach briefing.
News from Arendt & Medernach
Briefings from Arendt & Medernach
New set of restrictive measures against the Russian Federation in relation to events in Ukraine entered into force last Friday (12th)
In view of the increasing gravity of the situation in eastern Ukraine, the European Council has reinforced the restrictive measures adopted on 30–31 July 2014.
The Arendter — September 2014: private foundations; MiFID II; cross-border AIF distribution; and more
Discover the second issue of Arendt & Medernach’s magazine The Arendter. This publication will give you a quick overview of key topics related to your daily business.