Ibhange
Igunya lenhlangano yezimali
IsikhathiCSSF ithi izinsuku zokugcina zomthetho zenyanga 12 zokuphatha izinqumo zokuthola ilayisense; CRD isithombe 15 imisa 6 amasonto kusuka kuhele oluphelele IgunyaECB ngesinqumo se-CSSF Izigidi ezingama-EUR 8.7 ezibhalisiwe nezikhokhelwe ngokuphelele (LFS art. 8), ngaphezulu kwe-EU floor yama-EUR ayizigidi eziyi-5
- Umthetho
- Law of 5 April 1993 on the financial sector, arts. 2 and 8 (capital base); Regulation (EU) No 1024/2013 (SSM) art. 14
- Izindleko
- CSSF izindleko zibekwe yi-Grand-ducal Regulation ngomhla ka-23 kuDisemba 2022; inani alicacisiwe kwikhasi lokugunyazwa
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe CRD (iMibandela 33 kuya ku-39) yezifunda kanye nezinsizakalo ezidlula emgwaqweni
Izidingo ezibalulekile- Ukulawula okuphakathi nekheli elibhalisiwe eLuxembourg (Isiqondiso CSSF 12/552 mayelana nokulawula okuphakathi, ukuphatha nokuphathwa kwengozi)
- Isicelo safakwa nge- ECB IMAS i-portal ngemuva kokuxoxwa kwangaphambili CSSF i-banking department
- Inhlangano yokulawula efanelekayo kanye nabanikazi bezimali abafanele
Sources(4)
- CSSF: Law of 5 April 1993 on the financial sector (consolidated English text) · checked 2026-10-07
- CSSF: Legal requirements and authorisation procedures for credit institutions · checked 2026-10-07
- ECB Banking Supervision: Authorisation (licensing) · checked 2026-10-07
- EUR-Lex: Directive 2013/36/EU (CRD), Art. 12 initial capital and Art. 15 decision deadline (consolidated) · checked 2026-10-07
Inhlangano yemali-elektroniki
Ukugunyazwa kwenhlangano yemali ye-elekthronikhi (EMI)
IsikhathiUsinqumo sizothathwa ngaphakathi kwezinyanga ezingu-3 ngemuva kokufaka isicelo esigcwele futhi nganoma iyiphi indlela ngaphakathi kwezinyanga eziyi-12, uma kungenjalo kubhekwa ukuthi kuvunyelwe (isiqephu 24-3) Um kapitali wokuqala we-EUR 350,000 (isiqephu 24-11); imali engenayo eqhubekayo engaphansi kuka-2% yesilinganiso semali ye-e-engekho emthethweni (EMD2 isiqephu 5)
- Umthetho
- Law of 10 November 2009 on payment services, arts. 24-2 to 24-14 (art. 24-11 initial capital)
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe EMD2/PSD2 ngebhange, ummeli, umhlinzeki noma ukuhlinzekwa mahhala kwezinsizakalo
Izidingo ezibalulekile- Umnikazi webhizinisi e-Luxembourg njengezwe lasekhaya, ukuphathwa okuphakathi nomnyango obhalisiwe e-Luxembourg (isiqephu 24-7)
- Iphuzu lebhizinisi elihlanganisa umbiko weminyaka emithathu, izinhlelo zokusebenza kanye ne-diagrams yokuhamba kwemali
- Ukuvikelwa kwezinkokhelo ezifunyenwe ngemali ye-e (isiqephu 24-10)
- Ukulawula okuqinile ngaphansi kwe-Circular CSSF 26/906 mayelana nokuphathwa kwesifunda, ukulawulwa kwangaphakathi nokulawula ingozi
Sources(3)
- CSSF: Law of 10 November 2009 on payment services (consolidated English text) · checked 2026-10-07
- CSSF: Authorisation procedure of a PI or EMI or registration of an AISP · checked 2026-10-07
- EUR-Lex: Directive 2009/110/EC (EMD2), Art. 4 initial capital and Art. 5 own funds · checked 2026-10-07
Umhlinzeki wezinsizakalo zokukhokha (PSP)
Igunya lenhlangano ekhokhela imali (PI)
IsikhathiUsinqumo ngaphakathi kwezinyanga ezingu-3 ngemuva kokufaka isicelo esigcwele futhi nganoma iyiphi indlela ngaphakathi kwezinyanga eziyi-12, uma kungenjalo kubhekwa ukuthi kuvunyelwe (isiqephu 7) I-EUR 125,000 yezinsizakalo zokukhokha ezingu-1 kuya ku-5; i-EUR 50,000 yokuqalisa ukukhokha kuphela; i-EUR 20,000 yokuthumela imali kuphela (isiqephu 15)
- Umthetho
- Law of 10 November 2009 on payment services, art. 7 (authorisation procedure) and art. 15 (initial capital)
- Ukudluliswa kwepasipoti
- Yebo: ipasipoti ye-EU ngaphansi kwe PSD2 Art. 28 (ibhange, ummeli noma ukuhlinzekwa mahhala kwezinsiza)
Izidingo ezibalulekile- Ukulawula okuphakathi nekheli elibhalisiwe eLuxembourg
- Iphrojekthi yokusebenza kanye nohlelo lwebhizinisi leminyaka emithathu yokuqala yezimali
- Ukuvikelwa kwezimali zekhasimende kanye nokulawula okuqinile kwangaphakathi (Isiqongo CSSF 26/906)
- Abahlinzeki bezinsizakalo zolwazi lwe-akhawunti babhalisa endaweni yokufuna imvume egcwele
Sources(3)
- CSSF: Law of 10 November 2009 on payment services (consolidated English text) · checked 2026-10-07
- CSSF: Authorisation procedure of a PI or EMI or registration of an AISP · checked 2026-10-07
- EUR-Lex: Directive (EU) 2015/2366 (PSD2), Art. 7 initial capital and Art. 12 decision deadline · checked 2026-10-07
Umhlinzeki wenkonzo yezinto ezibonakalayo (VASP)
Ugunyazo lwe-crypto-asset service provider (CASP) ngezansi MiCA
IsikhathiMiCA Isigaba 63: izinsuku ezingu-25 zokusebenza ukubheka ukuthi kuphelele yini, bese ziyizinsuku eziyi-40 zokusebenza ukukhetha isicelo esigcwele (ihora lingahlehliswa uma kunezicelo zemininingwane) MiCA Isigaba 67 neSihluthulelo IV: i-EUR 50,000 (isigaba 1: ukuphatha izicelo, ukubeka, ukudlulisa izinsizakalo, ukufinyelela nokudluliselwa, insizakalo, ukuphathwa kwempahla), i-EUR 125,000 (isigaba 2: ukuhlanganisa ukugcinwa nokulawula, kanye nokushintshana kwemali noma ezinye izinto ezingekho emthethweni), i-EUR 150,000 (isigaba 3: ukuhlanganisa ukusebenza kwephrojekthi yokuhweba); noma isigamu semali ekhokhwayo yonyaka odlule uma iphezulu
- Umthetho
- Regulation (EU) 2023/1114 (MiCA), arts. 59 to 63; Luxembourg law designating the CSSF as competent authority
- Ukudluliswa kwepasipoti
- Yebo: MiCA ukugunyazwa kungadluliselwa ezweni lonke le-EU/EEA ngolwazi (MiCA isigaba 65)
Izidingo ezibalulekile- Ikheli elibhalisiwe ezweni lelungu lapho ingxenye encane yezinsizakalo zihlinzekwa khona, indawo yokulawula okusebenzayo e-EU kanye nochwepheshe othile ohlala e-EU (MiCA Isigaba 59(2)
- Inhlangano yokulawula efanelekayo kanye nabanikazi bezimali abafanele
- Ukuvikelwa nokuhlukaniswa kwama-crypto-assets nama-akhawunti ekhasimende, ukuphatha izimangalo, imithetho yokungqubuzana kwezinzuzo
- AML/CFT iphrojekthi kanye nokuhambisana noMthetho wokudlulisa imali (EU) 2023/1113
- Izingxoxo zokuqala ne- CSSF zikhuthazwa ngaphambi kokufaka isicelo; iphrojekthi yebhizinisi ecacile kanye nekhadi lesikweletu nokuhamba kwezinkokhelo
Sources(4)
- CSSF: Legal requirements and authorisation procedure for CASPs · checked 2026-10-07
- CSSF: MiCA transition period for virtual asset service providers ended on 1 July 2026 · checked 2026-10-07
- EUR-Lex: Regulation (EU) 2023/1114 (MiCA), Arts. 63, 67, 143 and Annex IV · checked 2026-10-07
- ESMA: List of grandfathering periods decided by Member States under Article 143(3) MiCA (version of May 2026) · checked 2026-10-07
Inkampani yokutshala imali
Ukugunyazwa kwenkampani yokutshala imali (MiFID II)
IsikhathiUsinqumo sithunyelwe ngaphakathi kwezinyanga ezingu-6 ngemuva kokufaka isicelo esigcwele; isikhathi sokuphelelwa yisikhathi siyizinsuku eziyi-12, ukunyamalala kulingana nokwenqaba CSSF: i-EUR 75,000 kumafemu angagcinanga imali yomxhasi noma iziqinisekiso kanye ne-EUR 150,000 kumafemu agcinayo; IFD isiqephu 9 sibeka i-EUR 750,000 ukuhweba nge-akhawunti yakho noma ukubhalisa ngaphansi kwenkampani.
- Umthetho
- Law of 5 April 1993 on the financial sector, arts. 13 to 24-9; Regulation (EU) 2019/2033 (IFR)
- Ukudluliswa kwepasipoti
- Yebo: MiFID II ipasipoti (isigaba 34 ne-35) yezinsizakalo kanye nezifunda
Izidingo ezibalulekile- Imali-mboleko ebhalisiwe nekhokhelwe ngokuphelele iqinisekiswe ngesikhathi sokuthola imvume
- Izimali eziqhubekayo zenkampani kanye nempahla ethe xaxa ngaphansi kwe IFR
- Ukulawula okuphakathi e-Luxembourg kanye nokuphathwa okuhle
- Ukuxhumana okungaphambilini ne CSSF ngaphambi kokufaka
Sources(3)
- CSSF: Legal requirements and authorisation procedure for investment firms · checked 2026-10-07
- CSSF: Law of 5 April 1993 on the financial sector (consolidated English text) · checked 2026-10-07
- EUR-Lex: Directive (EU) 2019/2034 (IFD), Art. 9 initial capital · checked 2026-10-07
Ama-Supervisors
Ubani olawula
- I-Financial Sector Supervision Commission (CSSF) · iwebhusayithiAmabhange, Izinhlangano zemali ye-E-money, Abahlinzeki bezinsizakalo zokukhokha, Izinkampani zokutshala imali, Abahlinzeki bezinkonzo zezinto ezibonakalayo (VASPs), Amafayela
- Ibhange Eliphakathi Lase-Europe (Uhlelo Olulodwa Lokuhlola) (ECB) · iwebhusayithiAmabhange
- IMinistry of Justice (igunya lokugembula ngaphansi koMthetho we-20 April 1977) (MJ) · websiteOnline gaming
MiCA: I-Luxembourg yafaka isikhathi sokushintshana senyanga engu-18 kubahlinzeki bezinsizakalo zempahla ebonakalayo, esesiphelile ngoJulayi 1, 2026; kusukela lapho izinsizakalo ze-crypto zidinga isitifiketi se-MiCA. Ukugembula kwe-inthanethi: asikho isitatimende sokuba nelayisense yekhasino ye-inthanethi noma ukugembula okude. Umthetho we-20 April 1977 uvimbela ukusebenza kwemidlalo yokubheja ngaphandle kwama-casinos agunyaziwe, futhi ukugembula kwezemidlalo kudinga isitifiketi sangaphambili seMinistri wezoMthethosisekelo; i-2026 bill yokulungisa umthetho ka-1977 yafakwa kodwa okuqukethwe kwayo akuqinisekiswanga lapha. I-Luxembourg iyindawo ehamba phambili yamathuluzi wokutshala imali (UCITS nama-AIFs) alawulwa yi-CSSF.
