Financial sector professional entities, as defined by the law of 5 April, 1993 on the financial sector, vary greatly in their scope and type of activity. We provide both Specialised PFS and Support PFS clients with legal advice that enhances their business, including authorisation and regulatory issues including corporate law, data protection and employment law. We assist all types of PFS in the light of their specific field.

Specialised PFS entities comprise:

  • Registrar agents
  • Professional depositaries of financial instruments
  • Professional depositaries of assets other than financial instruments
  • Operators of a regulated market authorised in Luxembourg
  • Currency exchange dealers
  • Debt recovery
  • Professional entities performing lending operations
  • Professional entities performing securities lending
  • Family offices
  • Mutual savings fund administrators
  • Corporate domiciliation agents
  • Professional entities providing company incorporation and management services

The Support PFS entities we assist comprise:

  • Client communication agents
  • Administrative agents of the financial sector
  • Primary IT systems operators of the financial sector
  • Secondary IT systems and communication networks operators of the financial sector
  • Dematerialisation service providers
  • Conservation service providers

Related Content

28/09/2022
ESG in the banking sector – Updated ESMA Guidelines on MiFID II suitability requirements
On 23 September 2022, the European Securities and Markets Authority (“ESMA”) published its Final Report on Guidelines on MiFID II suitability requirem...
Read More_
22/09/2022
ESG in the banking sector - CSSF survey on sustainable finance
the main objective of the survey was to assess the general public’s knowledge and understanding of sustainable finance and gauge the degree of interes...
Read More_
23/08/2022
Update on outsourcing of important or critical activities in the insurance sector
The Commissariat aux Assurances published a Circular Letter which clarifies the regulatory requirements that are applicable to the outsourcing of crit...
Read More_
Competition Law in the Financial Services Sector - 30/05/2017 - London