{"id":"laws/2008-01-11-n1","title":"Law of 11 January 2008 on transparency requirements for issuers","type":"law","date":"2008-01-11","eli":"http://data.legilux.public.lu/eli/etat/leg/loi/2008/01/11/n1/jo","html":"<p>Loi du 11 janvier 2008 relative aux obligations de transparence concernant l'information sur les émetteurs dont les valeurs mobilières sont admises à la négociation sur un marché réglementé et portant transposition de: - la directive 2004/109/CE du Parlement européen et du Conseil du 15 décembre 2004 sur l'harmonisation des obligations de transparence concernant l'information sur les émetteurs dont les valeurs mobilières sont admises à la négociation sur un marché réglementé et modifiant la directive 2001/34/CE - l'article 9 du règlement (CE) n° 1606/2002 du Parlement européen et du Conseil du 19 juillet 2002 sur l'application des normes comptables internationales et portant modification de: - la loi modifiée du 23 décembre 1998 portant création d'une Commission de surveillance du secteur financier. Consolidated text on <a href=\"https://legilux.public.lu/eli/etat/leg/loi/2008/01/11/n1/consolide/latest\" target=\"_blank\" rel=\"noreferrer\">Legilux</a>.</p>\n<p>The Chamber amended it through 1 bill in this legislature.</p>\n<h2>Amended by</h2>\n<ul>\n<li><a href=\"/lhoft?page=dossiers%2FPL8498\" class=\"wikiLink\" data-target=\"dossiers/PL8498\">PL8498 — Listing Package</a>, became the law of 3 July 2025.</li>\n</ul>\n<h2>Circulars under this law</h2>\n<p>5 CSSF circulars, regulations, or FAQs cite it, newest first.</p>\n<ul>\n<li><a href=\"/lhoft?page=circulars%2Fcssf-22-799\" class=\"wikiLink\" data-target=\"circulars/cssf-22-799\">Circular CSSF 22/799</a>, 4 March 2022.</li>\n<li><a href=\"/lhoft?page=circulars%2Fcssf-22-800\" class=\"wikiLink\" data-target=\"circulars/cssf-22-800\">Circular CSSF 22/800</a>, 4 March 2022.</li>\n<li><a href=\"/lhoft?page=circulars%2Ffaq-faq-eriis\" class=\"wikiLink\" data-target=\"circulars/faq-faq-eriis\">FAQ eRIIS</a>, 4 March 2022.</li>\n<li><a href=\"/lhoft?page=circulars%2Fcssf-18-679\" class=\"wikiLink\" data-target=\"circulars/cssf-18-679\">Circular CSSF 18/679</a>, 23 January 2018.</li>\n<li><a href=\"/lhoft?page=circulars%2Ffaq-faq-published-by-the-cssf-the-transparency-law-and-the-grand-ducal-transparency-\" class=\"wikiLink\" data-target=\"circulars/faq-faq-published-by-the-cssf-the-transparency-law-and-the-grand-ducal-transparency-\">FAQ published by the CSSF: The Transparency Law and the Grand-ducal transparency Regulation</a>, 27 June 2016.</li>\n</ul>\n<h2>Enforcement under this law</h2>\n<p>32 administrative decisions published by the regulators cite it.</p>\n<ul>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-02-06-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-02-06-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 6 February 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-02-09-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-02-09-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 9 February 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-08-07-socfinaf-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-08-07-socfinaf-s-a\">CSSF fine on Socfinaf S.A, 7 August 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-08-07-socfinasia-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-08-07-socfinasia-s-a\">CSSF fine on Socfinasia S.A, 7 August 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-08-22-adler-group-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-08-22-adler-group-s-a\">CSSF fine on ADLER Group S.A, 22 August 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-09-05-smg-hospitality-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-09-05-smg-hospitality-se\">CSSF fine on SMG Hospitality SE, 5 September 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-09-05-unipro-capital-a-s\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-09-05-unipro-capital-a-s\">CSSF fine on UNIPRO Capital a.s, 5 September 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-09-10-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-09-10-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 10 September 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-09-26-learnd-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-09-26-learnd-se\">CSSF fine on learnd SE, 26 September 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2024-10-01-alvotech\" class=\"wikiLink\" data-target=\"sanctions/cssf-2024-10-01-alvotech\">CSSF public statement on Alvotech, 1 October 2024</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-01-15-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-01-15-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 15 January 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-03-05-unipro-capital-a-s\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-03-05-unipro-capital-a-s\">CSSF fine on UNIPRO Capital a.s, 5 March 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-03-05-unipro-capital-a-s-2\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-03-05-unipro-capital-a-s-2\">CSSF fine on UNIPRO Capital a.s, 5 March 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-06-20-amber-beverage-group-holding-s-r-l\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-06-20-amber-beverage-group-holding-s-r-l\">CSSF fine on Amber Beverage Group Holding S.à r.l, 20 June 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-06-20-bigrep-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-06-20-bigrep-se\">CSSF fine on BigRep SE, 20 June 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-06-20-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-06-20-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 20 June 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-06-20-smg-hospitality-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-06-20-smg-hospitality-se\">CSSF fine on SMG Hospitality SE, 20 June 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-06-20-unipro-capital-a-s\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-06-20-unipro-capital-a-s\">CSSF fine on UNIPRO Capital a.s, 20 June 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-11-13-smg-hospitality-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-11-13-smg-hospitality-se\">CSSF fine on SMG Hospitality SE, 13 November 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-11-13-smg-hospitality-se-2\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-11-13-smg-hospitality-se-2\">CSSF fine on SMG Hospitality SE, 13 November 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-11-21-bigrep-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-11-21-bigrep-se\">CSSF administrative decision on BigRep SE, 21 November 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2025-11-21-ksg-agro-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2025-11-21-ksg-agro-s-a\">CSSF fine on KSG Agro S.A, 21 November 2025</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-01-12-bigrep-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-01-12-bigrep-se\">CSSF fine on BigRep SE, 12 January 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-02-06-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-02-06-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 6 February 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-02-06-corestate-capital-holding-s-a-2\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-02-06-corestate-capital-holding-s-a-2\">CSSF fine on Corestate Capital Holding S.A, 6 February 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-04-01-bigrep-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-04-01-bigrep-se\">CSSF fine on BigRep SE, 1 April 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-07-21-transnet-soc-ltd\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-07-21-transnet-soc-ltd\">CSSF fine on Transnet Soc Ltd, 21 July 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-08-21-bigrep-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-08-21-bigrep-se\">CSSF fine on BigRep SE, 21 August 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-08-21-corestate-capital-holding-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-08-21-corestate-capital-holding-s-a\">CSSF fine on Corestate Capital Holding S.A, 21 August 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-08-21-gaz-capital-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-08-21-gaz-capital-s-a\">CSSF fine on Gaz Capital S.A, 21 August 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-08-21-ksg-agro-s-a\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-08-21-ksg-agro-s-a\">CSSF fine on KSG Agro S.A, 21 August 2026</a>.</li>\n<li><a href=\"/lhoft?page=sanctions%2Fcssf-2026-08-21-smg-hospitality-se\" class=\"wikiLink\" data-target=\"sanctions/cssf-2026-08-21-smg-hospitality-se\">CSSF fine on SMG Hospitality SE, 21 August 2026</a>.</li>\n</ul>"}