{"id":"sanctions/cssf-2024-01-11-anon-a-specialised-pfs","title":"CSSF fine on a specialised PFS, 11 January 2024","type":"sanction","date":"2024-01-11","authority":"CSSF","amount":"7500","html":"<p>On 11 January 2024 the Commission de Surveillance du Secteur Financier (CSSF) imposed an administrative fine of EUR 7,500 on a specialised PFS. The decision was published on 27 February 2024. The CSSF gives the ground as non-compliance with an injunction letter issued by the CSSF following significant delays in the submission of annual closing documents.</p>\n<p>Legal basis: <a href=\"/lhoft?page=laws%2F1993-04-05-n1\" class=\"wikiLink\" data-target=\"laws/1993-04-05-n1\">Law of 5 April 1993 on the financial sector</a>.</p>\n<p>Relevant for: Specialised PFS.</p>\n<p><a href=\"https://www.cssf.lu/en/Document/administrative-sanction-of-11-january-2024/\" target=\"_blank\" rel=\"noreferrer\">Decision page</a>, <a href=\"https://www.cssf.lu/wp-content/uploads/S_13_PSF_SP_X_110124_en.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commission de Surveillance du Secteur Financier (CSSF), reproduced with the CSSF's consent.</p>"}