{"id":"sanctions/cssf-2025-06-20-smg-hospitality-se","title":"CSSF fine on SMG Hospitality SE, 20 June 2025","type":"sanction","date":"2025-06-20","authority":"CSSF","amount":"20000","html":"<p>On 20 June 2025 the Commission de Surveillance du Secteur Financier (CSSF) imposed an administrative fine of EUR 20,000 on SMG Hospitality SE. The decision was published on 24 June 2025. The CSSF gives the ground as non-compliance with certain obligations of the amended Law of 11 January 2008 on transparency requirements for issuers.</p>\n<p>Legal basis: <a href=\"/lhoft?page=laws%2F2008-01-11-n1\" class=\"wikiLink\" data-target=\"laws/2008-01-11-n1\">Law of 11 January 2008 on transparency requirements for issuers</a>.</p>\n<p><a href=\"https://www.cssf.lu/en/Document/administrative-sanction-of-20-june-2025-2/\" target=\"_blank\" rel=\"noreferrer\">Decision page</a>, <a href=\"https://www.cssf.lu/wp-content/uploads/S_50_TRA_200625_en.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commission de Surveillance du Secteur Financier (CSSF), reproduced with the CSSF's consent.</p>"}