{"id":"sanctions/cssf-2025-11-13-smg-hospitality-se","title":"CSSF fine on SMG Hospitality SE, 13 November 2025","type":"sanction","date":"2025-11-13","authority":"CSSF","amount":"6375","html":"<p>On 13 November 2025 the Commission de Surveillance du Secteur Financier (CSSF) imposed an administrative fine of EUR 6,375 on SMG Hospitality SE. 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-13-november-2025-2/\" target=\"_blank\" rel=\"noreferrer\">Decision page</a>, <a href=\"https://www.cssf.lu/wp-content/uploads/S_55_TRA_131125_en.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commission de Surveillance du Secteur Financier (CSSF), reproduced with the CSSF's consent.</p>"}