{"id":"sanctions/cssf-2026-08-21-smg-hospitality-se","title":"CSSF fine on SMG Hospitality SE, 21 August 2026","type":"sanction","date":"2026-08-21","authority":"CSSF","amount":"20000","html":"<p>On 21 August 2026 the Commission de Surveillance du Secteur Financier (CSSF) imposed an administrative fine of EUR 20,000 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-21-august-2026-4/\" target=\"_blank\" rel=\"noreferrer\">Decision page</a>, <a href=\"https://www.cssf.lu/wp-content/uploads/S_66_TRA_210826_en.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commission de Surveillance du Secteur Financier (CSSF), reproduced with the CSSF's consent.</p>"}