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🇱🇺Luxembourg · EU member

Commission de Surveillance du Secteur Financier

CSSF · Financial supervisory authority
Luxembourg Citywww.cssf.lu
Activity Index
72/ 100

As of 15 June 2026Published figures unless marked

Employees~1,0802024Estimate
Annual budget€175M2024Estimate
Supervised entities~12,5002024 (incl. investment funds)Estimate

Overview

Luxembourg's financial-sector supervisor. Best known for its regulation of the world's second-largest investment fund industry — supervises ~3,300 UCITS + AIF vehicles alongside banks, investment firms, payment and e-money institutions, and (since MiCA) CASPs. Under the SSM, the CSSF supervises Luxembourg's less-significant credit institutions.

Regulated sectors

8
BanksPayment institutionsE-money institutionsCrypto-asset service providersInvestment firmsAsset managersSecurities marketsMarket infrastructure

Leadership

2
Claude Marx

Director Generalsince 2016

Marco Zwick

Director, responsible for banks and MiCA

Key legislation

5
Law of 5 April 1993

Financial-sector Act (banks + PFS)

Law of 17 December 2010

UCITS

Law of 12 July 2013

AIFM

Law of 6 April 2013 (Payments)

PSD2 transposition

MiCA Law of 6 June 2024

MiCA implementation

Registers, portals and publications

Data as of 15 June 2026 · Source: www.cssf.lu (authority website) + ComplyBridge researchActivity Index methodology →