Phoenix Solutions Luxembourg – Your partner in your communications with the CSSF
As professionals subject to the supervision of the Commission de Surveillance du Secteur Financier, otherwise known as the CSSF, it is important for your company to establish a constructive dialogue with the financial regulator.
This relationship begins as soon as the license application is first drafted, in accordance with the strict structure imposed by the CSSF, using the required forms. This approach will be viewed favourably by the CSSF. We have experience in preparing application files in line with the expectations of the CSSF and to conduct the appropriate dialogue with the relevant departments in order to progress the application to a successful conclusion.
This sets a strong standard for the ongoing relationship with the regulator throughout the lifetime of your business. Submitting a structured application, in full compliance with the regulatory references, facilitates the dialogue. Likewise, providing good quality responses to requests for additional information from the CSSF will add an important level of credibility and a mutual trust to your future relations.
We can be of invaluable help to you in submitting your applications in the appropriate regulatory context and formulating them in an effective manner, in providing thorough responses, in addressing your communications to the appropriate contact persons, and, should you desire it, in communicating directly with the CSSF on your behalf.