Please ensure Javascript is enabled for purposes of website accessibility


Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.



We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all services

Business Services Team

View all Business Services Team


Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all sectors


Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set

CSSF AML/CFT reporting tool: first reporting period approaches


21 June 2022

Luxembourg Legal Services

Save as PDF

Following the publication of three circular letters [1] in December 2021 introducing new prudential and AML/CFT reporting requirements, the Luxembourg Financial Sector Supervisory Authority (the CSSF) has made available a new module titled “Collective Investment Sector Reporting Tool” (CISERO) on their eDesk platform.

This module, accessible since January for preparation and submission of AML/CFT external reports under Circular 21/788 and IFM reports under Circular 21/789, has been made available, as of 31 March 2022 in order to comply with the requirements set out in Circular 21/790, to regulated UCIs, ie UCITS, UCIs subject to Part II of the Law of 17 December 2010 (UCIs Part II), Specialised Investment Funds (SIFs) and Investment Companies in Risk Capital (SICARs).

As per our previous briefing (which can be accessed through the above link), reports to be submitted via CISERO are the self-assessment questionnaire (SAQ), the separate report (SR) and the management letter (ML).

The CSSF has highlighted that the reports available from the outset are: "the SAQ, the SR (only for UCITS and UCIs Part II) and the ML for the regulated UCIs with a financial year ending between 30 June 2022 and 30 November 2022". Information on the availability of these reports for subsequent financial years will be provided in a dedicated CISERO FAQ.

A specific procedure for submitting the information regulated UCIs have to provide to the CSSF, as per Circular 21/790, is to be respected - in cases where an approved statutory auditor issues a modified audit opinion, the fund's management has to transmit a signed letter, accompanied by required information and supporting documentation to the email address:

If you have any further questions, please contact a member of our Luxembourg Investment Funds team.


[1] Circulars CSSF 21/788, 21/789 and 21/790 of 22 December 2021

No Content Set

About Ogier

Ogier is a professional services firm with the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost-effective services to all our clients. We regularly win awards for the quality of our client service, our work and our people.


This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

Regulatory information can be found under Legal Notice

No Content Set