Circular CSSF 26/907 (only in French)

What Changed

• The search results provided do not contain the full text of Circular CSSF 26/907, as it is available only in French and the PDF content was not included in the available materials. However, based on the title and regulatory context, this circular add
• Statutory auditor qualifications and requirements for the specialized role of approving auditors (réviseurs agréés spéciaux) overseeing credit institutions that issue mortgage bonds
• Governance standards for auditors in this specialized capacity
• Audit and oversight responsibilities specific to mortgage bond issuance activities The circular aligns with broader Luxembourg regulatory modernization efforts evident in concurrent CSSF guidance, including Circular 26/906 on governance frameworks f

Suggested Considerations

• *Obtain and review the full French text of Circular CSSF 26/907 from the CSSF website
• *Assess current auditor qualifications against the new requirements for approved special statutory auditors
• *Update audit engagement letters and terms to reflect any new standards or responsibilities
• *Document compliance with the circular's requirements in governance and audit files
• *Communicate with appointed auditors to ensure alignment with the new framework

Key Dates

Who is Affected