The BCL and the CSSF request their own statistical key figures from fund companies, asset managers, insurance companies and banks on a monthly, quarterly, half-yearly or annual basis. This data must be submitted using standardised Excel templates.
Company and product data must be recorded in an additional format. Although the reports to be submitted are similar, in part, to the reports required on the European level (Solvency II, PRIIPs, MiFID II), they impose additional demands on your data management and IT processes.
To address this, a solution must be found that keeps your own costs as low as possible and makes use of synergies with the reporting infrastructure that is already in place.