Compliance reporting

BCL / CSSF

Investment products registered in Luxembourg are subject to additional reporting requirements imposed by the Central Bank of Luxembourg (BCL) and the Commission de Surveillance des Secteur Financier (CSSF).

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.

what this means for your reporting

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.

our solution: arep BCL / CSSF

Our solution integrates BCL / CSSF reporting in the arep platform and automates the conversion and updating of your existing data.

Conversion of the data in existing reports (Solvency II/PRIIPs/MiFID II)
Additional data import of asset managers, service providers or distribution platforms if required
Automated generation of BCL and CSSF formats (Excel, CSV or XML)
Optional generation of other distribution formats: Openfunds/FI, FundsXML
Possibility of producing other BCL / CSSF-related reports
distribution of reports via email, external SFTP or client API
Submission of reports to the BCL / CSSF using the e-file system
Provision of BCL / CSSF reports using the webservice or publication via a “white label” webportal
all data and documents are archived

what’s special about the arep solution

The use of a single integrated platform to collect data relevant to BCL / CSS and to verify, monitor, calculate, create and distribute reports maximises the efficiency of all your processes.
The modular arep system can be used immediately. It is operated in our certified data center in Luxembourg and does not require any additional IT infrastructure thanks to the browser-based user interface and a central Oracle database.
Rapid implementation and a comprehensive support service ensure all regulatory and client-specific requirements are met.
Throughout the reporting process you will have access to extensive support and consulting services.
Highly automated data management and report creation reduce the time and money you have to invest.
The web-based arep dashboard guarantees full transparency over the entire reporting process.
Throughout the reporting process you will have access to extensive support and consulting services.
By choosing our optional Business Service you could outsource the entire process to acarda.
Service Level Agreement: How our Software as a Service works can be configured according to your needs. You pay only for the service you use and on the basis of a contractual agreement.