21/01/2020

New KYC forms for new issuers at LuxSE

AML/KYC rules are being tightened across the globe, including in the EU through the EU AML Directives IV and V now transposed into Luxembourg laws and regulations.

The Luxembourg Stock Exchange aims to keep KYC/AML internal policies and processes as simple and user friendly as possible, resulting in an amended process.
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For new issuers, the main novelty of this modification will be the conduct of an initial due diligence on the issuer applying for a listing and/or an admission to trading of its securities on our markets. In practice, this means that, in addition to the existing Application Form and Letter of Undertaking, we will require an AML/KYC form. 

For existing issuers, a revised risk classification process will be implemented in line with our AML/KYC policy. These issuers will be contacted during the ongoing due diligence process in order to make sure that the mandatory filings and documentations are up-to-date. The listing/admission to trading process for existing issuers remains unchanged and no AML/KYC form needs to be provided for new applications by existing issuers.


The new KYC forms for new issuers at LuxSE are available here: