By means of Circular CSSF 14/596 dated 28 November 2014, the CSSF has decided to abolish the VISA procedure for published annual accounts for all credit institutions (significant and less significant). In its Circular 15/602, dated 15 January 2015, the CSSF specifies the new practices concerning the various accounting documents to be submitted on an annual basis by the credit institutions.
Different situations are distinguished depending on the type of credit institution: significant institutions, less significant institutions, branches of EU credit institutions and branches of non-EEA credit institutions.
