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By Emmanuelle MOUSEL, Partner, Pierre-Michaël DE WAERSEGGER, Partner Enric COMABASOSA-I-ESQUÉ, Senior Associate – Arendt Medernach
On 28 January 2026, the Commissariat aux Assurances (CAA) published two new circular letters that modernise the regulatory framework for life insurance products linked to investment funds and structured products in Luxembourg.
This article will focus on Circular Letter 26/1, as it represents the most significant update of Luxembourg’s fund-linked life insurance investment rules framework in over a decade. The reform aims to adapt the existing regulatory toolbox to meet current investor needs, evolving market practices, and recent regulatory developments, while still maintaining robust investor...
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