Glossary

Page's last update : 01 Apr 2026

Please find below some useful vocabulary and acronyms you can find on eFile and on our Wiki:

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A

ACD

The Administration des Contributions Directes The Luxembourg Tax authority.

This is the recipient of CRS and FATCA reporting

AIF

The Alternative Investment Fund (AIF) is a type of investment vehicle regulated under the AIFMD framework.

AIFM

The Manager of an Alternative Investment Fund (AIF) under the AIFMD framework.

B

BCL

The Central Bank of Luxembourg (BCL) is Luxembourg’s monetary authority and a member of the Eurosystem and the European System of Central Banks.

C

CBDF

The ‘Cross Border Distribution Framework’ (CBDF) is a piece of legislation issued by ESMA with an original effective date of August 2021.

The purpose is to establish a harmonised approach to distribution rules from EEA country to EEA country with less barriers to entry.

On eFile there is a dedicated module UCITS Cross-border Notification

CSSF

The Commission de Surveillance du Secteur Financier is a public institution which supervises the professionals and products of the Luxembourg financial sector.

CRS

The Common Reporting Standard (CRS) is a global regulation developed by the OECD for the automatic exchange of financial account information between countries to combat tax evasion. It requires financial institutions to identify foreign tax residents and report their financial account details to local tax authorities, who then share this data internationally.

The local tax authorities in Luxembourg processing such reports is the ACD - Administration des contributions directes

F

FATCA

FATCA (Foreign Account Tax Compliance Act) is a US law requiring foreign financial institutions, including those in Luxembourg, to report information about financial accounts held by U.S. persons to local tax authorities ( ACD - Administration des contributions directes). The ACD then automatically exchanges this data with the US IRS to prevent tax evasion.