The CSSF has published Regulation 20-09 of December 14, 2020, amending a previous regulation of June 29 on the equivalence of certain third countries regarding supervision and authorisation rules for the provision of investment services or performance of investment activities and ancillary services by third-country firms. The regulation confirms that in the absence of an equivalence decision by the European Commission, from January 1 Luxembourg will include the UK in the list of jurisdictions deemed equivalent for the application of the national third-country regime. Equivalence may be withdrawn by the CSSF if changes to the UK regulatory framework mean the conditions underpinning the decision are no longer met.