Question 1

How long does a CASP license take in Luxembourg?

Accepted Answer

Luxembourg typical CASP authorization timeline: 6–12 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Luxembourg?

Accepted Answer

Indicative NCA fees in Luxembourg: €20,000–€100,000+. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Luxembourg?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Luxembourg is CSSF (Commission de Surveillance du Secteur Financier). Applications are submitted to CSSF, which reviews and issues the authorization. A Luxembourg CASP license provides EU passporting rights across all 30 EEA member states.