Cssf fast track procedure
WebFeb 5, 2024 · The CSSF would like to remind that UCITS management companies and alternative investment fund managers will have to comply with Regulation (EU) … WebDec 22, 2024 · Creation of a new CSSF fast track procedure for fund managers when implementing EU ESG rules. On 16 December 2024, the CSSF press release 2024/12 was published to inform the fund managers of (i) Luxembourg domiciled undertakings for collective investment in transferable securities (“UCITS”) and (ii) alternative investment …
Cssf fast track procedure
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WebThe CSSF refers to its Communiqué of 6 November 2024 and re-iterates that all application dates under SFDR are maintained. IFMs will need to comply with the high-level principle-based requirements as laid down in the SFDR by 10 March 2024 where this is required under SFDR. The fast track procedure opened on 16 December 2024. WebAug 12, 2024 · Luxembourg Fast-Track Procedure. On the 2 December 2024, the CSSF has implemented a fast-track procedure pushing further the application of the Taxonomy Regulation and amending the SFDR. ... ESG: CSSF Fast Track Procedure. Implementation in Luxembourg of a SFDR fast track procedure to support the visa stamping of …
WebDec 3, 2024 · New CSSF taxonomy fast track procedure On 2 December 2024, a CSSF press release on regulatory requirements and fast track procedure in relation to … WebJul 27, 2024 · The CSSF informs those financial market participants which have not yet submitted to the CSSF the required updates to the prospectus/issuing documents of UCITS and/or AIFs in accordance with the provisions of the SFDR RTS and TR as set forth under Section 1 above, that the CSSF expects to receive the updated precontractual …
WebOct 7, 2024 · The CSSF expects to receive the updated pre-contractual documents by October 31, 2024, at the latest, for financial market participants who have not yet … WebThe CSSF has updated its communiqué to clarify that only UCITS prospectuses may benefit from a fast-track procedure. Updated UCITS prospectuses submitted before 17 December 2024 will receive a visa stamp prior to 31 December 2024, if the changes are limited to those required under Articles 5, 6 and/or 7 of the Taxonomy Regulation.
WebSep 22, 2024 · The CSSF making a “fast track approval” available is a welcome development. However, FMPs will need to act quickly if they are to meet the deadline on …
WebAug 8, 2024 · 2. CSSF: deadline set for latest SFDR “fast-track” visa-stamp. The Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg quickly responded to the SFDR/TR RTS legal publication. They issued a communiqué to clarify interim expectations from local UCITS and AIF firms, covering four areas: a) Reminder of the … can guinea pigs eat red oak leaf lettuceWebJan 7, 2024 · Sustainable Finance: Luxembourg regulator (CSSF) implements SFDR fast track procedure. The CSSF has alerted Luxembourg-based investment fund managers about the regulatory requirements arising from Regulation (EU) 2024/2088 on Sustainability-Related Disclosures in the Financial Services Sector, otherwise known as … fitch sprintWebThe SFDR adds new require a CSSF visa stamp. The fast-track procedure is available for the following the objectives of the SFDR all Fund Managers and investment firms disclosure obligations with regard to the Fund Manager website regarding UCITS prospectus and AIFMs updating the prospectus/issuing document should have a remuneration policy ... fitch standard and poor moodyWebDec 3, 2024 · New CSSF taxonomy fast track procedure On 2 December 2024, a CSSF press release on regulatory requirements and fast track procedure in relation to … can guinea pigs eat red onionsWebJan 7, 2024 · Fast-track procedure for fund prospectus updates Disclosures required under Article 6 (3) (g) and, if applicable, Articles 7, 8 and/or 9 of the SFDR must be incorporated into UCITS prospectuses. Management companies are required to assess the new disclosure obligations and submit an updated prospectus for each Luxembourg … fitch stalybridgeWebDec 2, 2024 · Under the taxonomy fast track procedure, amendments to a UCITS prospectus are strictly limited to disclosures under articles 5, 6 or 7 Taxonomy Regulation. The updated prospectus must be submitted electronically for the visa-stamp and be accompanied by a signed confirmation letter in the form available on the CSSF website. … fitch steamboatWebThe fast track procedure opened on 16 December 2024. UCITS management companies and AIFMs have until 28 February 2024 to submit updated UCITS prospectuses, and SIF … fitch state of illinois