Newsflashes

On 13 December 2024, ESMA published Q&As containing further details on specific aspects of the practical application of the Guidelines on funds' names using ESG or sustainability-related terms The Q&As apply to UCITS and AIF and are covering three specific topics: green bonds ( ESMA QA 2368 for

On 19 December 2024 and 2 January 2025, the CSSF has updated its Frequently Asked Questions (“ FAQs”) regarding the Luxembourg Law of 17 December 2010 on undertakings for collective investment (“ UCITS”)(“ the 2010 Law”). New questions were introduced by the CSSF (12.1) providing specific guidance

The CSSF has announced the 2024 annual AML/CFT questionnaire (the “ 2024 questionnaire”) will be accessible on the eDesk platform from 24 February 2025, with a submission deadline of 4 April 2025. The initiative aims to collect standardised information on money laundering and terrorism financing

On 25 October 2024, the European Commission adopted Delegated Regulation (EU) 2024/2759, supplementing Regulation (EU) 2015/760 (the “ ELTIF Regulation”) as amended by Regulation (EU) 2023/606 (“ELTIF 2.0"). The new regulatory technical standards (“ RTS”), published in the Official Journal of the EU

ESMA has published two new Q&As under the alternative investment fund managers directive (“ AIFMD”). These updates address safekeeping of client money and delegation of portfolio or risk management to non-supervised undertakings outside the EU, providing clearer regulatory guidance for AIFMs. AIFMs

New rules redefine reporting for MMFs and non-MMF investment funds Following the ECB Regulation 2024/1988, the CSSF Circular 24/866, issued in collaboration with the Banque Centrale du Luxembourg (“ BCL”), is here to develop how Money Market Funds (“ MMFs”) and non-MMF investment funds report their