Newsflashes

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

Following a supervisory review of the monitoring put in place by selected investment fund managers (“ IFMs”) in relation to the delegation of the portfolio management function, the CSSF published in October 2024 its main observations and related recommendations for improvement in a feedback report

On 29 November 2024 the EC published the draft Notice containing FAQs relating to the EU Taxonomy The European Commission (“ EC”) published further guidance on the EU Taxonomy in the form of a draft Notice containing FAQs, (the “Draft Commission Notice on the interpretation and implementation of

The CSSF has published a communiqué drawing attention to the Final Report providing the assessment of the shortening of the settlement cycle in the European Union (EU), published on 18 November 2024 by the European Securities and Markets Authority (ESMA) (the “ ESMA Report”). The ESMA Report