Aggregated News From Investment Management Regulators

Communication on the SFDR fast track procedure and the deadline of 10 March 2021


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The CSSF would like to remind that UCITS management companies and alternative investment fund managers will have to comply with Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector (SFDR Regulation) for 10 March 2021.

For the purpose of bringing pre-contractual information within the meaning of Article 6 (3) of the SFDR Regulation in compliance with the SFDR Regulation, the CSSF published on 16 December 2020 on its website a Communication on its SFDR fast track procedure for the purpose of visa stamping of amended prospectuses/issuing documents.

UCITS management companies and alternative investment fund managers are reminded that the prospectuses/issue documents to be brought into compliance with the SFDR Regulation must be submitted by 28 February 2021 at the latest in order to be able to meet the deadline of 10 March 2021 of the SFDR Regulation.

To facilitate the examination of sustainability-related disclosures inserted in prospectuses/issuing documents submitted by ordinary procedure to amend a fund, the CSSF informs that it has adapted the confirmation letter of the SFDR fast track procedure so that it can also be used to support the review of sustainability-related disclosures included in a prospectus/issuing document submitted outside the SFDR fast track procedure.

This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.

Regulator Information

Abbreviation: CSSF
Jurisdiction: Luxembourg

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