WebAug 5, 2024 · 3. Active “intraday” investment breaches. Investment breaches that occur and are corrected on the same trade date, between two official NAVs have to be … WebMar 15, 2024 · The CSSF and the CAA can pronounce in the event of a breach of SFDR and/or Taxonomy : a public state specifying the identity of the person responsible and …
UCITS Investment Breaches - Update to CSSF FAQ BSP
WebOn 17 th August 2024, the CSSF updated the FAQs concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment.. Section 11, treatment of breaches of the UCITS global exposure limit was added to the FAQs with the following questions: Q1. Do passive investment breaches (i.e. a breach beyond the control of the … WebApr 21, 2024 · In case of an active breach of VaR Limit (irrespective of whether it is the limit set out in the CSSF Circular 11/512, or the internal limit laid down in the prospectus) the CSSF should be notified by email to a dedicated address: [email protected]. The notification should include the following information: the legal name of the notifying ... how awesummly works
Monitoring the quality of transaction reports received under ... - CSSF
WebDec 19, 2024 · Non-compliance with this filing deadline will be considered a breach of the PRIIPs Regulation and the CSSF may impose sanctions accordingly. For now, the naming convention/procedure for the filing will remain the same as for UCITS KIIDs (Circular CSSF 19/708 and Circular CSSF 11/509). WebJun 2, 2024 · Background In connection with Directive 2024/1937 of 23 October 2024 on the protection of persons who report breaches of Union law, the CSSF published on 5 May 2024 its first whistleblowing reporting of breaches of financial sector regulations to the CSSF (the “Report”). The Report gives practical guidance as to how the whistleblowing … WebMar 15, 2024 · On 13 March 2024, the CSSF published an updated version of its FAQ about Regulation (EU) 2024/2088 on sustainability-related disclosures in the financial services sector (SFDR). In this revision, the CSSF (i) updates the list of “Key European and CSSF publications” in relation to the SFDR and (ii) adds three new questions reflecting current ... how awesome is your wife quiz