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ARTICLE · 25 OCTOBER 2024

Global Registration Services Market Update Q3 2024

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Publication of the Translations of the Guidelines on Funds' Names Using ESG or Sustainability-Related Terms

GlobalFinance and Banking

Europe

Publication of the Translations of the Guidelines on Funds' Names Using ESG or Sustainability-Related Terms

Referring to our last Funds & Investment Management Update Q2 2024, the ESMA published on 21 August 2024 the Guidelines on funds' names using ESG or sustainability-related terms (the "Guidelines") in all official languages on their website. This means that the Guidelines will apply to new funds from 21 November 2024, i.e. three months after the publication date, and to existing funds from 21 May 2025, i.e. nine months after the publication date. Therefore, existing funds using an ESG or sustainability-related term in their name will have a six-months transitional period to comply with the Guidelines.

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