The CSSF published the CBDF FAQ on 20 September 2022 to clarify
the supervisory expectations of the CSSF regarding the application
of the CBDF Regulation and the ESMA marketing communication
Guidelines. Information is provided for, among others, on the scope
of the CBDF Regulation, the impact of the CBDF regulation on
distributors and intermediaries, and the information to be provided
to the CSSF upon request.
Introduction
The CSSF published the CSSF FAQ – Cross Border
Distribution of Funds – GUIDANCE ON MARKETING COMMUNICATIONS
(the "CBDF FAQ") on 20 September 2022.
The CBDF FAQ brings further clarity about the supervisory
expectations of the CSSF relating to the application of Regulation
(EU) 2019/1156 of the European Parliament and of the Council of 20
June 2019 on facilitating cross-border distribution of collective
investment undertakings (the "CBDF
Regulation") and the Guidelines of ESMA on marketing
communication (ESMA34-45-1272) (the "ESMA
Guidelines").
