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ARTICLE · 01 AUGUST 2022

CSSF-Authorised Funds Must File SFDR-Imposed Prospectus Updates By 31 October 2022

Arendt & Medernach
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Arendt & Medernach

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On 27 July 2022, following the publication of Commission Delegated Regulation (EU) 2022/1288 containing the regulatory technical standards for disclosures under the SFDR (the SFDR RTS)...

LuxembourgFinance and Banking
Isabelle Lebbe
Isabelle Lebbe
Stéphane Badey
Stéphane Badey
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THE CSSF HAS SET UP A FILING PROCEDURE FOR MAKING THE UPDATES TO PRECONTRACTUAL DOCUMENTS REQUIRED UNDER THE SFDR. TO ENSURE THAT THE SUBMITTED DOCUMENTS CAN BE REVIEWED IN GOOD TIME, THE CSSF EXPECTS UCITS AND CSSF-AUTHORISED AIFS THAT ARE STILL FUNDRAISING TO FILE BY 31 OCTOBER 2022 AT THE LATEST.

On 27 July 2022, following the publication of Commission Delegated Regulation (EU) 2022/1288 containing the regulatory technical standards for disclosures under the SFDR (the SFDR RTS), the CSSF issued a press release announcing its expectations for filing updated precontractual documents and periodic reports.

The SFDR RTS set out key principles and specific guidance on interpreting SFDR obligations for financial products caught by Articles 8 and 9 of the SFDR. In particular, they contain precontractual templates detailing the prospectus disclosures required under the SFDR, including the taxonomy-related information needed for Article 8 and 9 products (annexes II and

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