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ARTICLE · 27 DECEMBER 2022

Update Of CSSF FAQs With Respect To The PRIIPs KID

ELVINGER HOSS PRUSSEN, société anonyme
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On 16 December 2022, the CSSF updated the following FAQs with respect to the PRIIPs KID..

LuxembourgFinance and Banking
Elvinger Hoss Prussen
Elvinger Hoss Prussen

On 16 December 2022, the CSSF updated the following FAQs with respect to the PRIIPs KID:

The new questions aim at clarifying:

  1. manufacturers of Luxembourg AIFs as well as manufacturers of Luxembourg SIFs and SICARs that do not qualify as AIFs the units of which are being advised on, offered or sold to retail investors need to have in place a PRIIPs KID;
  2. manufacturers of (i) Luxembourg UCITS that are made available to retail investors in the EU/EEA ("Luxembourg retail UCITS") and/or of (ii) Luxembourg AIFs the units of which are being advised on, offered or sold to retail investors within the territory of the EU/EEA benefitting from the UCITS exemption

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