Regulatory notice
On 20 March 203, the Official Journal of the European Union published the Regulation (EU) 2023/606 of the European Parliament and of the Council of 15 March 2023, amending Regulation (EU) 2015/760 in regards to the requirements pertaining to the investment policies and operating conditions of European long-term investment funds and the scope of eligible investment assets, the portfolio composition and diversification requirements and the borrowing of cash and other fund rules.
On 16 March 2023, the Commission de Surveillance du Secteur Financer in Luxembourg updated its FAQ on the regulation of cross-border fund distribution regulation.
Today, the European Commission published in the Official Journal of the European Union, a correction of the new PRIIPs RTS (EU) 2021/2268 of 6 September 2021.
On 15 March 2023, the Consob published the new tariff applicable in 2023 to the supervised entities or financial products marketed in Italy.
Yesterday, the Commission de Surveillance du Secteur Financier published a new version of its FAQ on Sustainable Finance Disclosure Regulation (SFDR).
Three questions have been added alongside to an update of all communications made so far by the CSSF on this topic.
Friday 10 March 2023, the CSSF published a communication on the recent entry into force of the Commission Delegated Regulation (EU) 2023/363 of 31 October 2022 amending and correcting the regulatory technical standards laid down in Delegated Regulation (EU) 2022/1288 as regards the content and presentation of information in relation to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentally sustainable economic activities (amended SFDR RTS).
On Friday 10 March 2023, ESMA published a new version of its AIFMD Q&A including a new Section XVI Exemptions.
On 8 March 2023, the FinDatEx opened a consultation on a new EMT version (V4.1) the aim is to cover the needs for the UK distributors to comply with the Consumer Duty regime.
The European Commission published last week a correction of the French version of the CDR (EU) 2023/363 of 31 October 2022 amending and correcting the regulatory technical standards laid down in Delegated Regulation (EU) 2022/1288 as regards the content and presentation of information in relation to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentally sustainable economic activities. We can be sure that it will not be the last one.