Regulatory notices

On 17 May 2023, ESMA published on its website two consolidated versions of the ESAs Joint Committee FAQs on PRIIPs and SFDR.

On 16 May 2023, the CSSF published the Circular 23/833 “Communication means for requests and reporting to the CSSF” repealing Circulars CSSF 08/334 on encryption specifications for reporting firms and CSSF 08/344 on the provisions relating to the transmission of reporting files to the CSSF).

On 17 May 2023, ESMA published the compliance table Guidelines on marketing communications under the Regulation on the cross-border distribution of funds (ESMA34-45-1445).

On 17 May 2023, the ESMA published an opinion on undue costs in funds.

This initiative follows the publication by ESMA of a supervisory briefing on the supervision of costs in UCITS and AIFs (supervisory briefing) in 2020 and later in 2021 by a Common Supervisory Action with NCAs on the supervision of costs and fees of UCITS across the EU/EEA.

On 4 May 2023, the Commission de Surveillance du Secteur Financier published a « Communiqué » on the extension of the deadline for the collection of SFDR disclosures introduced earlier in March.

The FinDatEx initiative made an editorial update on its European MiFID Template (EMT) V4.1

The Netherlands Authority for the Financial Markets (AFM) provided clarifications regarding mistakes often made by AIFMs while submitting the Annex IV AIFMD reporting.

On 12 April 2023, the Joint Committee of the European Supervisory Authorities (ESAs) launched a consultation on the review of the SFDR upon request of the European Commission.

The Joint Committee has planned to submit its final report to the Commission in October this year.

On 14 April 2023, the European Commission published the long awaited answers to the ESAs’ questions submitted in September 2022 on some article’s interpretation of SFDR.