Regulatory notice

LU – The CSSF published last Friday a White Paper on Distributed Ledger Technologies (DLT) and Blockchain with the aim to guide its supervised entities to conduct their due diligence process related to the DLT and its use in the provision of services.

ESMA announced yesterday the forthcoming launch of a Common Supervisory Action with National Competent Authorities (NCAs) on valuation of UCITS and open-ended AIFs.

Yesterday the BaFin published an updated German version of its Guidance Notice on the marketing pursuant to section 330 of the Investment Code (KAGB) of foreign AIF or EU AIF. The previous update of this guidance notice was made in 2018. Currently only the German version is available on the BaFin website.

An English translation may be provided upon request.

Yesterday, the Commission de Surveillance du Secteur Financier updated its Notification letter for pre-marketing activities of non-EU AIFMs.

Last Friday, the CSSF published the UCITS identifier codes to be used in the Risk Reporting as of December 2021.

The Banque de France published on Friday an updated version of its OPC2 “Contrôle métier” file only a few days after the preceding update.

The Banque de France yesterday published several revised documents on OPC2, the new reporting framework for French and Monaco collective investment schemes.

We have identified the following changes:

On 10 January 2022, the Financial Conduct Authority published its new pricing model for applications together with its related Policy Statement 22/1.

In the press release issued last December by the CSSF to inform the publication of Circulars 21/788, 21/789 and 21/790 regarding IFMs and UCIs, the regulator announced the publication of the eDesk user guide explaining how to use the application to submit the newly introduced reports.