Great Fund Insights: Taxonomy Regulation disclosures: Luxembourg guidance for funds and asset managers
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On 2 December 2021, the CSSF published a communiqué to remind financial market participants under the Taxonomy Regulation of certain Taxonomy Regulation pre-contractual disclosures required before 1 January 2022 and to offer fast-track procedure for UCITS prospectuses.
The CSSF has implemented a fast-track procedure for UCITS prospectus updates reflecting the disclosures under Articles 5, 6 and 7 of the Taxonomy Regulation, which correspond to financial products under respectively Articles 9, 8 and 6 under SFDR.
This Great Fund Insights alert focuses on the Taxonomy Regulation pre-contractual and periodic disclosures for funds and asset managers.
