Arne Bolch

Mar 29, 2024 | jdsupra.com | Arne Bolch |Patrick Goebel |Matthias Kerbusch

Key Takeaways European Securities Market Authority (ESMA) submitted draft ELTIF 2.0 Regulatory Technical Standards (RTS) to the European Commission in December 2023. European Commission has informed ESMA it will only adopt the RTS once certain amendments have been made. European Commission requires material changes to the RTS proposals relating to the redemption policy including abandoning the 12-month minimum redemption notice period.

Jan 12, 2024 | jdsupra.com | Arne Bolch |Patrick Goebel |Matthias Kerbusch

Key Takeaways ESMA has submitted its proposals for RTS supplementing ELTIF 2.0 to the European Commission The RTS detail stringent conditions on liquidity and redemption provisions including in principle maximum quarterly redemption frequency and minimum 12 months prior notice Information is provided on the requirement to have in principle at least one anti-dilution liquidity management tool There is further clarification on matching mechanism and cost disclosures Introduction and background...

Jul 26, 2023 | jdsupra.com | Arne Bolch |Olivier Gaston-Braud |Patrick Goebel

On 11 July 2023, the Luxembourg Parliament adopted bill of law n°8183 which amends five existing Luxembourg laws relating to alternative investment funds (“AIFs”) and alternative investment fund managers (“AIFMs”), namely the UCI Act1, the SICAR Act2, the SIF Act3, the RAIF Act4 (the “Fund Product Laws”) and the AIFM Act5. For a summary of the bill of law, please refer to our OnPoint by clicking here.

Apr 12, 2023 | jdsupra.com | Arne Bolch |Katie Carter |Philippa List

CSSF Data Collection Exercise Relating to Certain SFDR Disclosures, CSSF SFDR FAQ Update and CSSF’s Supervisory Priorities in the Area of Sustainable Finance CSSF Data Collection Exercise Relating to Certain SFDR Disclosures Background European regulators have begun reviewing documentation and other information in connection with implementation of the EU’s Sustainable Finance Disclosure Regulation (SFDR)1 and the Taxonomy Regulation (RTS).2 On 27 July 2022, Luxembourg’s financial markets...