ARTICLE
17 February 2025

New Simplified CSSF Procedure For The Creation Of New Share Class(es) Not Requiring A Prospectus Update

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ELVINGER HOSS PRUSSEN, société anonyme

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Independent in structure and spirit, Elvinger Hoss Prussen guides clients on their most critical Luxembourg legal matters. Committed to excellence and creativity in legal practice, our firm delivers the best possible advice for businesses, institutions and entrepreneurs, playing a unique role in the development of Luxembourg as a financial centre.
The CSSF published today a new simplified procedure for creating new share class(es) within UCITS, UCI part II, SIFs, and SICARs...
Luxembourg Finance and Banking

The CSSF published today a new simplified procedure for creating new share class(es) within UCITS, UCI part II, SIFs, and SICARs that do not require a prospectus update. In order to benefit from this new simplified procedure, the characteristics of the newly created share class(es) must already be covered and defined in the current version of the prospectus.

In this context, the CSSF has issued a new dedicated form that will have to be completed and submitted to the CSSF.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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