ARTICLE
12 July 2023

Cross-Border Distribution: CSSF FAQ On CBDF Notification Procedures

On 16 March 2023, the CSSF updated its FAQ on CBDF notification procedures. In this update, the CSSF clarifies the following points...
Luxembourg Finance and Banking
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On 16 March 2023, the CSSF updated its FAQ on CBDF notification procedures.

In this update, the CSSF clarifies the following points:

  • distinction between voluntary and non-voluntary cross-border marketing de-notifications for undertakings for collective investment in transferable securities ("UCITS") and alternative investment funds ("AIFs") and conditions to be complied with in both cases;
  • (pre-)marketing notification and de-notification procedures by Luxembourg alternative investment fund managers ("AIFMs"), which are exclusively available through the eDesk Portal.

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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