In our last Market Pulse of 2024, we start with a commentary on the CSSF position regarding investment compliance rules in the context of the US shift to T+1 settlement.
This is followed by an update on sustainable finance, covering everything from funds’ name guidelines, CSSF Circular 24/863, the SFDR review, the ESAs’ clarification on SFDR, the ESAs’ third report in principle adverse impact and CS3D.
Finally, we take a look at the Swiss market, and how Switzerland plays an important role in Luxembourg’s fund industry, being the fourth biggest UCI initiator in the country, in terms of net assets under management.Â
In our flash news, updates are provided on liquidity management, AML, tax, and ELTIF 2.0, among others.
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