Regulatory Alerts2022-01-31
CSSF Circular 22/795 on ESMA Guidelines for Marketing Communications under the CBDF Regulation
The Commission de Surveillance du Secteur Financier issued Circular 22/795 to apply the European Securities and Markets Authority guidelines on marketing communications within the framework of the Cross-Border Distribution of Funds Regulation. This document establishes the regulatory requirements for collective investment undertakings to ensure their marketing materials comply with ESMA standards and EU cross-border distribution rules. It serves as the primary guidance for financial institutions operating in Luxembourg regarding compliant promotional activities for investment products.
Published on 31 January 2022
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CSSF circular
Application of the Guidelines of the European Securities and Market Authority on marketing communications (ESMA34-45-1272) under Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019 on facilitating cross-border distribution of collective investment undertakings and amending Regulations (EU) No 345/2013, (EU) No 346/2013 and (EU) No 1286/2014 (the “CBDF Regulation”)
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Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019
on facilitating cross-border distribution of collective investment undertakings and amending Regulations (EU) No 345/2013, (EU) No 346/2013 and (EU) No 1286/2014 (Text with EEA relevance)
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