Regulatory Alerts2025-01-21 | C678CySEC Circular C678: Guidelines on funds’ names using ESG or sustainability-related terms
The Cyprus Securities and Exchange Commission (CySEC) has adopted ESMA's Guidelines on funds’ names using ESG or sustainability-related terms, extending their applicability to Cyprus sub-threshold AIFMs. These guidelines impose specific criteria to ensure that fund names incorporating ESG or sustainability terms are fair, clear, and not misleading, thereby aligning with obligations to act honestly and fairly in marketing communications. Regulated entities must ensure compliance with these standards for new funds immediately and for existing funds by 21 May 2025.
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