2022-07-28
The Commission de Surveillance du Secteur Financier issued Regulation No 22-05 on 27 July 2022 to amend CSSF Regulation No 10-04. This amendment modifies the regulatory framework transposing Commission Directive 2010/43/EU, which implements Directive 2009/65/EC regarding UCITS. The changes specifically address organisational requirements, conflicts of interest, conduct of business, risk management, and the content of agreements between depositaries and management companies.