Regulatory Alerts2020-12-18
CSSF Guidelines on Performance Fees in UCITS and Certain Types of AIFs
The Commission de Surveillance du Secteur Financier (CSSF) issued these guidelines to clarify the regulatory framework for performance fees in UCITS and certain Alternative Investment Funds (AIFs). The document establishes specific requirements and best practices for the calculation, transparency, and fairness of performance fees to ensure investor protection. It aims to harmonize market practices and ensure that fee structures align with the long-term interests of fund investors.
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