Evolving UCI and IFM marketing notification procedures

On 12 May 2022, the CSSF (Commission de Surveillance du Secteur Financier) issued Circular CSSF 22/810 (only in French) regarding the notification and de-notification procedures to be observed by Luxembourg undertakings for collective investment (UCIs) and investment fund managers (IFMs) for pre-marketing and cross-border marketing.

Circular 22/810 aims at notifying UCIs and IFMs that notification procedures and de-notification procedures for pre-marketing and cross-border marketing will be progressively available on the CSSF E-desk portal. In consequence, Circular CSSF 11/509 applicable to UCITS shall be repealed.

The CSSF will continue to inform entities in scope of Circular 22/810 (ie Luxembourg UCITS, AIFMs and managers of EuVECAs and EUSEF) on the evolution of available procedures on its E-desk portal.