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Luxembourg: Reform Of Circular 02/77 On NAV Calculation Errors And Investment Breaches - CMS Luxembourg
Credit: Mondaq- Published 3 weeks ago
On 29 March 2024, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published its long-awaited Circular 24/856 (the Circular) on investor protection...
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The CSSF published Circular CSSF 24/856 on investor protection in the event of a NAV calculation error, non-compliance with investment rules, and other errors...
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This new circular continues to address errors in NAV calculation, investment rule breaches, and other errors in collective investment undertakings (UCIs) but has...
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