CSSF updates SFDR FAQ
The CSSF, Luxembourg’s regulator, has published an updated version of its SFDR FAQ.
The revision includes updates to the list of ‘Key European and CSSF publications’ regarding SFDR and adds three new questions to the FAQ.
The new content is as follows and appears in questions seven to nine of the FAQ:
ESG and sustainability-related terminology in investment fund names
The CSSF calls for managers disclosing under 6, 8, or 9 of the SFDR to avoid misrepresentation and misinformation of funds, aligning fund names with fund documentation.
It recognises ESG-related terminology should only be used in investment fund names when supported by material ESG or sustainable characteristics, themes or objectives outlined in pre-contractual disclosures of the fund.
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