The Taxonomy Regulation (“TR”) enters into force on 1 January 2022. In this context, financial market participants managing financial products subject to Articles 8 and 9 of #SFDR will be required to make disclosures in accordance with Article 5, 6 and 7 of the TR with regard to the environmental objectives of climate change mitigation and climate change adaptation in their pre-contractual disclosures by the end of the year.
In this regard, the Commission de Surveillance du Secteur Financier (CSSF) has put in place a “TR FastTrack Procedure” to facilitate the submission of #UCITS prospectus/issuing document updates to the CSSF. Submissions must be made by 17 December 2021 the latest in order to qualify for a visa stamp prior to 31 December 2021. Submissions for #AIFs will be performed by their respective #AIFM.
Call us today for further details: +352 2664-1
We operate around the principle that if our people have a stake in the business, they will do a better job for our clients. We have a committed and stable team, as they see the benefit of long-term value creation through building long-standing relationships. We build value for clients, and their end customer.
You can have the best technology and the most efficient processes in the world, but if you don’t have the people to operate them, your business is worth very little. Thus, our biggest asset is our team of professional and passionate experts.
We operate next generation technology through a combination of in-house, and best in market solutions to deliver an impeccable service and use technology to excel in both service delivery and efficiency.
We delight in valued long-term partnerships with clients, team, industry partners and our stakeholders. We aim to work with clients who share our belief in the importance of building strong partnerships over time.