Introduction of a form file for the transmission of notifications in the framework of Circular CSSF 02/77 on NAV calculation errors and non-compliance with the investment rules

The CSSF would like to inform you that the notification to be submitted to the CSSF in case of a calculation error of the Net Asset Value (NAV) or non-compliance with the investment rules in accordance with Circular CSSF 02/77 applicable to undertakings for collective investment (UCIs) must henceforth be transmitted via the form file “Notification of NAV calculation error and non-compliance with the investment rules”. This form file may be downloaded below where you may also find the relevant additional explanations.

This form file, applicable to UCIs subject to the Law of 17 December 2010 as well as to specialised investment funds subject to the Law of 13 February 2007, is in Excel format and is intended to collect all the information necessary for the CSSF in the framework of a NAV calculation error or non-compliance with the investment rules.

The form file must be sent electronically to the following address opc.prud.sp@cssf.lu. This new procedure is applicable with immediate effect; however, the notifications sent to the CSSF in a different format will be accepted until 1 March 2017.

After that date, the use of the form file is compulsory.