Communication on the SFDR fast track procedure and the deadline of 10 March 2021

Press release 21/03

The CSSF would like to remind that UCITS management companies and alternative investment fund managers will have to comply with Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector (SFDR Regulation) for 10 March 2021.

For the purpose of bringing pre-contractual information within the meaning of Article 6 (3) of the SFDR Regulation in compliance with the SFDR Regulation, the CSSF published on 16 December 2020 on its website a Communication on its SFDR fast track procedure for the purpose of visa stamping of amended prospectuses/issuing documents.

UCITS management companies and alternative investment fund managers are reminded that the prospectuses/issue documents to be brought into compliance with the SFDR Regulation must be submitted by 28 February 2021 at the latest in order to be able to meet the deadline of 10 March 2021 of the SFDR Regulation.

To facilitate the examination of sustainability-related disclosures inserted in prospectuses/issuing documents submitted by ordinary procedure to amend a fund, the CSSF informs that it has adapted the confirmation letter of the SFDR fast track procedure so that it can also be used to support the review of sustainability-related disclosures included in a prospectus/issuing document submitted outside the SFDR fast track procedure.

Name	Description	Duration
cssf_cookies	Saves information regarding the user's consent to the use of cookies for each optional category.	1 year
ROUTEID	Technical cookie allowing load distribution.	Deleted when the browsing session ends
TBMCookie*	Security: This cookies protects the website against automated attacks.	Deleted when the browsing session ends
__utmvc	These first party cookies are set by a third party service to filter out malicious requests.	Deleted when the browsing session ends
__utmvm*	These first party cookies are set by a third party service to filter out malicious requests.	15 minutes

Name	Description	Duration
cssf_profile	This cookie adapts the website pages to the profile chosen by the visitor (professionals, markets, consumers).	1 year
pll_language	This cookie saves the user’s language choice.	1 year

Name	Description	Duration
_pk_id.#	Collects anonymous statistical data on the website consultations, such as the number of visits or the average time spent on the website. The data is processed in-house and is not shared with a third party.	1 year
_pk_ses.#	Collects anonymous statistical data for the tracking of the pages consulted during the browsing session. The data is processed in-house and is not shared with a third party.	30 minutes

Communication on the SFDR fast track procedure and the deadline of 10 March 2021

Communication on regulatory requirements and fast track procedure in relation to Regulation (EU) 2019/2088 on the sustainability-related disclosures in the financial services sector

Communication to the investment fund industry on regulatory requirements in relation to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) and upcoming entry into force of SFDR Level 2 provisions (SFDR RTS)