Publication of a policy statement in connection with the Overseas Funds Regime

The CSSF hereby informs you that the UK Financial Conduct Authority (FCA) has recently published a policy statement setting out the final rules and guidance necessary to implement the Overseas Funds Regime (OFR).

By way of a reminder, the OFR is meant to replace the current Temporary Marketing Permissions Regime once it expires. The CSSF invites Luxembourg domiciled UCITS and management companies to closely monitor any implications deriving therefrom to ensure a smooth continuity of their marketing activities towards UK investors.

All the necessary information and practical specifications in relation to the aforesaid policy statement can be found on the FCA’s website via this link: https://www.fca.org.uk/publications/policy-statements/ps24-7-implementing-overseas-funds-regime-ofr