Thursday February 18 2021

News Source: Fund Regulation

Focus: UCITS

Type: General

Country: Luxembourg

On the 18th February 2021, the CSSF revised the mandatory notification form 02/77 for the submission to the CSSF of notifications on NAV calculation errors and non-compliances with the investment rules.

The introduction of a revised version of the form on 18 February 2021 follows the experience gained by the CSSF since 2017 and pursues in particular the objective to facilitate the filling of the form by the notifying entities and to further streamline its content.

The changes brought to the form include:

  • the introduction of additional drop-down menus (e.g. categorization of investment breaches);
  • the removal of some data fields (e.g. share class specific information)
  • the addition of some data fields (notably on corrective measures implemented at the level of the fund for avoiding the reoccurrence of similar incidents in the future)

The revised notification form should be used with immediate effect; notifications using the old form will be accepted until 22 March 2021. Notifications should be sent electronically to the email address

Click here for the revised notification form 02/77.

Click on the above link for further information.