Circulars

Circular CSSF 04/146

17.06.2004: Protection of undertakings for collective investment and their investors against Late Trading and Market Timing practices

This circular clarifies the protective measures to be adopted by UCIs and certain of their service providers, fixes more general rules of conduct to be complied with by all professionals subject to the supervision of the CSSF and extends the role of the auditor as regards the Late Trading and Market Timing practices.

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