Archives: Documents

10 Results

  • Studies and reports
    Document date: 18 December 2020

    CSSF Thematic Review Efficient Portfolio Management by UCITS – Revenues & Costs/Fees results

    Following the thematic review on the use by UCITS of efficient portfolio management techniques (EPM), this publication concerns the main observations made by the CSSF together with the related recommendations and improvements. The review was focused on the regulatory provisions on revenues and costs / fees arising from these EPM techniques as well as the related controls in place at the level of the management companies.

    Main topics: Securities Financing Transaction Regulation (SFTR)
    Relevant for: Management companies - Chapter 15 Undertakings for collective investment in transferable securities (UCITS)
    Topics: Internal governance Investor protection Risk management Supervisory disclosure UCI prospectus
  • CSSF FAQ
    Document date: 18 December 2020

    CSSF FAQ – Use of Securities Financing Transactions by UCITS

    This publication is a CSSF FAQ  in relation to the use by Luxembourg-domiciled UCITS of the following Securities Financing Transactions: securities lending transactions, reverse repurchase agreement transactions and repurchase agreement transactions. The objective of the FAQ is to bring further clarity concerning the use by UCITS of these SFTs, thereby taking into account the applicable regulatory framework as well as the supervisory experienced gained by the CSSF over the last years.

    Version 2

    Main topics: Securities Financing Transaction Regulation (SFTR)
    Relevant for: Investment fund managers Specialised investment funds (SIFs) Undertakings for collective investment in transferable securities (UCITS) Undertakings for collective investment subject to Part II of the Law of 17 December 2010 (Part II UCIs)
    Topics: Internal governance Investor protection Risk management Supervisory disclosure UCI prospectus
  • EU decision
    Document date: 13 November 2020
    Archived since 3 March 2026

    European Securities and Markets Authority Decision (EU) 2020/1689 of 16 September 2020

    renewing the temporary requirement to natural or legal persons who have net short positions to lower the notification thresholds of net short positions in relation to the issued share capital of companies whose shares are admitted to trading on a regulated market to notify the competent authorities above a certain threshold in accordance with point (a) of Article 28(1) of Regulation (EU) No 236/2012 of the European Parliament and of the Council

    Main topics: Short Selling (SSR)