Orientations de l’AEMF (ESMA) relatives aux indicateurs alternatifs de performance : nouvelle circulaire CSSF 16/636 (uniquement en anglais)
Press release 16/29
The purpose of this circular is to implement the “ESMA Guidelines on Alternative Performance Measures” (Ref. ESMA/2015/1415), published on 5 October 2015 by the European Securities and Markets Authority (ESMA), into Luxembourg regulations.
The Guidelines apply in relation to Alternative Performance Measures (hereafter “APMs”) disclosed by issuers or persons responsible for the prospectus when publishing regulated information or prospectuses for securities.
The Guidelines are aimed at promoting the usefulness and transparency of APMs included in prospectuses or regulated information. Adherence to the Guidelines will indeed improve the comparability, reliability and/or comprehensibility of APMs.