13
Feb
Today, the Commission des Surveillance du Secteur Financier (CSSF) published a press release to confirm that it expects all Luxembourg UCITS to comply with ESMA’s opinion on UCITS share classes (the Opinion).
Share classes that are not compliant with the Opinion, but established prior to 30 January 2017 should be closed for subscription by new investors by 30 July 2017 at the latest, and for additional investment by existing investors by 30 July 2018 at the latest.
New share classes of...