The new CSSF FAQ – Sustainable Finance Disclosure Regulation

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On 2 December 2022, the CSSF issued an FAQ in relation to the Sustainable Finance Disclosure Regulation (EU) 2019/2088 (SFDR) (“FAQ”). In its FAQ the CSSF (i) defines which financial market participants (“FMPs”) and financial products are targeted while (ii) providing at the same time further clarifications on aspects of the SFDR.

Scope of the FAQ

The FAQ shall apply to the following FMPs:

Financial products within the scope of the FAQ will be Alternative Investment Funds (AIFs) and Undertakings for Collective Investment in Transferable Securities (UCITS) as referred to under Article 2 SFDR.

According to the CSSF, this FAQ must be read in conjunction with the FAQs issued by the EU Commission, clarifications from the European Supervisory Authorities and CSSF Communiqués on SFDR. In this article, all terms not otherwise defined shall have the same meaning as in the FAQ.


Should you require more detailed information and assistance on the above topic and its implications, please liaise with your usual contact on the Fund Formation Team.

Access the full CSSF FAQ here_

Download the press release

Luxembourg Newsflash – The new CSSF FAQ – Sustainable Finance Disclosure Regulation

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