Clifford Chance

Coronavirus: New CSSF Online Weekly Questionnaire for Fund Managers

13 April 2020

On 9 April 2020, the Luxembourg financial sector supervisory authority (CSSF) published a communiqué informing investment fund managers (IFMs) of the launching of a new online weekly questionnaire (Weekly IFM Questionnaire) the objective of which is to continue ongoing supervision of the investment fund sector during the current period of market turbulence by providing the CSSF with weekly updates on financial data and governance arrangements in relation to the activities performed by certain IFMs established in Luxembourg or in other EU/non-EU countries and managing at least one UCITS, AIF and/or any other UCI (not qualifying as AIF) in view of the specific circumstances and risks to which these companies are exposed to during the current period of market turbulence.

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