Navigating greenwashing and regulatory shifts
A focus on sustainability, digital resilience, and regulatory compliance will significantly influence investment strategies and operations, demanding heightened vigilance and adaptability from global asset managers. As Investment Officer Knowledge Partners, Tom Loonen, Lous Vervuurt and Jan Saalfrank at Pinsent Masons review key developments in Luxembourg and Dutch fund matters.
Sustainability claims need to be fair, clear, not misleading
Financial supervisors across Europe are actively providing industry guidance on sustainability claims that financial firms attach to their products. EU-level guidance calls for communications with investors that is fair, clear and not misleading. In Luxembourg, CSSF has outlined its expectations of investment fund managers in a thematic review published in August.
Modernising investments: Luxembourg has done it again
The Luxembourg legislator has done it again: with Bill 8183 (the “Bill”), which entered into force on 28 July 2023 after passing the Luxembourg Parliament, the Luxembourg funds toolbox has been carefully modernised, write Pinsent Masons’ Tom Loonen, Lous Vervuurt and Jan Saalfrank in their latest contribution as Investment Officer knowledge partner.