The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) has published a new simplified procedure for creating new share classes that do not require a prospectus update, applicable to UCITS, UCI Part II, specialised investment funds (SIFs) and investment companies in risk capital (SICARs). The procedure applies where the characteristics of the new share class are already defined in the current version of the fund’s prospectus. Submissions must follow the principles set out in the CSSF’s dedicated form and provide the relevant share-class information using the standardised table.
Luxembourg Commission de Surveillance du Secteur Financier 2025-02-12
Luxembourg Commission de Surveillance du Secteur Financier publishes simplified procedure for creating new fund share classes without prospectus updates
The Luxembourg CSSF introduced a simplified procedure for creating new share classes without a prospectus update for UCITS, UCI Part II, SIFs, and SICARs, applicable when characteristics are defined in the current prospectus. Submissions must adhere to the CSSF's form and include relevant information in a standardised table.