Further to the publication by ESMA of the guidelines on performance fees for UCITS funds and certain AIFs, FSMA confirmed via its Communication FSMA_2020_17 that the authority will integrate these guidelines into its control system as from 05/01/2021.
Please be reminded that the guidelines apply to UCITS funds and certain AIFs as follows:
Please refer to the KPMG Newsletter “ESMA released performance fee guidelines for UCITS and certain AIFs” for the main impacts.
Please feel free to contact us should you require any additional information.
Please note that any information provided is general in nature, is based on the latest publicly available information as analyzed on a best endeavor basis and does not constitute any specific legal opinion or advice.
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