Fund Distribution Alert 2021-08

Fund Distribution Alert 2021-08



Said Fihri

Partner, ADV – Investment Services

KPMG in Luxembourg


ESMA releases final report on cross-border fund distribution information

ESMA published on 1 February 2021 its final report concerning draft implementing technical standards (“ITS”) under the Regulation on cross-border distribution of funds. The report covers information which is to be published by national competent authorities (“NCAs”) and ESMA itself on the following subjects, as previously reported:

  • The publication of local laws and regulations applicable to the marketing requirements of UCITS and AIFs in their jurisdiction;
  • Format of publications;
  • Summary of marketing requirements;
  • Presentation of fees and charges on cross-border activities;
  • Central database listing UCITS and AIFs marketed on a cross-border basis.

ESMA notes that the final draft of ITS differs little from the initial suggestions following the conclusion of the consultation.

The European Commission shall now decide within three months whether to adopt the ITS.

The final report is available here.

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.


Said Fihri
+352 22 51 51 7892

Stephanie Zedda
+352 22 51 51 7271

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