New CSSF PRIIPs assessment request

In the context of the dematerialisation of CSSF requests¹ , the CSSF requires all Luxembourg regulated investment funds, i.e. SIFs, Part II UCIs and SICARs to complete an online assessment which replaces the previous self-assessment confirmation on the exclusive professional investor status under the PRIIPs Regulation.

SIFs, Part II UCIs and SICARs which have already provided the CSSF with the previous assessment are not exempt from the obligation to complete the new online assessment. The deadline is fixed on 31 October 2019. Access to the online assessment is currently restricted to central administrations, however, it will be extended to management companies at the end of July 2019 and to other entities/persons at a later stage.