GLOSSARY
AED
Luxembourg's Registration Duty, Estate and VAT Authority (Administration de l'enregistrement, des domaines et de la TVA)
AIF
Alternative investment fund
AIFM
Alternative investment fund manager
AIFMD
Directive 2011/61/EU of the European Parliament and of the EU Council of 8 June 2011 on alternative investment fund managers
AIFM Law
Luxembourg law of 12 July 2013 on alternative investment fund managers, as amended
AML/CFT
Anti-money laundering and countering financing terrorism
CAA
Commissariat aux Assurances
CBDR
Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019 on facilitating cross-border distribution of collective investment undertakings
CSSF
Commission de Surveillance du Secteur Financier - Luxembourg supervisory authority of the financial sector
Disclosures Delegated Act
Commission Delegated Regulation (EU) 2021/2178 of 6 July 2021 supplementing Regulation (EU) 2020/852 of the European Parliament and of the Council by specifying the content and presentation of information to be disclosed by undertakings subject to Articles 19a or 29a of Directive 2013/34/EU concerning environmentally sustainable economic activities, and specifying the methodology to comply with that disclosure obligation
ESAs
European supervisory authorities
ESG
Environmental, social, and governance
ESMA
European securities and markets authority
EU
European Union
FAQ
Frequently asked questions
FBI
Fiscale beleggingsinstelling - Dutch fiscal investment institution regime
FCP
Fonds commun de placement - Common funds
FMP
Financial market participant
IFM
Investment fund managers
ILO
International Labour Organization
KID
Key information document
NCA
National competent authority
NFRD
Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014
OECD
Organisation for Economic Co-operation and Development
PAI
Principal adverse impacts
PRIIPs
Packaged retail and insurance-based investment products
PRIIPs Regulation
Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs)
Q&A
Questions and answers
RAIF
Reserved alternative investment funds, subject to the law of 23 July 2016 on reserved alternative investment funds, as amended
RTS
Regulatory technical standards
SFDR
Sustainable Finance Disclosure Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector
SFDR CDR
Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of ‘do no significant harm’, specifying the content, methodologies and presentation of information in relation to sustainability indicators and adverse sustainability impacts, and the content and presentation of the information in relation to the promotion of environmental or social characteristics and sustainable investment objectives in pre-contractual documents, on websites and in periodic reports
SICAR
Investment company in risk capital, subject to the law of 15 June 2004 on investment company in risk capital, as amended
SIF
Specialised investment funds, subject to the law of 13 February 2007 on specialised investment funds, as amended
Taxonomy Regulation
Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment
UBO
Ultimate beneficial owner
UCI Undertaking for collective investment
UCI Part II
Undertaking for collective investment, subject to Part II of the law of 17 December 2010 on undertakings for collective investment, as amended
UCITS
Undertaking for collective investment in transferable securities, subject to the law of 17 December 2010 on undertakings for collective investment, as amended