ESMA Opinion on Undue Costs CSSF SAQ and How They Result in Additional Documentation Requirements for AIFMs
ESMA Opinion on Undue Costs CSSF SAQ and How They Result in Additional Documentation Requirements for AIFMs On 17 May 2023, ESMA published its Opinion on undue costs of UCITS and AIFs (the “Opinion”).[1] The Opinion is the result of a common supervisory action (CSA) with national competent authorities (NCAs) launched by ESMA in January …