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ESMA publishes translations of fund name guidelines

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Published on: 21 August 2024

Published by LNB News

LNB News 21/08/2024

Document Information

Issue Date: 21 August 2024

Published Date: 21 August 2024

Jurisdiction(s): Eire and European Union

Article summary

The European Securities and Markets Authority (ESMA) has published the translations in all official EU languages of its guidelines on fund names using environmental, social and governance (ESG) or sustainability-related terms, which aim to ensure that investors are protected against unsubstantiated or exaggerated sustainability claims. The guidelines will start applying three months after this publication, ie on 21 November 2024. The transitional period for funds existing before the application date will be six months after that date, ie 21 May 2025. Any new funds created on or after the application date should apply the guidelines immediately.

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