The Belgian draft bill transposing the Directive (EU) 2019/1160 on facilitating cross-border distribution of collective investment funds (the ‘CBFD Directive’) is now published.
The Belgian Government has proposed the bill on the 2nd of June, including transposed texts, inter alia:
- The partial transposition of the CBFD Directive amending the UCITS IV Directive (2009/65/EC) and AIFM Directive (2011/61/UE) on the cross-border distribution of investment funds
- The partial transposition of 2019/2177 Directive amending Solvency II Directive (2009/138/EC) on insurance and reinsurance, MiFID II Directive (2014/65/EU) and the 5th Anti-Money Laundering Directive (2015/849)
- The SFDR Regulation (EU) 2019/2188 on sustainability‐related disclosures in the financial services
- The Taxonomy Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment
Our market intelligence team carries out a specific daily monitoring on the transposition of the CBFD Directive in each Member State.
FundGlobam will be happy to assist you should you require any further information.