COVID-19: Use Of Swing Pricing Up To And Above The Maximum Level

In a FAQ of 20 March 2020, the CSSF provides clarifications on the use of swing pricing mechanism by UCIs (UCITS, UCI Part II & SIFs) as well as the conditions to be met to go beyond the swing pricing level set out in the prospectus, even when the possibility to go beyond is not provided for in the prospectus.

More information on this topic can be found in the special COVID-19 website section and in our latest related articles (see below):

- Investment funds and financial institutions: CSSF FAQ on minimum IT security requirements for remote access;

- Investment Funds and Financial Institutions: Update on various CSSF...