NAV errors: Tighter control, clearer guidance seek to improve fund valuations

Image by Nick Youngson CC BY-SA 3.0 Alpha Stock Images
Image by Nick Youngson CC BY-SA 3.0 Alpha Stock Images
Luxembourg’s financial watchdog, the CSSF, has made important changes to its rules for valuations of investment funds, the first in two decades. While many things stay the same, some key updates—like lowering limits for money market funds and adding new checks before making investment decisions—are aimed at tightening control and providing clearer guidance.
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