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Luxembourg investment funds aren't complying with EU benchmark rules, regulator says

( July 29, 2021, 16:04 GMT | Official Statement) -- MLex Summary: Luxembourg investment fund managers showed a "low level" of compliance with EU rules on financial benchmarks, the country's financial regulator said following a series of inspections which took place in 2020. The CSSF said that in particular, many mutual funds were failing to include in their prospectuses details of whether financial indexes were registered with EU securities-market watchdogs.Statement from CSSF attached. ...

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