|
The CSSF has issued on 21 June 2016 Circular CSSF 16/636 whose purpose is to implement the “ESMA Guidelines on Alternative Performance Measures” (Ref. ESMA/2015/1415) (hereafter the “Guidelines”), published on 5 October 2015 by the European Securities and Markets Authority (ESMA), into Luxembourg regulations. The Guidelines apply in relation to Alternative Performance Measures (hereafter “APMs”) disclosed by issuers or persons responsible for the prospectus when publishing regulated information or prospectuses for securities.
This circular as well as ESMA Guidelines have entered into force on 3 July 2016.
In the context of the publication of the 2016 half-yearly financial reports by issuers of securities under the law of 11 January 2008 on...
|