LTH CB EU Guide on ESG Fund Names

Published on: Dec 10, 2024

On Dec. 5, LTH CB confirmed compliance with ESMA guidelines.

  • LTH CB said that it will follows ESMA guidelines on fund names using ESG terms.
  • Follows ESMA issued translations of fund name guidelines in EU languages, #153820.
  • Collective investment undertakings/their managers, pension accumulation companies, pillar II and III pension funds operating in LTH will have to follow these guidelines.
  • Guidelines set out recommendations on composition of funds' investments depending on environmental, social and governance or sustainability concepts used in fund name.
  • Effectiveness
  • Decision in force from May 21, 2025.
Regulators
LTH CB
Entity Types
HF; IA; Inv Co; MMF; Pension
Reference
PR, 12/5/2024; ESMA34-1592494965-657
Functions
Compliance; C-Suite; Environment; Product Design; Social
Countries
Lithuania
Category
State
N/A
Products
Commodities; Fund Mgt; Hedge Funds; MMF: Money Market Fund; Mutual Funds; Pensions
Rule Type
Final
Regions
EMEA
Rule Date
Dec 5, 2024
Effective Date
May 21, 2025
Rule ID
236137
Linked to
Rule :153820
Reg. Last Update
Dec 5, 2024
Report Section
EU