Drawing on input from National Competent Authorities, the report finds that national rules governing the marketing of funds have not undergone any significant changes since the publication of the second report in 2023.
ESMA has used the opportunity of this report to provide stakeholders with statistics on the volume of cross-border fund notifications. In particular, the analysis shows that Luxembourg and Ireland are the leading notifying jurisdictions, accounting for 59% and 30% respectively. UCITS notifications comprise 56% of the total fund notifications, while AIFs account for 44%. This information was retrieved from the ESMA database, which lists all notifications of cross-border marketing of funds.
Next steps
The report will now be submitted to the European Parliament, the Council and the European Commission.
Further information:
Ana Dilaverakis
Communications Officer
press@esma.europa.eu