ES – CNMV consults on the revision of its technical Guide 1/2017 on transparency of funds with certain strategies
23rd February 2023

On 13 February, the Spanish financial markets regulator published a consultation aimed to revise the Technical Guide on the reinforcement of CIS’s transparency with the specific performance objective and of fixed income CIS with a buy-and-hold strategy.

This technical guide is obviously applicable to Spanish funds but foreign funds marketed in this country are also indirectly concerned via their local distributors as confirmed by the CNMV questioned on this topic.