GLOSSARY

AIF

Alternative investment fund

AIFM

Alternative investment fund manager

AIFM Law

Law of 12 July 2013 on alternative investment fund managers

AIFMD

Alternative investment fund managers directive

ALFI

Association of the Luxembourg fund industry

AML/CFT

Anti-money laundering and counter terrorism

CSA

Common supervisory action

CASPs

Crypto-asset service providers

CSSF

Luxembourg supervisory authority for financial services (Commission de Surveillance du Secteur Financier)

CSRD

Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022 amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU, as regards corporate sustainability reporting

ESAs

European supervisory authorities

ESG

Environmental, social, and governance

ESMA

European securities and markets authority

EU

European Union

FAQ

Frequently asked questions

GHG

Greenhouse gas

IFRS

International financial reporting standards

ITS

Implementing sechnical standards

MiCAR

Regulation on markets in crypto-assets

MiFID II

Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU

NCA

National competent authorities

NFRD

Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014 amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups

PAI

Principal adverse impact

Q&A

Questions & answers

RTS

Regulatory technical standards

SMSG

Sustainable finance advisory group

SFDR

Sustainable Finance Disclosure Regulation

SME

Small and medium-sized enterprises

Taxonomy Regulation

Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment

TFR

Transfer of Funds Regulation

VA

Virtual assets

VASP

Virtual asset service providers