GLOSSARY

AIF

Alternative investment fund

AIFM

Alternative investment fund manager

AIFMD

Alternative investment fund manager directive

AIFM Law

Law of 12 July 2013 on alternative investment fund managers as amended

AML/CFT

Anti-money laundering and counter terrorism

CSSF

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

DORA

Digital Operational Resilience Act

ELTIF

European Long-Term Investment Fund

ESAs

European supervisory authorities

ESG

Environmental, social, and governance

ESMA

European securities and markets authority

EU

European Union

EuSEF

European social entrepreneurship fund

EuVECA

European venture capital funds

FAQ

Frequently asked questions

FATF

Financial Action Task Force

ICT

Information and communication technology

ITS

Implementing Technical Standards

LMT

Liquidity Management Tools

MAR

Market Abuse Regulation (Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC)

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

MMF

Money market fund

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

NIS Law

Law of 28 May 2019 on Network and Information Systems

PRIIPs KID

Packaged retail and insurance-based investment products key information documents

RAIF

Reserved Alternative Investment Fund

REA

Approved statutory auditors (réviseurs d’entreprises agréés)

RTS

Regulatory technical standards

SDG

Sustainable Development Goals

SFDR

Sustainable Finance Disclosure Regulation

SICAR

Investment Companies in Risk Capital

SIF

Specialised Investment Fund

TFR

Transfer of Funds Regulation

UCI

Undertaking for Collective Investment

UCITS

Undertakings for Collective Investment in Transferable Securities

UCITS Law

Law of 17 December 2010 relating to undertakings for collective investment, as amended

UN

United Nations