Sector · Regulation

CSSF drafting EU best practice for handling NAV errors 

CSSF seen drafting EU best practice for handling NAV errors 
Financial regulators across Europe are keeping a close eye on their Luxembourg counterpart CSSF, which is reviewing its rules that tell investment firms how to handle errors in calculations of Net Asset Values, or NAVs. “I think that we may consider the CSSF approach as a best practice.”

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