ESMA_QA_2181
Topic
Crypto-Asset Service Provider (CASP)
14/05/2024
Subject Matter
Publication of information by CASPs providing the service of exchange of crypto-assets for funds or other crypto-assets
Question
Where should a CASP exchanging crypto-assets for funds or other crypto-assets publish the “firm price or method of determining the price of the crypto-assets" as required by Article 77(2) of MiCA?

Where should they publish the “information about the transactions concluded by them, such as transaction volumes and prices”, as required by Article 77(4) of MiCA?
Level 1 Regulation
MiCA
ESMA_QA_2176
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Can the manager of a Fund of Funds (FoF) charge performance fees?
Level 1 Regulation
Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
ESMA_QA_2175
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Can the manager of a Fund of Funds (FoF) charge performance fees?
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
ESMA_QA_2174
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Where a manager applies an additional reference indicator to the performance fee model (e.g.: a hurdle rate on top of the High-Water Mark model or the benchmark model), should the minimum performance reference period be applied to the additional reference indicator?
Level 1 Regulation
Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
ESMA_QA_2173
Topic
Costs and fees
08/05/2024
Subject Matter
Performance fees
Question
Where a manager applies an additional reference indicator to the performance fee model (e.g.: a hurdle rate on top of the High-Water Mark model or the benchmark model), should the minimum performance reference period be applied to the additional reference indicator?
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC