ESMA_QA_2372
13/12/2024
Subject Matter
Guidelines on funds' names
    How should the exclusions related to controversial weapons referred to in Commission Delegated Regulation (EU) 2020/1818 be interpreted for different types of controversial weapons?
    ESMA Answer
    13-12-2024

      For the purpose of applying the exclusions referred to in paragraphs 16-18 of the Guidelines related to Article 12(1)(a) of Commission Delegated Regulation (EU) 2020/1818 (companies involved in any activities related to controversial weapons), national competent authorities may, in the absence of any other clarification in that Delegated Regulation, refer to the list of controversial weapons provided in indicator 14 of Table 1 of Annex I of Commission Delegated Regulation (EU) 2022/1288, namely “anti-personnel mines, cluster munitions, chemical weapons and biological weapons”. 

      Status: Answer Published

      Additional Information

      Level 1 Regulation
      Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
      Level 2 Regulation
      AIFMD - Regulation 231/2013 with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision
      Level 3 Regulation
      ESMA Guidelines on funds’ names using ESG or sustainability-related terms (ESMA34-1592494965-657)
      Topic
      Funds’ names