meta_id 3411469

On August 17, 2026, Denmark's Financial Supervisory Authority (Finanstilsynet) published a new template for managers of open-ended funds to use when notifying the authority about suspensions and other liquidity management tools. New rules governing liquidity management tools for Undertakings for Collective Investment in Transferable Securities (UCITS) and Financial Assets Investment Funds (FAIFs) managing open-ended funds entered into force on April 16, 2026. These rules introduced new notification requirements to Finanstilsynet when certain liquidity management tools are activated or deactivated, including suspension of subscriptions, redemptions, and repurchases. Managers must now submit notifications about the activation or deactivation of suspensions and other liquidity management tools using Finanstilsynet's new template, published on the authority's website dedicated to liquidity management tools. During a transition period, the existing form for suspension notifications on virk.dk cannot be used. Finanstilsynet emphasises that a separate notification must be submitted for each fund; multiple funds cannot be combined in a single notification. The template must be completed and submitted according to instructions provided on Finanstilsynet's website, where additional information about the notification process is available. Fund managers should ensure compliance with these new requirements by using the updated template for all liquidity management tool notifications going forward. The transition period allows for a gradual shift from the previous notification method to the new standardised template. REFERENCES: Finanstilsynet. "Ny skabelon til underretning om likviditetsstyringsværktøjer for forvaltere af åbne fonde." August 17, 2026. Available at: https://www.finanstilsynet.dk/