The Cross-Border Funds Distribution (CBFD) legislative package has been published in the Official Journal of the European Union

The Cross-Border Funds Distribution (CBFD) legislative package consists of a Regulation and a Directive which were published in the Official Journal of the European Union on 12 July 2019. Member States have until 2 August 2021 to transpose the Directive.  The Regulation applies from 1 August 2019 although there are various implementation dates for the different provisions.