The Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier ("CSSF"), issued a template application questionnaire for Luxembourg alternative investment fund managers ("AIFMs") who may already wish to obtain approval by the CSSF as an AIFM. In this respect, please note that all Luxembourg AIFMs shall be approved by the CSSF before July 22nd 2014.
The CSSF also issued on June 18th 2013 a "Frequently Asked Questions" document (FAQ) on the AIFM Law. The FAQ highlights some of the key aspects of the AIFMD from a Luxembourg perspective. It covers the scope of the AIFM Law, the particularities of the authorisation regime as an AIFM in Luxembourg and the requirements applicable to AIFMs in respect to the delegation of tasks to external fund services providers.
In addition, the FAQ provides for much-needed clarifications on the transitional provisions laid down in the AIFM Law.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
