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  • Article

    The CSSF Provides Helpful Guidance To The Industry On The Scope Of Loan Originating Activities That Do Not Require A License As A Professional Of The Financial Sector

    On 15 June 2021, the CSSF has informed the publication of the adaptation of its FAQ on the statuses of PFS with respect to the PFS status relating to the granting of loans to the public ...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    UCIs/IFMs: Self-assessment Questionnaire, Separate Report And AML/CFT External Report For 2023

    On 22 December 2021, the CSSF published Circulars 21/788, 21/789 and 21/790 which introduced new reports to be filed on an annual basis by IFMs and UCIs for prudential and AML/CFT purposes.
    LuxembourgFinance and Banking
ELVINGER HOSS PRUSSEN, société anonyme
ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    UCITS: CSSF's New Position On Investments In Other UCIs

    In a Press Release dated 5 January 2018, the CSSF announced a change in their position relating to the eligibility criteria of open-ended non-UCITS, ETFs and other UCIs ("Target UCI") ...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Umsetzung der AIFM Richtlinie in deutsches Recht Auswirkungen auf Deutsch-Luxemburger Fondstrukturen

    Nachdem ein erster Versuch zur Umsetzung der Richtlinie 2011/61/EU des Europäischen Parlaments und des Rates vom 8. Juni 2011 über die Verwalter alternativer Investmentfonds im Juli 2013 an den Bedenken des Bundesrates gescheitert war, wurde die Richtlinie nunmehr im Rahmen der Aufhebung des alten Investmentgesetzes und der Einführung des sogenannten Kapitalanlagegesetzbuchs mit Wirkung zum 23.
    LuxembourgFinance and Banking
    Wildgen
    Wildgen
  • Article

    Update On ELTIF Authorization: Enhanced Questionnaire Following New EU Regulations

    On 25 October 2024, the Commission Delegated Regulation (EU) 2024/2759 (the "Delegated Regulation") was published, supplementing the revised European Long-Term Investment Fund (ELTIF) framework under the ELTIF 2.0 regime.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    Welcome Clarity On The FCP-RAIF Regime

    The law of 16 July 2019 (the New Law) implementing in the Grand-Duchy of Luxembourg the Regulations on EuVECA, EuSEF, MMF, ELTIF and EU Securitisation,...
    LuxembourgFinance and Banking
    Ogier
    Ogier
  • Article

    Luxembourg Draft Law In Relation To Brexit

    On 20 March 2019, a draft law was deposited with the Luxembourg Parliament. The draft law aims at ensuring the stability of the financial markets and preserving the interests of the investors
    LuxembourgGovernment, Public Sector
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    New AML-CTF CSSF Regulation And Grand-Ducal Regulation

    This newsflash sets out the main changes brought by these regulations, which will impact professionals that are subject to AML-CTF obligations and are regulated, registered or supervised by the CSSF.
    LuxembourgGovernment, Public Sector
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Luxembourg RAIF Structure Likely To Prove Attractive

    Some existing Luxembourg funds are likely to be converted into the new Reserved Alternative Investment Fund structures, now that the new model has been agreed.
    LuxembourgWealth Management
    Ogier
    Ogier
  • Article

    Application Questionnaire For UCITS

    On September 1st 2014, the CSSF published Press Release 14/47 relating to the introduction of a new form "Application questionnaire to set up an UCITS".
    LuxembourgFinance and Banking
    BSP
    BSP
  • Article

    CSSF Circular 22/811 - Authorisation And Organisation Of Entities Acting As UCI Administrators

    On 16 May 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/811 on the authorisation and organisation of entities acting as UCI administrators (the "Circular").
    LuxembourgFinance and Banking
    NautaDutilh Avocats Luxembourg
    NautaDutilh Avocats Luxembourg
  • Article

    Investment Fund Managers And Registrar Agents: New CSSF Circular

    On 23 August 2018, the CSSF issued a new Circular 18/698 ("Circular") repealing CSSF Circular 12/456 .
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Luxembourg Legal Alert: CSSF Circular 02/77 - New Reporting Template For UCIs, UCITS, And SIFs

    On 3 January, 2017, the CSSF introduced under Circular 02/77 a mandatory template to be used by undertakings for collective investment subject to the Law of 17 December...
    LuxembourgFinance and Banking
    Dentons
    Dentons
  • Article

    New CSSF Circular On Substance Requirements Of Fund Management Companies In Luxembourg

    The Commission de Surveillance du Secteur Financier ("CSSF") has issued today circular 18/698 concerning (i) the approval process and organisation of Luxembourg fund management
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New CSSF Circular Regarding Dormant Sub-Funds Of UCIS

    The new CSSF circular 12/540 has been issued on 9 July 2012 and provides clarification on the situation of dormant sub-funds of undertakings for collective investment ("UCI") subject to the Luxembourg law of 17 December 2010 on undertakings for collective investment or the Luxembourg law of 13 February 2007 on specialized investment funds, as amended
    LuxembourgFinance and Banking
    Wildgen
    Wildgen
  • Article

    NEWS : ESMA Proposes New Version Of ELTIF-RTS

    Yesterday, ESMA published a new version of the regulatory and technical standards (RTS) related to the new regulation on the European Long-Term Investment Fund (ELTIF – link in the comments section).
    LuxembourgFinance and Banking
    Vandenbulke
    Vandenbulke
  • Article

    UCITS/AIFs: Supervision Of Costs And Fees

    On 6 January 2021, ESMA launched a common supervisory action ("CSA") with national competent authorities ("NCAs") on the supervision of costs and fees of UCITS.
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    US Fund Managers: Clearing The Mist On Luxembourg General Partner And Director Liabilities – New York Office Snippet

    US fund managers establishing Luxembourg special limited partnerships face critical decisions about board composition and liability exposure.
    LuxembourgFinance and Banking
    Loyens & Loeff
    Loyens & Loeff
  • Article

    ESMA Publishes Draft RTS And Final Guidelines On Liquidity Management Tools For UCITS And AIFs

    The European Securities and Markets Association (ESMA) has published draft regulatory technical standards (RTS) and final guidelines on liquidity management tools for UCITS and AIFs.
    European UnionFinance and Banking
    Loyens & Loeff
    Loyens & Loeff
  • Article

    Guidelines On ETFS And Other UCITS Issues

    On August 1st 2014, the European Securities and Markets Authority published the revised guidelines on ETFs and other UCITs issues.
    European UnionFinance and Banking
    BSP
    BSP
  • Showing 161–180 of 957 results

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