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Regulation (EU) 2017/1991 amending regulations (EU) No 345/2013 on European Venture Capital Funds (EuVECAs) and (EU) No 346/2013 on European Social Entrepreneurship Funds...

On 12 July 2021, the Luxembourg regulator of the financial sector, the CSSF, published its Circular 21/777 implementing the ESMA' guidelines on outsourcing to cloud service providers (ESMA50-164-4285 , "ESMA Guidelines").

It replaces the current email procedure.

The European Exchange-Traded Fund (ETF) industry continues to build on the significant growth over the last 10 years.

The Stock Connect, developed jointly by the stock exchanges and clearing houses in Shanghai and Hong Kong, encompasses about 800 stocks in total.

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 in accordance with Article 41(1) (e) of the UCI Law.

On 11 July 2014 the CSSF issued a new circular 14/587 applying to UCITS' depositary banks and to the UCITS themselves regarding their relationship with their depositaries.

On March 23 the Luxembourg Financial Supervisory Authority issued CSSF Circular 15/608, addressed to all banks acting as depositaries of UCITS funds under the grand duchy's investment funds legislation of December 17, 2010.

On July 18th 2014 the Commission de Surveillance Du Secteur Financier published an updated version of its FAQs concerning the Luxembourg law of July 12th 2013.

On 3 August 2023, ESMA issued updated Guidelines on MiFID II product governance requirements ("Guidelines"), enhancing the MiFID II investor protection framework.

US fund managers (USFNs) raising capital in Europe often use a Luxembourg special limited partnership (SCSp) as the investor-facing vehicle for European investors within a broader fund complex.

Under AIFMD 2.0, the transfer to third parties of loans originated by Luxembourg alternative investment funds (AIFs) managed by an EU alternative investment fund manager (EU AIFM)...

BlackRock Investment Management (UK) Ltd ("BlackRock") was a company responsible for the management of funds.

Further to its recent communications on financial innovation, the Commission de Surveillance du Secteur Financier (the « CSSF ») has just published highly interesting guidance on virtual assets...

Grand-Ducal Regulation of December 21 2017 (the Regulation) entered into force on January 1 2018 and repealed the Grand-Ducal Regulation of October 28 2013.

As international clients from common law jurisdictions expand their businesses in a civil law jurisdiction such as Luxembourg, the question of the enforceability of the liquidated damages and penalty clause ...

European fund managers establishing Luxembourg investment structures face critical governance decisions when configuring general partner arrangements for SCSp and SCA vehicles. The interplay between Luxembourg company law requirements, EU AIFM regulatory obligations, and sponsor control preferences creates operational complexities around board composition, signing authority, and decision-making processes that demand careful calibration.