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The CSSF issued a new Circular which is applicable to UCITS' depositary banks and to the UCITS themselves regarding their relationship with their depositaries.

Luxembourg offers a cost-efficient alternative for emerging fund managers through its registered AIFM structure, commonly known as the "small manager" route. This approach allows fund managers to establish Luxembourg AIFs while avoiding the substantial costs associated with authorised host AIFMs, though it comes with specific asset thresholds and marketing limitations.

On 29 July 2016, the draft law 7024 was submitted to the Luxembourg Parliament.

The Law's primary objectives are to improve and modernise Luxembourg's fund toolbox and increase the attractiveness and competitiveness of the Luxembourg financial centre.

On 3 July 2012 the European Commission published a "Proposal for a Directive of the European Parliament and of the Council amending the UCITS IV Directive".

US fund managers rely on a Luxembourg access point (Lux Fund) within their fund structure to cater to the preferences of EU investors and to streamline distribution in the EU using a marketing passport.

Luxembourg-based Head of Risk Management AIFM, Adela Baho, spoke to AGEFI about the importance of risk management and the ideal risk framework for alternative assets.

This law deals with the temporary favourable individual tax regime applicable to certain gains.

The European Securities and Markets Authority has issued a fresh update on October 1 to its Questions and Answers document providing guidance and interpretation of the EU's Alternative Investment Fund Managers Directive.

The ESMA published its guidelines on Exchange-Traded Funds and other Undertaking for Collective Investment in Transferable Securities issues.

The EU Commission, the Parliament and the Council reached an agreement on AIFMD II in July this year and since then the asset management industry has been waiting for the final text.

On July 25, 2018 the CSSF published a press release 18/25 (the Press Release) addressed to fund managers contemplating to relocate their business to Luxembourg ...

On 30 October 2017, the CSSF published a Press Release stating that the Benchmark Regulation ("BMR ") will apply from 1 January 2018.

The European Securities and Markets Authority has published a consultation paper on May 24, 2013.

The European Securities and Markets Authority has issued on March 26 a new version of its Questions and Answers document containing guidance and interpretation of the rules governing the Key Investor Information Document for UCITS funds.

As EU fund sponsors (EUFS) grow, they often recognise that establishing a fund in Luxembourg, rather than a fund in their home jurisdiction, increases their chances of attracting capital from across the EU.

Loyens & Loeff has contributed to the Luxembourg and Netherlands chapters of Global Legal Insights – Fund Finance 2022.