957 results found

Reducing barriers for cross-border distribution of investment funds within the EU, thus reducing the costs of going cross-border, while deepening the single marketing procedure for investment funds...

IFMs must ensure they are able to comply in full with the Guidelines as both the Circular and the Guidelines entered into force on 30 September 2020.

The Commission de Surveillance du Secteur Financier (the CSSF), has issued a communication (the CSSF Communication) to inform investment fund managers (IFMs) of Luxembourg undertakings for...

On 22 April 2016, the CSSF released a new circular letter which requires UCITS funds to complete and file a substantial new reporting template related to the risk and risk management of UCITS funds.

On 1 July 2019, the CSSF published Circular 19/721 which informs supervised entities, including but not limited to Part II UCIs1, SIFs2, SICARs3

Therefore, given the regulatory maturity of most subjects, it is already possible to start the implementation process.

US fund managers (USFM) have traditionally focused on large institutional investors. To onboard EU institutions, USFM often rely on a Luxembourg-based investor-facing access...

The European Long Term Investment Funds ("ELTIF") label aims to boost long-term investments in the real economy and facilitates the distribution of illiquid assets to EU based HNWI.

On 16 December 2020, the CSSF issued its communication (available here ) on how it intends to deal with the Sustainable Finance Disclosure Regulation (EU) 2019/2088.

The European Securities and Markets Authority published on May 24 its final report on guidelines for key concepts under the Alternative Investment Fund Managers Directive.

On 22 December 2017, the Grand Ducal Regulation of 21 December 2017 relating to the fees to be levied by the CSSF ("Regulation") ...

The Insurance Distribution Directive (IDD) is to insurance what MiFID is to investments. It repeals the directive on insurance mediation and regulates specific insurance-based investments, including inducements.

This is the third and final Snippet in our series on the insourcing of functions in Luxembourg fund structures.

US fund managers (USFM) raising capital in the EU often establish a Luxembourg fund vehicle (Lux Fund). If the Lux Fund's investment strategy targets Europe, it commonly makes those investments via Luxembourg...

On 15 June 2021, the CSSF updated its FAQs on the statuses of the Professionals of the Financial Sector by issuing clarifications on lending activities falling out of scope of the authorisation requirement, laid down by article 28-4 ...

On March 6 Luxembourg’s government adopted the draft legislation transposing into national law the grand duchy’s intergovernmental agreement with the US and facilitating compliance by the country’s financial institutions with the requirements of the Foreign Account Tax Compliance Act.

The CSSF is launching a data collection exercise targeting the following Luxembourg-domiciled financial market participants (the FMPs)...