957 results found

The CSSF clarifies its expectations in relation to CSSF Circular 02/77 on NAV calculation error and investment breaches.

On December 22, 2021, the CSSF issued guidelines for the fund industry regarding the new external report on anti-money laundering and financing of terrorism measures that must be drawn up by an external expert.

The CSSF Circular explicitly lays down the administrative practice and provides clarifications in relation to the protection of investors.

On 19 December 2023, ESMA published its final report (ESMA34-1300023242-159) setting out the draft regulatory technical standards ("RTS") under the revised ELTIF Regulation ("ELTIF II" – Regulation (EU) 2023/606).

Robo-advisors are popping up left and right, with newcomers and established banks both in the fray.

On 18 July 2019, the Law of 16 July 2019 ("Law") implementing the Securitisation Regulation, the EuVECA Regulation, the EuSEF Regulation,

The Financial Sector Supervisory Authority has announced on December 2 the introduction of a fast-track procedure to facilitate submission of updated prospectuses or issuing documents update for UCITS and alternative investment funds ...

Europe's infrastructures for securities settlement have always been fragmented. As a remedy for this, the Target2-Securities project (T2S) was launched in 2007...

The Luxembourg law of March 3, 2026 transposed the AIFMD II Directive into national law, introducing significant changes to the regulatory framework governing alternative investment funds. This article examines the practical implications for financing transactions involving Luxembourg AIFs, analyzing how the new rules on loan origination, leverage caps, concentration limits, and enhanced disclosure requirements affect both lenders and borrowers in structured finance arrangements.

In the last decade we have seen companies like Uber, Airbnb, iTunes, and Facebook reach the top of their respective fields extraordinarily quickly after first hitting the scene.

The draft bill 6318 amending the Luxembourg law of 13 February 2007 relating to specialised investment funds (hereafter the "Bill") has been filed by the Luxembourg government before the Luxembourg Chamber of Deputies on 12 August 2011.

The RAIF is intended to be a flexible and efficient structure. Its regime is substantially based on the one applicable to the specialised investment fund (SIF).

Traditional hotel chains require heavy capital investment of all kinds, especially human capital.

On 25th February 2025, the Administration de l'Enregistrement, des Domaines et de la TVA – Registration Duty, Estate and VAT Authority ("AED")...

On 26 March 2024, a new chapter was written in the annals of the European Union (EU)'s regulatory framework. The European Directive (EU) 2024/927, also known as AIFMD II...

On 24 July 2023, the Law of 21 July 2023 improving and modernising the Luxembourg toolbox relating to investment funds was published in the Mémorial A and entered into force on 28 July 2023 ("Law").

US managers of private funds (USFM) use unregulated Luxembourg special limited partnerships (Fund) to raise EU capital. To benefit from an EU marketing passport, USFM often appoint a Luxembourg host alternative investment.