957 results found

On December 1st 2014 the European Securities and Markets Authority ("ESMA") issued a Consultation Paper on Guidelines on asset segregation under AIFMD.

On November 25, 2021, the European Commission released a proposal COM(2021)721 to amend Directive 2011/61/EU on Alternative Investment Fund Managers (the AIFMD).

ESMA published on February 2nd 2014 an FAQ Document on the practical application of the Directive 2011/61/EU on alternative investment fund managers.

On 25 February 2015, The European Securities and Markets Authority (ESMA) issued a "peer review report" ("Report") examining how national competent authorities ("NCAs") supervise and enforce the MiFID provisions...

In a change to its previous position, guidance issued by the Luxembourg regulator on 11 October 2019 will allow some UK-regulated alternative investment fund managers (AIFMs) to continue to ...

On January 30, 2017, ESMA released an Opinion relating to the share classes of UCITS as the Directive governing the UCITS does not prescribe the extent of the differences of the types of the share class that are permitted.

The redesigned European Long-Term Investment Funds ("ELTIF") framework, commonly referred to as ‘ELTIF 2.0,' represents a significant step forward in the EU's efforts to facilitate long-term investments.

This is the first Snippet in a series regarding the insourcing of management and administrative functions of a Luxembourg fund and its Luxembourg acquisition vehicles.

The CSSF announced in its communication (available here ) published on 2 December 2021 that it has put in place a fast track procedure to facilitate compliance with the taxonomy-related disclosure...

stands for Undertakings for Collective Investment in Transferable Securities and designates those investment funds which have been set up ...

In den letzten Jahren ist eine stetige Verlagerung von Fondsvermögen aus aktiv gemanagten Fondsstrategien zu passiven Strategien zu beobachten.

On 10 June 2021, the CSSF published an FAQ on the application of the markets in financial instruments directive ("MIFID") to Luxembourg investment fund managers ("IFMS")...

Advisers to collective investment funds are henceforth included in the scope of application of the 1993 financial services legislation.

On 13 October, the CSSF published Circular 17/670 on the assessment of knowledge and competence in the framework of the MiFID II Directive

The CSSF has published comprehensive guidance on fund tokenisation in Luxembourg, establishing a technology-neutral framework for investment funds to issue native shares on distributed ledger technology. This FAQ addresses critical operational requirements, including the appointment of UCI Administrators for registrar functions, control agent notification procedures, and compliance obligations under DORA for entities utilizing blockchain infrastructure in fund administration.

On 4 January 2022, the CSSF updated their FAQ for undertakings for collective investment with respect to virtual assets ("Updated FAQ ")...

On the 24 March 2023, the Commission de Surveillance du Secteur Financier ("CSSF") published a notice about the launch of a data collection exercise in relation to the precontractual...

Furthermore, the CSSF sets forth its priorities for the asset management industry and issuers.