Investment Funds Update - Europe: Legal and regulatory updates for the funds industry from the key asset management centres and primary European fund domiciles. Issue 7, 2018 - Luxembourg

Dechert LLP
Contact

Dechert LLP

Grand Ducal Regulation on CSSF fees published

The Grand Ducal Regulation of 2 July 2018 amending the Grand Ducal Regulation of 21 December 2017 on fees levied by the Commission de Surveillance du Secteur Financier.

Read: The published regulation in full in the official gazette

CSSF issues press release on Hard Brexit

The CSSF published a press release regarding investment fund managers who wish to relocate or substantially change operational models to cope with Brexit-related aspects to point out that applications should be submitted as soon as possible.

Read: The press release in full on the CSSF website

CSSF issues press release on the entry into force of the money market regulation

The CSSF published a press release regarding the entry into force of Regulation 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (the “MMFR”) applies as of 14 July 2018. In the related circular 18/696 the CSSF implements ESMA Guidelines on stress tests scenarios under article 28 of the MMFR.

Read: The press release in full on the CSSF website

Read: The circular in full on the CSSF website

ALFI release its annual report

ALFI published its annual report 17/18.

Read: The report

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dechert LLP | Attorney Advertising

Written by:

Dechert LLP
Contact
more
less

Dechert LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide