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Alternative Investment Fund Manager European Securities and Markets Authority (ESMA) CSSF

Dechert LLP

Financial Services Quarterly Report - Fourth Quarter 2019: Developments in the Luxembourg Financial Sector

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The Luxembourg government and the CSSF recently have taken a number of measures to combat money laundering and terrorist financing. In other developments: the current Luxembourg Brexit laws will be rendered inapplicable by...more

Dechert LLP

Financial Services Quarterly Report - First Quarter 2019: Developments in the Luxembourg Financial Sector

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The Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), and the Luxembourg government recently have taken measures to prepare for Brexit. In other developments, the Law of the...more

Skadden, Arps, Slate, Meagher & Flom LLP

'No-Deal' Brexit – EU Regulators Take Small Steps to Maintain Status Quo for UK Fund Managers

In the middle of February 2019, Brexit continues to be debated between Westminster and Brussels, despite the rapidly approaching deadline for the United Kingdom (U.K.) to leave the European Union (EU) on March 29, 2019. With...more

Dechert LLP

Luxembourg CSSF Reshapes Organisational Rules of UCITS Management Companies and AIFMs, Enforces Local Substance Requirements

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The Commission de Surveillance du Secteur Financier (CSSF) issued a circular on 23 August 2018 (Circular), which consolidates into one document the requirements for Luxembourg UCITS management companies, self-managed UCITS,...more

Dechert LLP

Financial Services Quarterly Report - Second Quarter 2016: Loan Origination: Update to the CSSF FAQ Concerning the Luxembourg Law...

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The Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF) published on 9 June 2016 an updated version of its FAQ concerning the Luxembourg law of 12 July 2013 on alternative investment...more

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