Circular of the Central Bank of Luxembourg on statistical data collection for non-regulated AIFs -
The Central Bank of Luxembourg published circular BCL 2018/241 entitled “New statistical data collection for non-regulated...more
7/10/2018
/ AIFs ,
ALFI ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Central Bank of Luxembourg ,
Common Reporting Standard (CRS) ,
CSSF ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Investment Funds ,
Luxembourg ,
New Circular ,
Over The Counter Derivatives (OTC) ,
Proposed Amendments ,
Risk Mitigation ,
Securitization ,
UCITS
ALFI Notes the Commission’s Plans to Amend the UCITS and AIFM Directives -
ALFI issued a press release pointing out that they believe that a wider scope for the clarification of marketing and pre-marketing would have been...more
4/5/2018
/ AIFM ,
ALFI ,
Asset Management ,
CSSF ,
Double Taxation ,
EU ,
Initial Coin Offering (ICOs) ,
Investment Funds ,
Luxembourg ,
Tax Treaty ,
Token Sales ,
UCIs ,
UCITS
CSSF issues press release on approach to permissible investments by Luxembourg UCITS in non-UCITS ETFs -
The CSSF clarified their position on deciding to take a more restrictive approach to permissible investments by...more
CSSF Circular CSSF-CPDI Dated 19 April 2017 -
The CSSF published its Circular addressed, inter alia, to investment firms as well as AIFMs and UCITS management companies who manage portfolios on a discretionary basis...more
CSSF Press Release 17/06 Dated 13 February 2017 -
The CSSF confirmed that it follows ESMA on its opinion in relation to the requirements for UCITS share classes....more
4/14/2017
/ Abu Dhabi Global Markets (ADGM) ,
ALFI ,
Anti-Money Laundering ,
Asset Management ,
CSSF ,
EU ,
European Securities and Markets Authority (ESMA) ,
FATF ,
Investment Funds ,
Luxembourg ,
Memorandum of Understanding ,
Real Estate Investments ,
Remuneration ,
Terrorist Financing Regulations ,
UCITS ,
Value-Added Tax (VAT)
ALFI Response to IOSCO Consultation Report on Good Practices for the Termination of Investment Funds -
ALFI responded to the IOSCO Consultation Report on Good Practices for the Termination of Investment Funds which...more
CSSF Press Release 16/17 on Global Situation of UCIs and SIFs at the End of February 2016 -
CSSF press release 16/17 of 31 March 2016 summarizes the global situation of Undertakings for Collective Investment and...more
5/4/2016
/ AIFM ,
Asset Management ,
Banking Sector ,
CSSF ,
EU ,
Investment Funds ,
Luxembourg ,
Money Laundering ,
OECD ,
Over The Counter Derivatives (OTC) ,
SIFs ,
Trade Repositories ,
UCIs ,
UCITS
The Luxembourg supervisory authority (“CSSF”) recently issued a circular letter (“Circular Letter”) that requires all Luxembourg-domiciled UCITS to provide the CSSF with information – pursuant to the filing of additional...more
Latest Statistics Regarding Luxembourg UCITS -
ALFI (the Luxembourg Fund Association) released figures outlining the footprint of Luxembourg domiciled UCITS on 9 March 2016, showing the volume of assets under management...more
Latest Fund Statistics for Luxembourg Illustrate Continued Growth -
ALFI has issued the fund statistics as of 30 September 2015. Luxembourg continues to be the number one location for Funds in Europe, with both number of...more
ALFI releases FAQs on RQF II -
Further to the announcement by the People’s Bank of China on 29 April 2015 of a RMB 50 billion Qualified Foreign Institutional Investor (“RQFII”) quota being granted to Luxembourg, the...more
10/15/2015
/ ALFI ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Audits ,
Cooperative Agreements ,
EU ,
FATCA ,
Investment Funds ,
Luxembourg ,
RQFII ,
UCITS
Draft Law Transposing the European Directive on the Automatic Exchange of Information submitted to Parliament -
The draft Luxembourg law to transpose Council Directive 2014/107/EU (of 9 December 2014, which amends...more
CCSF Lifts Suspensions on Trading in Certain Financial Instruments in Relation to Greece -
Following recent developments concerning the situation in Greece, the Commission de Surveillance du Secteur Financier (CSSF) has...more
Luxembourg Holds Presidency of the Council of the EU for 12th Time
One of Luxembourg’s priorities, as it takes on presidency of the Council of the European Union, is to stimulate investment to boost growth and...more
ALFI Responds to ESMA's Discussion Paper on UCITS Share Classes -
On 27 March 2015 ALFI submitted its response to the ESMA Discussion Paper on share classes of UCITS. Issues addressed in this paper relate to the...more
UCITS: New KIID Q&A -
ESMA published revised Q&A’s on the KIID on 26 March 2015. The Q&A includes a new question on the treatment of past performance information in case of fund mergers....more
4/28/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Fund Managers ,
Investment Funds ,
Memorandum of Understanding ,
MiFID II ,
Money Market Funds ,
Shadow Banking ,
Singapore ,
Swaps ,
UCITS
Luxembourg Fund Sector Continues to Grow -
The CSSF press release 15/15 dated 26 March 2015 provides an overview of regulated UCIs at the end of February 2015 and confirms total assets under management of more than EUR...more
EU Passes New Council Directive to Implement “EU-FATCA" -
The Council Directive passed by the EU on 1 December 2014 implements the OECD’s Common Reporting Standard (CRS) in Europe. The Directive has to be implemented...more
3/10/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Benchmarks ,
CCPs ,
EIOPA ,
EMIR ,
ETFs ,
EU ,
European Securities and Markets Authority (ESMA) ,
FATCA ,
Insolvency ,
Investment Funds ,
MiFID II ,
Money Market Funds ,
Regulatory Agenda ,
Sovereign Debt ,
Swap Clearing ,
Swaps ,
UCITS
Developments in the Luxembourg Financial Sector -
The Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier, has published two circulars pertaining to UCITS. The first is aimed at...more