News & Analysis as of

Luxembourg Asset Management

A&O Shearman

The Luxembourg Stock Exchange launches new segment on Euro MTF market EM3S

A&O Shearman on

The Luxembourg Stock Exchange has announced the launch of a new segment on its Euro MTF market, called EM3S, which stands for Euro MTF Specialist Securities Segment. This new segment may be an interesting option for issuers...more

K&L Gates LLP

Luxembourg Financial Services Regulator, the Financial Sector Supervisory Commission, and Issues FAQs on "Virtual Asset Service...

K&L Gates LLP on

New FAQS Complementary to FAQs on Investment in Virtual Assets - Further to the general publications by the Financial Sector Supervisory Commission (CSSF) in 2020 and 2021 and two sets of frequently asked questions (FAQs)...more

K&L Gates LLP

Modernization of Luxembourg Fund Products: Enhancing the Investment Fund Toolbox

K&L Gates LLP on

With the recent entry into force of the law of 21 July 2023 (the Modernization Law) on 28 July 2023, Luxembourg significantly modernizes its investment fund toolbox by introducing several amendments to existing laws governing...more

A&O Shearman

New law modernising Luxembourg investment funds takes effect

A&O Shearman on

On 28 July 2023, the law of 21 July 2023, which modernises the laws governing UCITS, Part II UCIs, SIFs, SICARs, RAIFs and Luxembourg asset managers, enters into force (the Law). ...more

Hogan Lovells

Luxembourg upgrades its legislative toolbox for the fund industry

Hogan Lovells on

This new law aims to further increase the competitiveness of the Luxembourg fund centre. The amendments affect the Law of 2010 on UCIs, the Law of 2007 on SIFs, the Law of 2004 on SICARs, the Law of 2013 on AIFMs and the Law...more

K&L Gates LLP

New Arbitration Law in Luxembourg

K&L Gates LLP on

On 23 March 2023, the Luxembourg Parliament voted to modernize and update the arbitration law, applicable to arbitrations seated in Luxembourg. The long-awaited new law entered into force on 25 April 2023 (the New Arbitration...more

K&L Gates LLP

Luxembourg Financial Services Regulator CSSF Issues Communication Relating to the Launch of SFDR Data Collection Exercise...

K&L Gates LLP on

Executive Summary - On 27 July 2022, Luxembourg’s financial sector regulator (the CSSF) announced its intention to launch a data collection exercise in respect to the disclosures made in the precontractual documents of...more

Hogan Lovells

eRIIS, a CSSF web platform for filings under the transparency law and the market abuse regulation

Hogan Lovells on

The Commission de Surveillance du Secteur Financier (CSSF) has launched a new web platform called eRIIS which stands for electronic Reporting of Information concerning Issuers of Securities providing issuers and persons...more

Goodwin

Sustainable Finance In Luxembourg — What Managers Should Do Now

Goodwin on

Regulation (EU) 2019/2088 of 27 November, 2019 on sustainability-related disclosures in the financial services sector, as amended by Regulation (EU) of 18 June, 2020 on the establishment of a framework to facilitate...more

Hogan Lovells

Hong Kong’s new Limited Partnership Fund regime

Hogan Lovells on

Through the unveiling of the Limited Partnership Fund (LPF) regime, Hong Kong makes clear its intention to join the Cayman Islands and Luxembourg as a viable alternative for Asia-focused asset managers seeking fund domicile....more

Hogan Lovells

CSSF launches a new weekly questionnaire to investment fund managers

Hogan Lovells on

On 9 April 2020, the CSSF published a press release relating to the launch of a weekly questionnaire to be completed by investment fund managers (IFMs). The rationale behind this new questionnaire is to gather data in...more

Goodwin

EU and non-EU Managers of Luxembourg Funds: Weekly Updates for the CSSF

Goodwin on

Various measures have been implemented in Luxembourg to help Luxembourg funds tackle the impact of the COVID-19 outbreak... This is a fast-moving crisis and it is important to closely monitor the outbreak, its business...more

Kramer Levin Naftalis & Frankel LLP

Alternatives domiciled in Luxembourg outperform, draw attention outside EU

The growth of Luxembourg-domiciled alternative investment funds remains on an upward trajectory as they become increasingly attractive outside of the EU, Preqin showed. The average size of a private equity fund domiciled in...more

A&O Shearman

Asset managers, life insurance companies and pension funds: engage or explain

A&O Shearman on

On 1 August 2019, the Luxembourg legislator implemented the second shareholder right directive (SRD II) by amending the law of 24 May 2011 relating to the exercise of certain shareholder rights at general meetings of listed...more

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