Parliament Adopts Law on Register of Beneficial Owners -
Parliament has adopted the law of 13 January 2019 establishing a register of beneficial owners....more
2/8/2019
/ ALFI ,
Artificial Intelligence ,
Asset Management ,
Beneficial Owner ,
Cross-Border Transactions ,
CSSF ,
EU ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Investment Funds ,
Luxembourg ,
Managers ,
Memorandum of Understanding ,
Money Market Funds ,
Real Estate Investments
CSSF Publishes Application Form for MMF -
The CSSF published a new application form for authorisation of a money market fund in accordance with Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14...more
Luxembourg and Australia enter agreement on Fintech and Regtech -
The CSSF published a press release noting that it and the Australian Securities & Investments Commission (“ASIC”) signed a Cooperation Agreement which...more
Parliament adopts general data protection law -
Parliament has adopted the law of 1 August 2018 on the organisation of the National Commission for Data Protection and implementation of Regulation (EU) 2016/679 of the...more
10/9/2018
/ AIF ,
AIFM ,
ALFI ,
Anti-Money Laundering ,
Asset Management ,
CSSF ,
Data Protection ,
Depository Institutions ,
EU ,
Investment Funds ,
Investment Management ,
Luxembourg ,
MMF ,
Money Market Funds ,
SICARs ,
UCITS
The entry into force of AIFMD in Europe has resulted in a double layer of regulation, as we now have regulation and supervision at the level of the product (regulated investment funds) and supervision at the level of the...more
7/15/2016
/ AIF ,
AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
CSSF ,
EU ,
Institutional Investors ,
Investment Companies ,
Investment Funds ,
Luxembourg ,
Professional Investors ,
Reserved Alternative Investment Funds (RAIF) ,
SICAV
A fine of over £18 million was recently imposed by the UK regulatory body, the Financial Conduct Authority (the “FCA”), on a fund manager for a range of compliance breaches, including failing to ensure that its KIIDs were...more
6/7/2014
/ Asset Management ,
Compliance ,
Derivatives ,
EU ,
Financial Conduct Authority (FCA) ,
Fines ,
Investment Funds ,
Investors ,
Popular ,
UCITS ,
UK
With the continuing banking crisis in Cyprus, it is not surprising that other jurisdictions with legislation conducive to holding structures are receiving increased attention. Luxembourg, for example, is known for having a...more