Wildgen

Luxembourg AIFM: end of the one-year transitional period

In its 22 July press release, the Commission de Surveillance du Secteur Financier (CSSF) stated it has received a total number of 773 applications submitted according to the law of 12 July 2013 on alternative investment fund managers (AIFMs) with a total of 215 requests for authorisation and 558 requests for registration.

In relation to the 215 requests for authorisation, 105 have been received from existing UCITS management companies, 48 from existing non-UCITS management companies and 62 from other existing or newly created entities.

Furthermore, a total of 487 entities have been granted the status of registered AIFM under the provisions of article 3(2) of the AIFM Law as at 22 July 2014. The remaining 71 applications for registration are either incomplete as at 22 July 2014 or have meanwhile been withdrawn by the applicant…

Click on the link below to read the rest of the Wildgen briefing.

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69, Boulevard de la Pétrusse
L-2320
Luxembourg
http://www.wildgen.lu