Arendt & Medernach
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Luxembourg legal update: theft of intangible assets; new rules on market abuse; reversal of case law in France; and more
Arendt & Medernach’s update provides a compact summary of the most recent national and European legal and regulatory developments.
First R-QFII manager based outside Greater China to obtain CSSF approval for a R-QFII UCITS-compliant product
Earlier this year, Ashmore became the first manager based outside Greater China to be granted a R-QFII licence by the authorities of the PRC.
The final texts of the revised Markets in Financial Instruments Directive have been published in the Official Journal of the European Union.
Publication of two RTSs to determine the ‘identified staff’ and the types of instruments that can be used for paying bonuses
These two regulatory technical standards (RTSs) were published in the Official Journal of the European Union on 20 May and 6 June 2014 respectively.
Arendt & Medernach has released the June 2014 issue of its Luxembourg legal update.
On 18 June 2013 the CSSF published guidance on the implementation of the AIFMD in Luxembourg.