Luxembourg newsflash — 19 July 2013
In its press release 13/32 issued on 18 July 2013, the Commission de Surveillance du Secteur Financier (CSSF) requires any person established in Luxembourg that potentially qualifies as an alternative investment fund manager (AIFM) under the AIFM law to perform a self-assessment as to whether it (i) qualifies as an AIFM and (ii) is subject to authorisation or registration requirements…
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Choosing the domicile of an investment fund is not an easy task. A fund promoter has to consider the available vehicles, investment strategies and the reputation of the domicile.
The AIFMD is the outcome of a G20 consensus for closer regulatory oversight of systemic risks emanating from certain players and activiries in the alternative investment funds sector.