Luxembourg newsflash: CSSF publishes fourth updated version of its FAQs on law on AIFMs
On 10 January 2014, the Commission de Surveillance du Secteur Financier (CSSF) published a fourth update of its frequently asked questions (FAQs) on the law of 12 July 2013 on alternative investment fund managers (AIFML) as well as the Commission Delegated Regulation n° 231/2013 of 19 December 2012.
As a reminder, these FAQs highlight key aspects of the AIFML from a Luxembourg legal perspective. Two new topics have been added since July 2013 that relate to marketing issues and reporting aspects.
Regarding marketing issues, the FAQs clarify, among others, the provisions applicable to Luxembourg authorised AIFMs intending to market EU AIFs in the EU to professional investors, the different scenarios available for AIFMs established in Luxembourg and marketing EU AIFs in the EU under the Alternative Invest,emt Fund Managers Directive (AIFMD) marketing passport, the content of the notification file as regards marketing of non-Luxembourg EU AIFs to professional investors in Luxembourg and in another EU member state…
If you are registered and logged in to the site, click on the link below to read the rest of the Arendt & Medernach briefing. If not, please register or sign in with your details below.
News from Arendt & Medernach
Briefings from Arendt & Medernach
After the publication of the CSSF Circular 14/587 on UCITS depositaries last week, it is now the European legislator’s turn to adopt new rules on UCITS depositaries.
The CSSF publishes the article 42 AIFMD information form: non-EU AIFMs can notify CSSF of intention to market in Luxembourg
The CSSF has published guidance on the notification to it by non-EU AIFMs of their intention to market their EU and non-EU AIFs to professional investors in Luxembourg.