Developments in the Luxembourg Financial Sector

December 22, 2015

The Luxembourg government recently launched the “reserved alternative investment fund” – a new form of Luxembourg AIF that does not require prior approval from the Luxembourg supervisory authority, the CSSF. In other developments, the CSSF issued frequently asked questions on UCITS eligible assets and diversification rules, as well as a regulation providing rules for marketing foreign AIFS to retail investors in Luxembourg. These developments are discussed below.

Read "Developments in the Luxembourg Financial Sector."