With the transition period coming to an end by the end of 2020, many UK managers are questioning the implication of Brexit to the fundraising and management of Luxembourg-based funds. As forecasted in our previous market...more
12/8/2020
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Alternative Investment Funds ,
CSSF ,
EU ,
Fund Managers ,
Luxembourg ,
New Regulations ,
New Rules ,
Portfolio Managers ,
UK ,
UK Brexit
Many UK managers are currently questioning the implication of Brexit to the fundraising and management of Luxembourg based funds. In particular, many query whether they may still today launch a new Luxembourg fund and act as...more
Many managers identify and assess the key legal and commercial costs and benefits of AIFMD passports as well as the short- and long-term regulatory and operational implications of the management of the fund by an EU-based...more
The UK’s exit from the European Union is now postponed to 31 January 2020, and whilst there is still significant uncertainty regarding the occurrence of Brexit on that date, the CSSF set out a new deadline on 6 November 2019...more
Luxembourg adopted in March and April 2019 a series of measures to attempt to secure a soft landing for Luxembourg funds managed by UK managers (Brexit Laws), in line with its flexible approach to ensure the continuation of...more