Luxembourg: Difference between revisions
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{{g}}Blessed with the Law of 17 December 2010, a highly complicated piece of funds legislation which encompasses not only | {{g}}Blessed with the Law of 17 December 2010, a highly complicated piece of funds legislation which encompasses not only [[UCITS}} and {{tag|AIFMD}} compliant [[fund|funds]] but other retail funds which are good for sale into {{tag|Luxembourg}} but cannot be [[passport]]ed around the {{tag|EU}}. It was amended under the famous — well, famous among patrons of those achingly hip salons lining the ''Avenue John F Kennedy'', at any rate — “Omnibus” law of 27 February 2018, which did some work to bring the local fund varieties (the so-called “Part II” funds) into sync with {{tag|AIFMD}} and {{tag|UCITS]]. | ||
There is a good Linklaters article [https://www.linklaters.com/en/insights/publications/2018/march/publication-of-the-omnibus-law-in-the-luxembourg-official-gazette here]. | There is a good Linklaters article [https://www.linklaters.com/en/insights/publications/2018/march/publication-of-the-omnibus-law-in-the-luxembourg-official-gazette here]. | ||
Revision as of 11:46, 13 August 2024
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Blessed with the Law of 17 December 2010, a highly complicated piece of funds legislation which encompasses not only [[UCITS}} and AIFMD compliant funds but other retail funds which are good for sale into Luxembourg but cannot be passported around the EU. It was amended under the famous — well, famous among patrons of those achingly hip salons lining the Avenue John F Kennedy, at any rate — “Omnibus” law of 27 February 2018, which did some work to bring the local fund varieties (the so-called “Part II” funds) into sync with AIFMD and {{tag|UCITS]].
There is a good Linklaters article here.