Luxembourg

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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 {{tag|AIFMD]] and {{tag|UCITS]].

There is a good Linklaters article here.

See also