CSSF Updates The AIFM Application Questionnaire

On 16 January 2018, the Commission de Surveillance du Secteur Financier (CSSF) issued its updated AIFM application questionnaire.

The key updates concern:

Section 3 on ownership and qualifying holding which has been amended to take into account the recent replacement of CSSF Circular 09/392 by CSSF Circular 17/669 adopting the Joint Guidelines of ESMA, EBA and EIOPA on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector; Section 5 on capital, financial and business information which has been amended for existing Chapter 15 management companies and new self-managed AIFMs. Their amount of...