Transitional Provisions Applicable To Existing AIFMs And AIFs

As recently announced on our website, the Commission de Surveillance du Secteur Financier (CSSF) has issued on 10th January an updated version of the frequently asked questions relating to the Luxembourg Law of 12th July 2013 on alternative investment fund managers (the AIFM Law).

Among some other points, the CSSF has stated - despite the legal framework relating to transitional provisions applicable to Luxembourg AIFMs as well as to AIFs under the AIFM Law performing activities under this law prior to 22 July 2013 and having in principle time to regulate the authorisation process until 22 July...