Whether a third-party or internal management company, all ManCos and AIFMs face new challenges in terms of supervision, substance, monitoring of distribution, opening of branches and passporting of their services, as well as due diligence processes.
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Luxembourg VAT authorities confirm VAT exemption for fund risk management services - Newsflash - 13.11.2013
On 7 November 2013, the Luxembourg VAT authorities published a circular (Circular n° 723ter) on the VAT treatment applicable to risk management for in...
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Clarification of the scope of the UCITS and AIFMD depositary regimes
A significant number of so-called Part II UCIs may remain within the scope of the AIFMD depositary regime. Luxembourg’s Parliament (Chambre des Déput...
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Luxembourg newsflash - AIFM Law: CSSF publishes revised version of its FAQs (version 9, 10 August 2015)
The Commission de Surveillance du Secteur Financier (“CSSF”) has published a revised version of its frequently asked questions document, version 9 o...
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