Newsflash – AIFMD adopted in Luxembourg – 10 July 2013

The Luxembourg Parliament today adopted the bill of law on alternative investment fund managers, which transposes the Alternative Investment Fund Managers Directive 2011/61/EU (the “AIFMD”) into Luxembourg law. The AIFM Law will introduce significant changes impacting: – investment management and the investment fund industry in general; – the modernisation of the Luxembourg limited partnership regimes; – the Luxembourg VAT and income tax laws.