CSSF Reminder Regarding Nomination of Depositaries of Bearer Shares
The Luxembourg regulator for the financial services industry (CSSF) has issued a press release and a FAQ in relation to the immobilization of bearer shares and units. Relevant entities are reminded that they have until 18 February 2015 to designate a depositary in this context. The FAQ can be found here and the press release here (in French).
AIFMD Reporting for AIFMs and Non-EU AIFMs Marketing in Luxembourg
The CSSF has issued a press release reminding Luxembourg domiciled AIFMs and non-EU AIFMs which market AIFs in Luxembourg to assess their reporting obligations under AIFMD and to commence Annex IV reporting. The press release can be found here.
Luxembourg Tax Authorities Confirm Tax Treatment of Limited Partnerships
The Luxembourg tax authorities have issued a circular confirming the tax treatment of Luxembourg limited partnerships in the form of SCS and SCSp and how this is impacted by the (regulatory) status of the partnership, its activities and the ownership interests of the general partner. The circular can be found here.
CSSF Publishes Eighth AIFMD FAQs
The CSSF has published an update to the AIFMD FAQs. New topics include marketing of non-EU funds to professional investors in Luxembourg. The FAQs can be found here.
Podcast Series: Trends in the European Alternative Funds Industry
The Association for the Luxembourg Fund Industry has published a series of podcasts in which industry experts comment on challenges, opportunities and trends in the alternative investment fund industry (including in relation to the impact of AIFMD). The podcasts can be accessed here.