Luxembourg’s long-form reform – how ready are you?
Origin of the reform At almost 20 years old, the current long form is no longer adapted to today’s fund landscape. Why? Some fund types were not in the scope of the requirement, so investment fund managers did not need to prepare a long form–even though they play an important role in the fund ecosystem. In addition, the long-form data was not in a format th […]
Management companies: 4 major results of Covid-19
During a recent KPMG webinar, asset management experts shared their views on the impact of the Covid-19 crisis. Let’s look at the key takeaways from that discussion. 1) Working from home The most visible impact was an immediate, all-staff shift to working from home. This change, combined with the activation of BCP plans, proved successful with no significant […]Management companies and AIFMs: time for a health check
On 23 August 2018, the CSSF released Circular 18/698 setting out rules for the authorisation and organisation of investment fund managers. The new circular aims to define a harmonised approach to Chapter 15 management companies, as well as AIFMs, replacing Circular 12/546 which laid down the CSSF’s expectation for UCITS managers only (though served as a ben […]
