The compendium is currently published in English, French and German and made up of two separate publications in each language.
The first publication covers undertakings for collective investment in transferable securities (UCITS) established under Luxembourg law and contains the amended Law of 17 December 2010 on undertakings for collective investment as well as the main related regulatory texts.
The second publication covers alternative investment funds (AIFs) established under Luxembourg law and other investment vehicles which are neither UCITS nor AIFs.
It contains the amended Law of 12 July 2013 on alternative investment fund managers (AIFM), the amended Law of 17 December 2010 on undertakings for collective investment, the amended Law of 13 February 2007 on specialised investment funds, the amended Law of 15 June 2004 on the investment company in risk capital as well as the main related regulatory texts.
Denise Voss, chairman of ALFI, said the publication of such a reference booklet was “long overdue.“
“The number of laws, regulations and circulars impacting investment funds is steadily increasing. Fund professionals now have access to a single source book for each particular type of fund, containing all main legal texts and accompanying circulars.
“I am convinced that these publications will prove extremely useful to the international investment fund community”.
Robert Scharfe, chief executive of the Luxembourg Stock Exchange, said investment funds are the second largest segment on the Luxembourg Stock Exchange, with more than 6,500 listings.
“As an international exchange serving a global base, these two publications respond to a clear need from the fund industry and provide an essential reference.”
The main legal and regulatory texts were produced by the two Luxembourg law firms, Arendt & Medernach and Elvinger, Hoss & Prussen.
