ALFI Notes the Commission’s Plans to Amend the UCITS and AIFM Directives
ALFI issued a press release pointing out that they believe that a wider scope for the clarification of marketing and pre-marketing would have been preferable and that the level of harmonization which would be achieved could have been greater.
ALFI Notes the New French-Luxembourg Double Tax Treaty
ALFI issued a press release pointing out that the new French-Luxembourg double tax treaty has been made available as a non-official version and that certain aspects raise questions.
CSSF Warns the Public on Initial Coin Offerings and Tokens
The CSSF issued a warning pointing out that raising capital via initial coin offerings is not subject to regulation and that investors do not benefit from any protection.
CSSF Issues Press Release on Global Situation of UCIs
The CSSF published a press release regarding the global situation of Luxembourg undertakings for collective investment at the end of January 2018.