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.

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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.

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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.

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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.

Read the press release in full (in French).