基本説明
Comprehensive and systematic account of the European law and national regulations applicable to Luxembourg funds.
Full Description
This book is the only analysis of the legal regime governing collective investments in the important financial centre of Luxembourg. Written by expert practitioners from a leading funds practice, it provides a detailed, comprehensive, and practical account of the regulation and operation of investment funds under Luxembourg law.
Beginning with a definition of undertakings of collective investment funds and a description of the background to the relevant legislation, the authors go on to provide a detailed account of how undertakings for collective investments are classified and how they operate in practice.
Covering all relevant EU Directives including the UCITS Directives, Prospectus Directive, MiFID, and the Savings Directive, the authors also consider the application of these Directives under Luxembourg law. The latest developments on the AIFM Directive are also addressed.
A comprehensive and systematic account, this new edition is an important reference source for all practitioners and investment managers regularly dealing with Luxembourg investment funds, as well as providing an exceptional introduction to this area of the law.
Contents
1. Introduction ; 2. Supervision of AIFM established in Luxembourg ; 3. Permitted activities for undertakings for collective investment ; 4. Establishment of undertakings for collective investment ; 5. Securities issued by undertakings for collective investment ; 6. Parties involved in the operation of undertakings for collective investment ; 7. Marketing the units or of undertakings for collective investment in the Grand Duchy of Luxembourg ; 8. Supervision of undertakings for collective investment ; 9. Dissolution and restructuring of undertakings for collective investment ; 10. Undertakings for collective investment and criminal law ; 11. Undertakings for collective investment and tax law ; 12. Undertakings for collective investment and European law ; 13. Risk capital investment companies ; 14. Securitisation vehicles