mercredi 10 juillet 2013
Tous les titres


Fax du mercredi 10 juillet 2013 - Tous les titres

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ALFI: Luxembourg Parliament adopts law implementing AIFMD

On 10 July 2013, the Luxembourg Parliament adopted the law transposing the Alternative Investment Fund Manager Directive (AIFMD) into Luxembourg law. Marc Saluzzi, Chairman of ALFI, comments: “With the legislative process now complete, the regulated alternative investment fund industry in Luxembourg is ready to take off.” He continued: “AIFMD pushed the alternative fund management industry towards a model which is based on the compromise of more regulation in exchange for a passport. This is the same as the UCITS model which we know so well in Luxembourg, and, combined with the fact that we already have a well-established ‘alternatives’ industry, the lawputs the Luxembourg financial centre in a strong competitive position to develop our hedge, real estate and private equity activities...
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