Our publications
BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Jan 28, 2025UCI I CSSF FAQs updated
On 19 December 2024 and 2 January 2025, the CSSF has updated its Frequently Asked Questions (“ FAQs”) regarding the Luxembourg Law of 17 December 2010 on undertakings for collective investment (“ UCITS”)(“ the 2010 Law”). New questions were introduced by the CSSF (12.1) providing specific guidance
Jan 28, 2025AML/CFT I CSSF Launches 2024 annual questionnaire on financial crime
The CSSF has announced the 2024 annual AML/CFT questionnaire (the “ 2024 questionnaire”) will be accessible on the eDesk platform from 24 February 2025, with a submission deadline of 4 April 2025. The initiative aims to collect standardised information on money laundering and terrorism financing
Jan 28, 2025ELTIF 2.0 I Regulatory technical standards published in the EU Official Journal
On 25 October 2024, the European Commission adopted Delegated Regulation (EU) 2024/2759, supplementing Regulation (EU) 2015/760 (the “ ELTIF Regulation”) as amended by Regulation (EU) 2023/606 (“ELTIF 2.0"). The new regulatory technical standards (“ RTS”), published in the Official Journal of the EU
Jan 28, 2025AIFMD I ESMA releases new Q&As on safekeeping and delegation rules
ESMA has published two new Q&As under the alternative investment fund managers directive (“ AIFMD”). These updates address safekeeping of client money and delegation of portfolio or risk management to non-supervised undertakings outside the EU, providing clearer regulatory guidance for AIFMs. AIFMs
Jan 28, 2025MMF I CSSF Circular 24/866 streamlining data collection for investment funds
New rules redefine reporting for MMFs and non-MMF investment funds Following the ECB Regulation 2024/1988, the CSSF Circular 24/866, issued in collaboration with the Banque Centrale du Luxembourg (“ BCL”), is here to develop how Money Market Funds (“ MMFs”) and non-MMF investment funds report their
Jan 28, 2025CSSF feedback on delegation of portfolio management functions by IFMs
Following a supervisory review of the monitoring put in place by selected investment fund managers (“ IFMs”) in relation to the delegation of the portfolio management function, the CSSF published in October 2024 its main observations and related recommendations for improvement in a feedback report
Latest Brochures
Feb 12, 2024ELTIF in a nutshell
The ELTIF was created by Regulation (EU) 2015/760 on European Long-term Investment Funds of 19 May 2015 (and effective from 9 December 2015) (the “ ELTIF 1 Regulation”). The European Long-Term Investment Fund (“ ELTIF”) is a type of collective investment framework allowing investors to invest money
Jul 28, 2022RAIF | Reserved Alternative Investment Funds
This leaflet presents a focus on the Reserved Alternative Investment Fund (RAIF), a new and flexible alternative investment vehicle approved by the Law of 23 July 2016, which entered into force on 31 August 2016 (the RAIF Law). The RAIF Law creates a new type of unregulated fund which has many of
Jul 27, 2022Investment Management Brochure
Our new Investment Management practice brochure includes our expertise in this market and all the specificities of investment vehicles in Luxembourg. Our team has a strong and well-established expertise in all areas of investment funds law. At a time of increasing and changing regulation, we ensure
Latest Articles & Books
Mar 07, 2025Chambers | Investment Funds 2025 Guide
The Investment Funds 2025 guide covers over 20 key jurisdictions in this sector. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements, the fund finance
Feb 12, 2024Chambers | Investment Funds 2024 Guide
The Investment Funds 2024 guide covers 20 jurisdictions. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime. Law and Practice 1
Jan 16, 2024Thomson Reuters Practical Law | Regulation of state and supplementary pension schemes in Luxembourg
A Q&A guide to pensions law in Luxembourg. The Q&A gives a high-level overview of the regulation of national government pensions and supplementary pensions. On national government pensions, it covers employer/employee contributions; national government pension age and monthly amount; and the public
Jul 05, 2023Decision Makers - Luxembourg 2023
Now in its 15th edition, Decision Makers play a key role in helping to promote Luxembourg as the heart of the funds industry in Europe: Evelyn Maher (BSP): Navigating life’s contrasts Evelyn Maher, Head of Investment Management at the Luxembourg legal partnership Bonn Steichen & Partners, has
Apr 21, 2023IR Global | Luxembourg: the jurisdiction of choice for your fund vehicle
Luxembourg is the second largest fund centre in the world after the United States and offers a vast range of investment vehicles. In this article, we set out the advantages associated with choosing Luxembourg as the jurisdiction for your fund vehicle, and provide a brief introduction to the various
Feb 14, 2023Chambers | Investment Funds 2023 Guide
The Investment Funds 2023 guide covers 15 jurisdictions. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime. Law and Practice 1
Latest Videos
Sep 27, 2023Women in Law Series: Evelyn Maher
Sep 21, 2023Towards the modernisation of the Luxembourg fund industry
Jun 23, 2023Happy Luxembourg National Day
Sep 01, 2022Investment Funds Industry in Luxembourg
