Last Updated on June 3, 2025 by Arnaud Collignon
Understanding the Luxembourg Law of 17 December 2010
The Luxembourg Law of 17 December 2010, which relates to undertakings for collective investment (UCI), plays a crucial role in the regulation of investment funds in Luxembourg. This legislation is essential for ensuring that investment vehicles operate within a framework that promotes transparency, investor protection, and market integrity.
Key Objectives of the Law
- Investor Protection: The law aims to safeguard the interests of investors by establishing clear rules and regulations for fund management.
- Market Integrity: It ensures that all market participants adhere to the same standards, fostering a fair and competitive environment.
- Transparency: The law mandates comprehensive disclosure requirements, allowing investors to make informed decisions.
Types of Undertakings for Collective Investment
The law categorizes UCIs into several types, including:
- Investment Companies: These are companies that pool funds from investors to invest in various assets.
- Investment Funds: These funds are typically structured as partnerships or trusts and are designed to manage collective investments.
Regulatory Authority
The Commission de Surveillance du Secteur Financier (CSSF) is the primary regulatory authority overseeing the implementation of this law. The CSSF ensures compliance with the legal framework and protects investors’ interests.
Frequently Asked Questions
For more detailed information, you can refer to the FAQ concerning the Luxembourg Law of 17 December 2010. This document addresses common queries related to the law and its application.
Conclusion
The Luxembourg Law of 17 December 2010 is a cornerstone of the investment fund landscape in Luxembourg. By promoting investor protection, market integrity, and transparency, it establishes a robust framework that benefits both investors and fund managers alike.
External Links
- Commission de Surveillance du Secteur Financier (CSSF)
- FAQ concerning the Luxembourg Law of 17 December 2010
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