We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
As an asssociate member of LuxFLAG, Wildgen is delighted to
announce the launch of a new label for investment funds investing
in environment-related sectors.
The Environment Label will be granted to investment funds (UCITS
or non-UCITS) investing in environment-related sectors irrespective
to their domicile of registration. It is designed to reassure
investors that labelled Investment Funds actually invest the
majority of their assets in environment-related sectors in a
responsible manner. The eligibility criteria for the Environment
Label require eligible investment funds to have a portfolio of
investments in environment-related sectors corresponding to at
least 75% of the fund's total assets.
The Environment Label is granted by LuxFLAG's Board of
Directors, based upon an application by the investment fund
including information reviewed by an auditor, and a recommendation
by LuxFLAG's Eligibility Committee of specialists in
environmental investment.
The deadline for introducing applications is 15 November 2011.
Criteria and Procedure are available here.
(Source: LuxFLAG)
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
The recent developments in the shores of Cyprus have attracted the attention of foreign governments, leading energy companies and naturally the attention of international media.
It is significant that during his recent visit to Antigua, Mr. Augustin Carstens, Deputy Director, International Monetary Fund stressed, "Clearing longstanding arrears would go a long way toward normalising - and facilitating access to - regular financing. This will also help private investment and spur growth".
International Collective Investments Schemes in Cyprus are governed by the International Collective Investment Schemes Law (Law 47(I) of 1999 as subsequently amended, the "Law").
The Mauritius Legislature has modernised the legal framework
that governs the non-banking financial services sector on the
island by introducing three new pieces of legislation, and
repealing five pieces of legislation that had become
outdated.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
