On 31 August 2021, the CSSF issued a press release providing that the liquidation period extension requests for UCIs, UCITS, SIFs and SICARs (not individual sub-funds thereof, see below)) in non-judicial liquidation will no longer be required with effect from the date of such press release.

The CSSF will monitor the status of the liquidation via the semi-annual reports on the progress of the liquidation submitted by the liquidator who will be using a form available on the CSSF website.

The CSSF has however stated that the liquidation period extension requests for sub-funds of umbrella investment funds are still required after a nine-month deadline.

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.