ARTICLE
3 December 2012

UCITS Management Companies And Self-Managed Sicavs & UCI Promotership: CSSF Circular 12/546

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ELVINGER HOSS PRUSSEN, société anonyme

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On 26 October 2012, the CSSF published the Circular 12/546 on the authorisation and organisation of the Luxembourg management companies subject to Chapter 15 of the Law of 17 December 2010 relating to undertakings for collective investment as well as to investment companies which have not designated a management company within the meaning of Article 27 of the Law of 17 December 2010 relating to undertakings for collective investment.
Luxembourg Finance and Banking

On 26 October 2012, the CSSF published the Circular 12/546 on the authorisation and organisation of the Luxembourg management companies subject to Chapter 15 of the Law of 17 December 2010 relating to undertakings for collective investment as well as to investment companies which have not designated a management company within the meaning of Article 27 of the Law of 17 December 2010 relating to undertakings for collective investment. An English translation of this document is available on our website (see our  Newsflash of 31 October 2012).

On 31 October 2012, the CSSF also published a Press Release 12/45 on UCI and Promoter. An English translation of this document is available on our website (see our  Newsflash of 6 November 2012).

For a detailed regulatory overview on these matters, see our Memorandum of 9 November 2012.

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.

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