The European AIF market is one of the fastest growing in the financial sector. Your AKD counsels therefore keep up to date with developments in this dynamic industry. To help financial market participants to stay on top of current trends in the AIF space, the AKD Quarterly Update provides information on selected Luxembourg and Dutch legal, tax and regulatory matters within the AIF industry.

In this Quarterly Update covering Q3 2023, you will learn about the latest news and updates on inter alia the virtual assets service providers new obligations, the CSSF and ALFI guidance on the implementation of SFDR within the AIFMD requirements. Other topics covered include the ESMA test to determine an “investment advice” under MiFID II the recent ESMA report on distribution of open-ended and closed-ended AIFs.

You will also read about the tax and regulatory hot topics from the Netherlands.

Don’t miss out the Interview of Nunzia Pignataro, Investment Manager at Bluefield Partners LLP.

Enjoy the read and get in touch with us if you require more detailed information and assistance on the latest AIF developments and their implications.

Compliance Considerations: This Quarterly Update prompts readers to review their current practices and assess their compliance with the new legislation or supervisory priorities. It may involve implementing changes, updating documentation, or adopting new practices to ensure compliance and maintain regulatory standards.