The European AIF market is one of the fastest growing in the financial sector. For this reason, your AKD counsels 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.

This Quarterly Update, covering Q3 2024, offers the most recent developments on various fronts, including inter alia ESMA’s final report on MiCA and updated Q&A on AIFMD, CSSF’s clarification regarding controls to be implemented by Luxembourg depositaries in relation to AIFs investing in illiquid assets, CSSF’s updated Q&A on SRRC and CBDF, CSSF circular 24/860, the law of 15 July 2024 on non-performing loans, the ESAs issue second batch of policy products under DORA, the ESAs update consolidated Q&As on SFDR.

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

Don’t miss out the 5 Questions to Henning Frölich, Partner & Founding Member at beonti S.A.

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.

Informational Update: This Quarterly Update serves as an informational resource to the readers, providing insights into new legislation or supervisory priorities. It does not require immediate action but aims to enhance understanding of the regulatory landscape and keep readers informed about relevant developments.

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.