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 Q4 2024, offers the most recent developments on various front including updates on ESMA’s Guidelines on funds’ names using ESG or sustainability-related terms, ESMA consultation paper on regulatory technical standards on open-ended loan-originating AIFs under the AIFMD, and the standardised test for classification of crypto-assets, the first administrative sanction by the CSSF on grounds of non-compliance with Article 8 SFDR, the introduction of the fourth Blockchain Law, as well as the update on the new Luxembourg tax rules, such as updated interest deduction limitation rules and application of the Luxembourg VAT on directors fees and much more.

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

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.