Reserved Alternative Investment Fund (RAIF) Law Passed In Luxembourg

The RAIF law has entered the Luxembourg legal and regulatory environment, with short time-to-market and no requirement for Luxembourg regulatory approval or supervision.

The Luxembourg funds industry can now offer, on short notice, a product that is not subject to supervision by the Commission de Surveillance du Secteur Financier (CSSF), with full fund flexibility.

Source Mondaq.com

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