Sector · Regulation · Investment news

CSSF’s Ucits, AIF fund cost review draws criticism

As CSSF cost review draws ire, ministry points to fund law upgrade 
Luxembourg financial supervisor CSSF, a long-time ally for Luxembourg’s booming fund industry, is drawing reluctant criticism from some people in the sector over its recently announced initiative to review pricing mechanisms for Ucits and AIF investment funds. Responding to press questions in this context, the finance ministry signalled that “certain features” of Luxembourg’s fund legislation will be modernised “in the near future”.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.