Specialised investment funds legal framework amended by the law of March 26, 2012

The draft law N°6318 voted on March 6, 2012 by the Chambre des Députés – the Luxembourg legislature – amending the law of February 13, 2007 on specialised invetsment funds was enacted on March 26, 2012 and published in the Memorial A – the Luxembourg official gazette – N°63 on March 30, 2012 p.714.

Luxembourg is the first member state of the European Union to enact law aiming to transpose European Union AIFM Directive 2011/61/EU into national law.

Our Investment Funds practice has prepared an updated and consolidated version of the amended law of February 13, 2007 in force since April 1, 2012.