ALFI statements
ALFI’s response to the European Commission’s Public Consultation on Derivatives and Market Infrastructures
- ALFI statementsALFI appreciates the opportunity to respond to the European Commission’s Public Consultation on Derivatives and Market Infrastructures. The following feedback only focuses on legal specialties of fonds commun de placements (FCPs). For the avoidance of doubt, there are also legal specialties regarding société d´investissement à capital variable or à capital fixe (SICAV / SICAF) respectively umbrella structures (Sub funds), which should be considered in the in tended regulation of derivatives and market infrastructures. We believe that already our feedback regarding FCPs discloses that
Read moreALFI's response to CESR's consultation on risk measurement and the calculation of global exposure and counterparty risk for UCITS (Ref. CESR/10-108)
- ALFI statementsALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1 350 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on 31 March 2010, total net assets of undertakings for collective investment were 1 981 bn euros.
There are 3 516 undertakings for collective investment in Luxembourg, of which 2 149 are multiple compartment structures containing 11 146 compartments. With the 1 367 single-compartment UCIs, there are a total of 12 513 active compartments or su
ALFI’s response to IOSCO’s consultation on point of sale disclosure for collective investment schemes
- ALFI statements- ALFI represents the Luxembourg investment management and fund industry. It counts among its membership asset management groups from various horizons and a large variety of service providers. According to the latest CSSF figures, on 30 November 2010, total net assets of undertakings for collective investment were EUR 1.789 billion.
- There are 3,473 undertakings for collective investment in Luxembourg, of which 2,097 are multiple compartment structures containing 10,875 compartments. With the 1,376 single-compartment UCIs, there are 12,251 active compartments in Luxe Read more
ALFI’s response to the IOSCO consultation report on private equity conflicts of interest
- ALFI statementsALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1,300 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on October 2009, total net assets of undertakings for collective investment were 1,778 trillion euros.
There are 3,454 undertakings for collective investment in Luxembourg, of which 2081 are multiple compartment structures containing 10,874 compartments. With the 1,373 single-compartment
ALFI: Response to the CESR consultation regarding level 2 measures relating to mergers of UCITS, master-feeder UCITS structures and cross-border notification of UCITS
- ALFI statementsCESR's technical advice to the European Commission on level 2 measures relating to mergers of UCITS, master-feeder UCITS structures and cross-border notification of UCITS
ALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1,300 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on 31 August 2009, total net assets of undertakings for collective investment were 1,739 trillion euro
Read moreABBL/ALFI initials views concerning the working document of the Commissions Services (DG MARKT) Consultation on the UCITS depositary function
- ALFI statements
The Luxembourg Bankers’ Association (« ABBL ») and the Association of the Luxembourg Fund Industry
(« ALFI ») are the major representative industry bodies of the Luxembourg financial sector in terms of both
the professions represented (banks, investment funds, asset management companies, depositary banks,
fund administrations, auditors and law firms) and the geographical origin of their members. This response
was prepared by a new ABBL – ALFI joint platform: the Depository Banks Forum, which regroups
experts from
ALFI: Response to the CESR consultation regarding level 2 measures on the format and content of KID disclosures for UCITS
- ALFI statementsWe thank CESR for the opportunity to participate in this consultation on the technical issues relating to Key Information Document ("KID") disclosures for UCITS. We welcome CESR’s interest in this matter and we share CESR’s desire for clear and accurate disclosure of information to retail investors in a form that helps them to understand a fund and to compare it to other funds that might be available to them. We consider our response to this consultation to be a continuation of our response to consultations CESR/07-6691 and CESR/09-047.
ALFI: Response to the CESR consultation regarding level 2 measures related to the UCITS management company passport
- ALFI statements
Technical advice to the European Commission on the level 2 measures related to the
UCITS management company passport
ALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1,300 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on 30 June 2009, total net assets of undertakings for collective investment were 1,631 trillion euros.
There are 3,435 undertakings for collective investment in Luxembourg, of whi
Read moreALFI: Technical issues relating to Key Information Document (KID) disclosures for UCITS
- ALFI statementsTechnical issues relating to Key Information Document (KID) disclosures for UCITS
ALFI represents the Luxembourg investment management and fund industry. It counts among its membership asset management groups from various horizons and a large variety of service providers. According to the latest CSSF figures, on 28 February 2009, total net assets of undertakings for collective investment were EUR 1,530,291 billion.
There are 3,402 undertakings for collective investment in Luxembourg, of which 2,037 are multiple compartment structures containing 10,8
ALFI contribution to the CESR call for evidence on possible implementing measures concerning the future UCITS directive
- ALFI statementsALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1 300 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on 31 January 2009, total net assets of undertakings for collective investment were 1.571 trillion euros.
There are 3,398 undertakings for collective investment in Luxembourg, of which 2,034 are multiple compartment structures containing 10,914 compartments. With the 1,364 single‐compartment UCIs, there are a total of 12,2