Jacques Elvinger is a partner at the Luxembourg law firm Elvinger Hoss Prussen. He specialises in the field of undertakings for collective investment, pension funds and other investment vehicles and is head of the asset management and investment fund department at Elvinger Hoss Prussen. He is a member of the High Committee for the Development of the Financial Centre lead by the Luxembourg Ministry of Finance. He is a member of the Advisory Committee on Investment Fund Managers of the Commission for the Supervision of the Financial Sector (CSSF). He is a former chairman of the Board of Directors of the Association of the Luxembourg Fund Industry (ALFI) and chair and member of a number of ALFI Working Groups. He is a member of a number of Working Groups of the European Fund and Asset Management Association (EFAMA).
The subscription tax is a key element for Luxembourg investment funds and plays an important role in the competitiveness of the Luxembourg financial centre. The Luxembourg law of 21 July 2023 amended the fund laws with a view to modernise some of their provisions on subscription tax aspects, to encourage the emergence and development of the new EU regimes for European Long Term Investment Funds (ELTIFs) and the pan-European Personal Pension Product (PEPP) and bring some provisions into line with more up-to-date and flexible ones. Two leading respresentatives of the fund industry will examine outstanding issues, challenges and potential future developments from both a fiscal and operational perspective.
Partner, Head of investment Funds
Managing Director