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Clifford Chance

Clifford Chance
Briefings

Briefings

Publication of CSSF Circular 12/546

13 November 2012

On 26 October 2012, the Luxembourg supervisory authority of the financial sector (CSSF) released Circular 12/546 relating to the authorisation and organisation of Luxembourg management companies subject to Chapter 15 of the law of 17 December 2010 relating to undertakings for collective investment (2010 Law) and self-managed investment companies which have not designated a management company within the meaning of Article 27 of the 2010 Law (SIAGs).

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