Investment funds - Regulatory framework (UCITS and AIFs)

Investment funds are one of the major industries in Luxembourg. This course will cover the main regulations applicable to investment funds in Luxembourg and their service providers, with a focus on UCITS and AIFs regulations.

By the end of this training, participants will be able to have a general view of the regulations applicable to investment funds and their service providers in Luxembourg.

General introduction:

• AIFs versus commercial companies
• Definition regulated versus unregulated structures
• UCITs

Fund's regulatory framework:

• Presentation for AIFs of the possible fund vehicles (SIF, SICAR, RAIF) and the usual company forms (S.A., SCS, SCSp)
• Presentation of the FCP
• Responsibilities of the service providers (including AIFMD and UCITS requirements)
• Regulatory documentation in an AIF and UCITS
• Marketing: AIFMD passporting

This training is coordinated by Mathieu Scodellaro, Partner in the Regulation, Risk and Compliance practice at PwC Luxembourg.

He focuses primarily on alternative investment funds and their service providers, covering a broad range of strategies, from private equity to real estate through more exotic strategies. He has assisted a number of clients, whether established asset managers (including top-tier real estate managers) or first-time fund managers, in the initial structuring, day-to-day maintenance of the fund documentation and special events impacting their funds.