Last stage of Luxembourg transposition of the EU Directive 2019/1160 on cross-border distribution

The transposition of the EU Directive 2019/1160 on facilitating cross-border distribution of collective investment funds (the ‘CBFD Directive’) is in the last stages of the Luxembourg legislative process, adopted by the Commission on finance and budget on 9 July 2021.

The Luxembourg transposition is based on amendements to (i) the Law of 17 December 2010 on the units of collective investment, and (ii) to the Law of 11 July 2013 on managers of alternative investment funds.

Our market intelligence team carries out a specific daily monitoring on the transposition of the CBFD Directive in each Member State.

FundGlobam will be happy to assist you should you require any further information.