Luxembourg Investment Vehicles
■Legal and regulatory requirements ■ Shareholding ■Reporting requirements ■ Approval and supervision
Supervised Investment Vehicles
■ Taxation
RAIF only with authorised AIFM
Consolidation
The law contains an exemption for the RAIF and
its subsidiaries to prepare consolidated accounts.
SCS (AIF)
Consolidation requirements as per Company Law are applicable, except if
any exemption can be used.
SCSP (AIF)
An SCSp does not have a separate legal personality. On that basis, the
general interpretation is that the SCSp is out of the scope of Directive
2013/34/EU and related national transpositions. Furthermore article 77
of the RCS Law only refers to common limited partnerships (SCS) and
does not include an explicit reference to special limited partnerships
(SCSP). Consequently no consolidation obligations pertain for SCSp under
Luxembourg legal and regulatory requirements.
Luxembourg Investment Vehicles
KPMG
31View entire presentation