Regulatory Alerts2015-12-31
CSSF Regulation No 15-08 on Conflict of Interest Management for SICARs
The CSSF issued Regulation No 15-08 to establish detailed rules for applying Article 7a of the Law of 15 June 2004 regarding SICARs. This regulation specifically mandates conflict of interest management requirements for SICARs that are not covered by the specific provisions of Part II of the law. It came into effect on 31 December 2015 to ensure proper governance standards for these investment companies.
Published on 31 December 2015
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CSSF regulation
laying down detailed rules for the application of Article 7a of the Law of 15 June 2004 relating to the Investment company in risk capital (SICAR) as regards the requirements in relation to the management of conflicts of interest for SICARs which are not referred to in the specific provisions of Part II of that law
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