On 11 July 2023, the Luxembourg Parliament voted with an absolute positive majority on the bill of law 8183 which was proposed by the Luxembourg Government on 24 March 2023. The bill of law 8183 is expected to come into law very shortly (the " Modernisation Law ").

The Modernisation Law, as soon as published, will amend the following key laws regulating investment funds and their managers in Luxembourg: the Luxembourg Law of 17 December 2010 on undertakings for collective investment, as amended (the UCI Law)

the Luxembourg Law of 15 June 2004 on investment companies in risk capital, as […]

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By Donato