Fund Distribution Alert 2022-01

Luxembourg – Fees to be levied by the CSSF

Luxembourg – Fees to be levied by the CSSF

On 22 December 2021, the Commission de Surveillance du Secteur Financier (the CSSF) published its updated Grand-ducal Regulation of 17 December 2021 relating to the fees to be levied by the CSSF which will come into force on 1st January 2022.

As per the Regulation, the fees due by foreign UCITS and AIF increased as follows:

REGISTRATION FEES

Until 31st December 2021

As from 1st January 2022

Single Fund (UCITS or AIF) under EU Member State law

EUR 2,650.00

EUR 3,000.00

Umbrella Fund (UCITS or AIF) under EU Member State law

EUR 5,000.00

EUR 5,500.00

ANNUAL MAINTENANCE FEES

Until 31st December 2021

As from 1st January 2022

Single Fund (UCITS or AIF) under EU Member State law

EUR 2,650.00

EUR 3,000.00

Umbrella Fund (UCITS or AIF) under EU Member State law

EUR 5,000.00

EUR 5,500.00


More information is available here (only available in French).

Please feel free to contact us should you require any additional information.

Contacts

Said Fihri

Partner
+352 22 51 51 7892
said.fihri@kpmg.lu

Stephanie Zedda

Director
+352 22 51 51 7271
stephanie.zedda@kpmg.lu

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