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
