Blog: Luxembourg Blog | 11 July 2019
Luxembourg Investment Fund Glossary
This glossary aims at providing definitions of terms related to the investment fund industry and often used in our blog articles.
AIFMD - Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010
ELTIF - Regulation (EU) 2015/760 of the European Parliament and of the Council of 29 April 2015 on European long-term investment funds
EuVECA - Regulation (EU) No 345/2013 of the European Parliament and of the Council of 17 April 2013 on European venture capital funds
EuSEF - Regulation (EU) No 346/2013 of the European Parliament and of the Council of 17 April 2013 on European social entrepreneurship funds
FCP – fonds commun de placement (common fund) within the meaning of the law of 23 July 2016
MMFs - Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds
RAIF – Reserved alternative investment fund within the meaning of the law of 23 July 2016
RAIF Law - The Luxembourg law of 23 July 2016 on reserved alternative investment funds
SICAV – Société d'investissement à capital variable (investment company with variable capital) within the meaning of the law of 23 July 2016
STS - Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012
UCI Law - The Luxembourg law of 17 December 2010 on undertakings for collective investment
UCITS Directive - Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities