Interested in News?
Talk to one of our Experts today

33%
< Back

27 April 2015

Securities concerned by the Law dated 18 july 2014

The Financial Sector supervisory authority (CSSF) informs the unit and share holders

The Law dated 18 July 2014 on the immobilisation of shares and units, is applicable when securities exist in an individually physical form, are bearer shares and have their issuer registered in Luxembourg.

 

The Law applies to the following securities :

 

  • units and capital shares issued by a public limited company (SA) and Partnership limited by shares (SCA), included under the form of a European Company  (SE)
  • shares in UCI (UCITS, Alternative Investment Funds,  Special Investment Funds (SIF) and  Risk Capital Investment Company (SICAR) non qualified as Alternative Investment Funds), established under the form of an investment company with variable capital (SICAV) or an investment company with fixed Capital (SICAF), organised as a SA or a SCA.
  • shares in UCI  (as specified above) established as a Contractual Fund (FCP)

 

However the Law doesn't apply to :

  • securitisation fund units,
  • depositary receipts (ADR, GDR, ...)
  • bonds, notes, debt certificates
  • shares or units stored in a security settlement  system and represented by a global security..

 

More information – please contact us

 

 

Links:

>> Securitisation undertakings

>> Bond issuance

>> Special Investment Fund - SIF

>> Risk Capital Investment Company - SICAR

Talk to an expert

Speak to our in-house experts for trusted unbiased advice about the incorporation and admin of funds

Contact Us

Publications

News

Latest news

See all news

close
close

Contact Us

To help us to understand your project better and to respond adequately to your request in the fastest way, please let us know more about the structure you wish to put in place:

Step 1.

Is your request about one of the following services:

Step 2.

Step 3.

Step 4.

Investor(s)

Step 5.

Submit your details

One of our advisors will be in contact to discuss your requirements in further detail.






All your personal information will strictly be used by Creatrust for professional purposes. To access, modify, rectify and delete your data, please contact Creatrust at: 2C, Parc d’Activités – L-8308 Capellen - G.D. Luxembourg