Luxembourg to modernise fund laws under Bill 8183
Luxembourg is set to modernise its legislation for investment funds under a proposal that will first be discussed later this week in the grand duchy’s parliament. The bill seeks to improve the various structuring options for investment funds.
The parliament budget and finance committee on Friday will discuss Bill 8183, which was submitted at the end of March. At the 5 May meeting the committee is due to appoint a rapporteur who will coordinate the legislation.
Manfred Dietrich joins Maples Luxembourg as fund partner
Manfred Dietrich has been appointed as funds and investment management partner at the Luxembourg office of global law firm Maples. He brings more than twenty years of experience in the investment funds, asset management and regulatory industries.
Dietrich joined Maples in November from Norton Rose Fulbright. Maples said his appointment ”follows a period of exceptional growth at the firm and is in direct response to increasing demands for Luxembourg legal services from new and existing international clients.”