Our publications
BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Aug 06, 2025Luxembourg: A strategic hub for defense investment funds in the EU
The changing investment landscape in European Defense and the role of private and public capital The European Union (EU) is witnessing a significant transformation in its defense investment strategy, driven by geopolitical dynamics and a renewed emphasis on strategic autonomy. Initiatives such as
Jul 21, 2025Collective Investment Schemes I IOSCO revised liquidity risk management recommendations and related guidance
The International Organization of Securities Commissions (IOSCO) has published the following final reports on 26 May 2025: Final revised Recommendations for Liquidity Risk Management for Collective Investment Schemes as an update to their earlier 2018 recommendations (the “ Revised Liquidity
Jul 16, 2025AIFM Law | CSSF FAQ update
On 20 May 2025, the CSSF published Version 24 of its FAQ on the law of 12 July 2013 on alternative investment fund managers (“ AIFM Law”). This document provides updated guidance on the interpretation and application of various provisions of the AIFM Law, including revised definitions, clarification
Jul 09, 2025Investment funds non-authorised | New CSSF Circular 25/894
Background On 27 June 2025, the new circular Circular CSSF 25/894 – Information to be submitted to the CSSF in relation to investment funds non-authorised by the CSSF (the “ Circular”) entered into force . The Circular focuses on transparency, risk assessment, and oversight of investment funds that
Jul 02, 2025AML | Luxembourg updates its National Risk Assessment
Publication Luxembourg has officially released its updated National Risk Assessment (NRA 2025) on money laundering, marking a key milestone in the country’s ongoing efforts to strengthen its anti-money laundering and counter-terrorist financing (AML/CFT) framework. Coordinated by the Ministry of
Jun 03, 2025EU Startup and Scaleup Strategy | "Choose Europe to Start and Scale"
On 28 May 2025, the European Commission adopted its EU Startup and Scaleup Strategy (the " Strategy") - a coordinated EU-level framework designed to support the creation, growth and internationalisation of innovative startups and scaleups. The Strategy sets out 26 legislative, regulatory and
Latest Brochures
Feb 12, 2024ELTIF in a nutshell
The ELTIF was created by Regulation (EU) 2015/760 on European Long-term Investment Funds of 19 May 2015 (and effective from 9 December 2015) (the “ ELTIF 1 Regulation”). The European Long-Term Investment Fund (“ ELTIF”) is a type of collective investment framework allowing investors to invest money
Jul 28, 2022RAIF | Reserved Alternative Investment Funds
This leaflet presents a focus on the Reserved Alternative Investment Fund (RAIF), a new and flexible alternative investment vehicle approved by the Law of 23 July 2016, which entered into force on 31 August 2016 (the RAIF Law). The RAIF Law creates a new type of unregulated fund which has many of
Jul 27, 2022Investment Management Brochure
Our new Investment Management practice brochure includes our expertise in this market and all the specificities of investment vehicles in Luxembourg. Our team has a strong and well-established expertise in all areas of investment funds law. At a time of increasing and changing regulation, we ensure
Latest Articles & Books
Jul 02, 2025Luxembourg has room to grow in crypto
Paperjam Article and Video Luxembourg’s strong fund ecosystem positions it well for future growth in crypto and tokenisation. Despite this growth potential and regulations supporting this space, certain challenges persist. BSP partner and head of its Investment Management department Evelyn Maher
Mar 07, 2025Chambers | Investment Funds 2025 Guide
The Investment Funds 2025 guide covers over 20 key jurisdictions in this sector. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements, the fund finance
Feb 12, 2024Chambers | Investment Funds 2024 Guide
The Investment Funds 2024 guide covers 20 jurisdictions. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime. Law and Practice 1
Jan 16, 2024Thomson Reuters Practical Law | Regulation of state and supplementary pension schemes in Luxembourg
A Q&A guide to pensions law in Luxembourg. The Q&A gives a high-level overview of the regulation of national government pensions and supplementary pensions. On national government pensions, it covers employer/employee contributions; national government pension age and monthly amount; and the public
Jul 05, 2023Decision Makers - Luxembourg 2023
Now in its 15th edition, Decision Makers play a key role in helping to promote Luxembourg as the heart of the funds industry in Europe: Evelyn Maher (BSP): Navigating life’s contrasts Evelyn Maher, Head of Investment Management at the Luxembourg legal partnership Bonn Steichen & Partners, has
Apr 21, 2023IR Global | Luxembourg: the jurisdiction of choice for your fund vehicle
Luxembourg is the second largest fund centre in the world after the United States and offers a vast range of investment vehicles. In this article, we set out the advantages associated with choosing Luxembourg as the jurisdiction for your fund vehicle, and provide a brief introduction to the various
Latest Videos
Sep 27, 2023Women in Law Series: Evelyn Maher
Sep 21, 2023Towards the modernisation of the Luxembourg fund industry
Jun 23, 2023Happy Luxembourg National Day
Sep 01, 2022Investment Funds Industry in Luxembourg
