law of 20 December 2002 - Alfi

INTRODUCTIONBetween 1986 and 2008, the Luxembourg Stock Exchange published and distributed aFrench-English and subsequently French-English-German textbook of the Luxembourg legislationgoverning undertakings for collective investment. The textbook had eight subsequentand successful editions with an overall print of 40,000 copies. For its part, the publication hascontributed to the growth of the financial centre’s activity in connection with the segment ofundertakings for collective investment and, given its concept and contents, it has become amajor reference for the professionals operating in the undertakings for collective investmentsector.Due to this experience and in order to meet local professionals’ requests, the LuxembourgStock Exchange has decided to publish an update of the textbook with the collaboration ofthe Luxembourg Association of Investment Funds. In its updated version, the textbook ispublished in English, French and German, each comprising the law of 20 December 2002on undertakings for collective investment and the related regulatory texts. The publicationincludes footnotes and an index in alphabetical order.The updated textbook is the result of an active cooperation between two reputed local lawfirms, Arendt & Medernach and Elvinger, Hoss & Prussen, that have compiled the legal andregulatory texts and prepared the English and German translations.The Luxembourg Stock Exchange and the Luxembourg Association of Investment Fundswelcome this cooperation which enables the financial sector to be provided with an updatedreference document to contribute to a continued growth of the fund industry in Luxembourg.Both the Luxembourg Stock Exchange and the Luxembourg Association of Investment Fundsextend their gratitude to all those who have contributed to the release of this present publication.Luxembourg, 20th May 2009