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The summer months are historically quiet months in Europe. This was not the case for 2011, with major progress made in terms of the AIFM Directive, the proposal of a new Venture Capital Regime and an update of the SIF Law.
Worth highlighting in this edition of RealTime is the crisp summary of the recent IFRS changes impacting the real estate and private equity industries as well as the latest available resources
Modernisation of accounting law and introduction of IFRS accounting standards for undertakings. CSSF Circular 10/437: Remuneration policies in the financial sector.
Update on consolidation excemption for Luxembourg companies active in the private equity and venture capital industry. IFRS LUX GAAP comparison. Private equity – The burning questions. Private equity confidence survey.