RECOGNITION
Leaders League 2025
Fund Structuring
, Highly recommended
Private Equity
, Highly recommended
Wealth Management
, Recommended
IFLR 1000 2024
Investment Funds
, Highly regarded
Legal 500 2023
Fund Structuring
, Recommended
The European investment funds market continues to be one of the fastest-growing segments within the financial sector. At Leroy & Goldbach, we closely monitor developments in this dynamic environment to ensure our clients remain ahead of regulatory, tax and structuring trends.
With Fund Flow – our monthly update covering the industry-relevant updates, we provide curated insights on recent key legal, tax and regulatory developments in Luxembourg and the EU that may affect your business.
We hope you enjoy this edition of Fund Flow covering March 2026 updates. If you would like to discuss any topic, seek assistance or wish for a tailor-made training for your team, feel free to reach out to our Partners.
In the Fund Flow March 2026 Edition we update you on:
Investment Funds & Asset Management
Tax
Corporate, M&A & Capital Markets
Banking & Finance

In AGEFI Luxembourg, Virginie Leroy and Lissie Goldbach, Co-Founders & Managing Partners of Leroy & Goldbach, explain why continuation funds are now on the CSSF's supervisory agenda — and how sponsors and AIFMs should structure, value and document a GP-led transaction so that it withstands scrutiny.





Fund Flow – May 2026 Edition. Our monthly round-up of the key legal, tax and regulatory developments affecting investment funds and asset management in Luxembourg and the EU. This edition covers ESMA's MiFID II sustainability findings, the new national AML/CFT portal, the integrated EU funds data reporting framework, the repeal of Circular IML 91/75, SFDR 2.0 proposals, a CJEU VAT ruling on transfer pricing, the SARL deferred-capital reform, and the implementation of CRD VI in Luxembourg.


US asset managers now account for over EUR 1.2 trillion of Luxembourg fund assets — the largest single-country share. Virginie Leroy, Head of US Desk at Leroy & Goldbach, explains why the Grand Duchy has become the benchmark European platform for US managers, and the key structuring, marketing and regulatory choices involved.