AIFMD II: The Clock Everyone Forgot
AIFMD II applies in Luxembourg from 16 April 2026. The 2027 reporting deferral is narrow. LMT selection, CSSF notification and fund documentation are due now.
ESMA Supervision: The Wrong Fix for the Right Problem
6 EU finance ministers want ESMA to supervise European capital markets. Luxembourg and Ireland resist. Both miss the harder question about what really fragments EU markets.