The regulation library
Plain-language practitioner summaries of the instruments that govern funds across Luxembourg, Ireland, the UK, Jersey and Guernsey — plus the EU directives underneath them. Each page maps one law: what it actually does, its key provisions with the practical point, its amendment history, and every claim linked to the primary text.
The map of how they connect is the knowledge graph.
Luxembourg EU
- The AIFM Law (Luxembourg, 12 July 2013)
What the 2013 AIFM Law does — the registered/authorised split at €100m/€500m, operating conditions, delegation and depositary duties, and the AIFMD II changes landing from April 2026 — every claim linked to the law.
Last verified 2026-07-07 - The RAIF Law (Luxembourg, 23 July 2016)
What the Luxembourg RAIF Law actually says — scope, the no-CSSF-approval mechanism, eligible investors, risk spreading, tax election, amendment history — summarised with every claim linked to the law itself.
Last verified 2026-07-07 - The SICAR Law (Luxembourg, 15 June 2004)
What the SICAR Law does — a risk-capital-only mandate with no risk-spreading obligation, well-informed investors (€100,000 post-2023), and a favourable tax regime — every claim linked to the law.
Last verified 2026-07-07 - The SIF Law (Luxembourg, 13 February 2007)
What the SIF Law actually does — scope, the €100,000 well-informed investor, risk spreading (now reframed by CSSF 25/901), the 0.01% subscription tax, and its amendment history — every claim linked to the law itself.
Last verified 2026-07-07
Ireland EU
- The ICAV Act (Ireland, 2015)
What the ICAV Act does — Ireland's bespoke corporate fund vehicle, registered by the Central Bank, usable as a UCITS or an AIF, with variable capital, segregated sub-funds, and the US check-the-box advantage — every claim linked to the Act.
Last verified 2026-07-07
United Kingdom UK
- The Long-Term Asset Fund (UK, FCA COLL 15)
What the LTAF is — the UK's open-ended fund for illiquid long-term assets, its liquidity-matched redemption model (90-day notice, monthly dealing) and its widened retail/DC-pension access — every claim linked to the FCA rules.
Last verified 2026-07-07
Jersey Channel Islands
- The Jersey Private Fund (JPF)
What the JPF is — Jersey's 24-hour, light-touch private fund, its eligible-investor and (post-2025) uncapped-holder rules, the DSP model — every claim linked to the JFSC guide.
Last verified 2026-07-07
Guernsey Channel Islands
- The Guernsey PIF Rules 2025
What the Guernsey Private Investment Fund Rules 2025 do — the QPIF and Family PIF routes, one-business-day GFSC registration, and the designated-administrator model that carries the diligence — every claim linked to the GFSC rules.
Last verified 2026-07-07
EU layer EU
- AIFMD
What AIFMD does — authorises the manager, sets operating conditions, leverage, delegation, reporting and the marketing passport — and what AIFMD II changed from 16 April 2026: harmonised liquidity tools and a loan-origination framework. Every claim linked to the directive.
Last verified 2026-07-07 - The ELTIF Regulation
What the ELTIF does — the EU's retail-passportable long-term-asset fund, how ELTIF 2.0 opened it to retail and to open-ended structures, and the RTS that set the liquidity terms — every claim linked to the regulation.
Last verified 2026-07-07 - The UCITS Directive
What UCITS does — the EU retail fund regime, eligible assets, the 5/10/40 diversification rule, the single depositary, the retail passport, and the 2026 liquidity-tool changes — every claim linked to the directive.
Last verified 2026-07-07