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On 28 July 2016 the new law of 23 July 2016 on reserved alternative investment funds (RAIF Law) was published in Luxembourg's Official Journal (Mémorial A) following its adoption by Parliament earlier this month and it will enter into force 3 days following this publication date. The RAIF Law adds an important new tool to Luxembourg's investment funds range and is deemed by many industry professionals as crucial in facilitating Luxembourg's ability to better compete with other major alternative investment fund centres.

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