Luxembourg Regulated Investment Vehicles - Alfi

Approval and supervision18Part I Fund (UCITS)Part II Fund (UCI)Promoter requirement Yes YesSupervision by CSSF Yes YesRegular reporting toCSSFYesMonthly with due date the 10th of the nextmonth.Annually with due date four months afteryear-end.Details on reporting contained in CSSFCircular 97/136 as modified by CSSFCircular 08/348.YesMonthly with due date the 10th of the nextmonth.Annually with due date four months afteryear-end.Details on reporting contained in CSSFCircular 97/136 as modified by CSSFCircular 08/348.Approval processCreation of a fund is subject to priorapproval by the CSSF of:• Articles or Management Regulations,full and simplified prospectus and mainagreements with service providers.• Directors of the fund or managers of themanagement company.• Choice of Depositary and Auditor.• Promoter’s experience and financialsoundness.Creation of a fund is subject to priorapproval by the CSSF of:• Articles, or Management Regulations,prospectus and main agreements withservice providers.• Directors of the fund or managers of themanagement company.• Choice of Depositary and Auditor.• Promoter’s experience and financialsoundness.