Investment Funds
UCITS and Crypto-Assets: The CSSF’s Strategic Opening
On 4 February 2026, Luxembourg made a decisive move. Through an update to its FAQ on Crypto-Assets – Undertakings for Collective Investment[1], the Commission de
Lextrust is a boutique law firm specializing in strategic advisory and complex investment structuring. Every client relationship is personal and built for the long term, with partners directly involved at every stage.
We advise wealthy families across generations working closely with private banks, family offices, asset managers, entrepreneurs, companies, and alternative investment funds locally and in cities like London, Geneva, New York, Paris, and São Paulo.
The firm also represents its clients before the Luxembourg courts, notably in business disputes involving governance matters, shareholders’ agreements, or directors’ liability. Some client relationships have spanned over a decade, grounded in mutual trust and shared standards of excellence.
“To be a client’s trusted counsel means understanding their economic and wealth logic, sharing their entrepreneurial vision, and standing by them over time. It is a privilege—and a responsibility we embrace with dedication, integrity, and high standards.”
At Lextrust, we’re proud to be an independent, mid-sized, multilingual, full-service law firm — four defining qualities that shape our approach and set us apart.
As an independent firm, we deliver truly tailored solutions — always in your best interests, free from outside influence.
We serve clients seamlessly in Luxembourgish, English, Dutch, French, German, Italian, and Portuguese.
Our specialists collaborate to deliver advice that’s tailored, faster, and more effective — so you get the best of our combined knowledge.
We balance personal service with broad expertise — our close-knit team works together to deliver outstanding results.
At Lextrust, one of our key goals is to offer exceptional legal services not only within national borders but also in the increasingly common context of cross-border matters.
To ensure our clients receive the same high standard of legal support globally, Lextrust partners with a carefully selected international network of independent law firms.
Eurojuris International is the leading network of independent law firms in Europe, with members located in approximately 650 cities across nearly 50 countries worldwide—not just in Europe.
The network comprises around 600 law firms and 6,000 lawyers.
Member firms are carefully selected based on internal quality standards, which include transparent fee structures, proficiency in foreign languages, responsiveness, and strict confidentiality.
Eurojuris International’s headquarters were first awarded ISO 9001 certification in 2005 and have successfully maintained this standard ever since.
The Alliuris Group is a robust global alliance of independent law firms specializing in business law, comprising over 30 member firms and more than 450 lawyers across Europe, the USA, Latin America, and Asia.
Member firms are well-versed in the expectations of international clients, with deep experience in navigating diverse legal perspectives. This enables them to deliver tailored solutions that meet the unique needs of each client.
On 4 February 2026, Luxembourg made a decisive move. Through an update to its FAQ on Crypto-Assets – Undertakings for Collective Investment[1], the Commission de
Luxembourg steps ahead: with the bill of law n°8628 filed on 29 September 2025 (the “Bill”), the Grand-Duchy charts the path for AIFMD II (Directive (EU) 2023/2225) and UCITS VI Directive (Directive (EU) 2023/2226). The Bill targets loan origination, liquidity risk management and operational simplifications for UCITS — signaling early alignment with the new EU regulatory framework.
The European Union has finally issued a full-scale regulatory framework for crypto-assets. Regulation (EU) 2023/1114 on Markets in Crypto-Assets (“MiCA”) represents the EU’s most ambitious