AI-washing – when AI hype becomes a litigation risk
The Luxembourg government announced today the launch of a new type of alternative investment fund (AIF). This AIF is to be called "reserved alternative investment fund" (RAIF).
The RAIF's salient features are designed on the ones of the widely popular Luxembourg specialised investment fund (SIF). However, unlike the SIF, the RAIF will not need to be approved and supervised by the Luxembourg supervisory authority (CSSF).
Read our Newsletter "A New Star Is Born: The New Luxembourg AIF."