105-3 ALFI Code of Conduct for Luxembourg Investment Funds, 2009

Summary

The purpose of the ALFI Code of Conduct is to provide boards of directors with a framework of high-level principles and best practice recommendations for the governance of Luxembourg investment funds. The Code is “principles” rather than “rules” based in that it relies upon good judgement rather than prescription. As such, the recommendations recognise that the “right approach” for many issues depends on the circumstances. The Code is not designed to supersede applicable law and regulations.

Thumbnail image for The purpose of the ALFI Code of Conduct is to provide boards of directors with a framework of high-level principles and best practice recommendations for the governance of Luxembourg investment funds. The Code is “principles” rather than “rules” based in that it relies upon good judgement rather than prescription. As such, the recommendations recognise that the “right approach” for many issues depends on the circumstances. The Code is not designed to supersede applicable law and regulations.

Issuer

Luxembourg

Year

2009

Region

Europe

Issuer (type)

Association of the Luxembourg Fund Industry (Association Luxembourgeoise des Fonds d'Investissement) (Industry)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Professional, Scientific, & Technical Services

Restrictiveness

Very Low

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 5: Gender Equality
SDG 6: Clean Water and Sanitation
SDG 9: Industry, Innovation, and Infrastructure
SDG 14: Life Below Water