An investment company in risk capital (société d’investissement en capital à risque - “SICAR”) shall draw up a prospectus. An annual report (for each financial year) shall also be produced. But a semi-annual report is not necessary.
Key information documents (“KID”) for packaged retail and insurance-based investment products (“PRIIPs”) are also required if retail investors can make investments.
References: Article 23(1) of the amended law of 15 June 2004 relating to SICAR; Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on KID for PRIIPs; Authorisation and Supervision (SICAR), September 14, 2020, Bertrand Mariaux.
*Podcast #268:
*YouTube Video 257|:
Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)
Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)