Luxembourg-Russia Desk Global reach and local depth – your perfect match Jacques Wantz In charge of the Luxembourg-Russia Desk Allen & Overy September 2013 © Allen & Overy 2013 I. Why Luxembourg – Political, economic and legal stability, business friendly environment – Highly skilled multi-lingual workforce – Fully developed infrastructure of financial services and support functions – Platform and hub for structuring international investments – Predictability of tax planning (rulings) – Strong historic ties with Russia © Allen & Overy 2013 2 I. Why Luxembourg – One of only 12 countries in the world with an AAA rating and a stable outlook S&P credit rating of world countries in March 2013: Source: S&P © Allen & Overy 2013 3 I. Why Luxembourg? Less regulated A vehicle for each investment profile Law of August 10, 1915 Law of May 11, 2007 Law of March 22, 2004 More regulated Law of June 15, 2004 Law of December 17, 2010 (Part II UCI) Law of December 17 2010 (Part I UCITS) UCITS I © Allen & Overy 2013 SICAR Law of February 13, 2007 SPF SoParFi More Flexible Securitization SIF UCI II Less Flexible 4 II. Allen & Overy: Global Presence 525 Partners 2,296 Lawyers 2,332 Support staff AFRICA Casablanca AMERICAS New York São Paulo Washington, D.C. 42 offices in 29 countries © Allen & Overy 2013 ASIA PACIFIC Bangkok Beijing Hanoi Ho Chi Minh City Hong Kong Jakarta ** Perth Shanghai Singapore Sydney Tokyo EUROPE Amsterdam Antwerp Athens * Belfast Bratislava Brussels Bucharest ** Budapest Düsseldorf Frankfurt Hamburg Istanbul London Luxembourg Madrid Mannheim Milan Moscow Munich Paris Prague Rome Warsaw MIDDLE EAST Abu Dhabi Doha Dubai Riyadh ** * (representative office) **(associated office) II. Allen & Overy Luxembourg: Practices The combination of our international network and sound local knowledge enables us to provide our clients with a first rate service in: Banking Capital Markets Competition Corporate Intellectual Property Insurance Law Investment and Pension Funds Labour Law Litigation Real Estate Tax © Allen & Overy 2013 Our Lawyers advise: International corporates International banks Asset managers Private equity houses Insurance and reinsurance companies Public entities We deal with all types of domestic and cross-border transactions, from local matters to pivotal international transactions. Luxembourg Law Firm of the Year IFLR European Awards 2007, 2009 & 2010 6 II. Allen & Overy Luxembourg: Russia Desk Luxembourg Moscow More than 80 lawyers including 40 specialised in banking and finance, capital markets, corporate finance and investment Management Unique combination of Luxembourg, Russian, English and other legal expertise available Integrated Luxembourg – Russia practice Global Russia practice group, which comprises some 150 lawyers (both Russian and internationally qualified) based in Moscow, London, New York, Continental Europe and Asia Pacific © Allen & Overy 2013 Luxembourg expert permanently based in Russia with extensive business contacts and knowledge in both countries 7 Questions? Jacques Wantz in charge of the Luxembourg – Russia Desk + 7 495 662 65 43 jacques.wantz@allenovery.com These are presentation slides only. The information within these slides does not constitute definitive advice and should not be used as the basis for giving definitive advice without checking the primary sources. Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP’s affiliated undertakings. © Allen & Overy 2013 8