In the context of Fund Governance, ILA works in close cooperation with ALFI, the Association of Luxembourg Fund Industry. The ALFI Fund Governance Forum aims to promote best practice in matters of fund governance including periodic review and update the ALFI Code of Conduct.

ILA is Luxembourg's premier interlocutor on issues affecting directors and corporate governance and has developed, amongst others, various guidelines and recommendations specific to Luxembourg investment funds and management companies.

ILA aims to develop highly qualified, effective and respected Directors, and regularly runs training and topical events on governance and funds governance. Details of upcoming training events can be found here.

Fund Governance
Presentation of ILA Toolkits for Fund Directors

FAQ for Directors of Regulated Funds

Guide for Directors in the context of the AIF & AIFM (*)

ILA & PwC Fund Governance Survey

Examples of further ILA documentation
A guide for accepting company directors’ mandates (*)
Group interest and subsidiary governance in Luxembourg (*)
Board evaluation toolkit (*)
Audit Committee Guide (*)

Further documentation is available in our library (*)
(*) these publications are accessible for members only. Members must first enter their login information in the section "my account" .
If you are not yet an ILA member you can order the brochures by filling in the attached order form and sending it to
Information about joining ILA can be found here