It has been a long tradition in Luxembourg to be swift in the implementation of European Directives. It turned out to be of course a competitive advantage for the financial center of Luxembourg, a world leader in fund management. All is set for AIFMD and the very successful SIF got a haircut and make-up. And it got noticed, here from Asset Servicing Times:
Luxembourg prepares for AIFMD asset servicing latest news assetservicingtimes.com
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