\”Across the globe, the financial sector is still responding to the economic shocks associated with the banking crisis in 2008 and the sovereign debt crisis, most vividly seen in Greece but also involving many other nations.
The investment fund industry, so central to Luxembourg’s own future, is responding, driven by European Union directives, national regulators, investors and shareholders. Managers are therefore now putting into place many complex structures and processes to minimise the risk of these financial shocks occurring again.\”
Read the full article published by the Luxembourg Wort here:
http://www.wort.lu/en/view/alternative-investment-fund-manager-applicants-under-pressure-5360c624e4b01cc492c69d14