ALFI Seminar: Navigating Changing E.U. Distribution, Marketing and AML Rules

A seminar presented by the Association of the Luxembourg Fund Industry (ALFI) featured panel discussions with representatives from financial services, asset management, legal and accounting firms. The seminar was hosted by ALFI deputy general director Marc‑André Bechet. The first article in this two-part series, covers the discussions on the impact of the coronavirus pandemic on Luxembourg’s funds industry; E.U. liquidity risk management measures; E.U. distribution challenges for U.S. fund managers; the E.U.’s incipient pre-marketing regime; AIFMD II; and European Long-Term Investment Funds. The second article reviews the discussions on marketing E.U. funds outside the E.U.; implementation of the Sustainable Finance Disclosure Regulation; the “digitalization” of financial services in the E.U.; and developments in Luxembourg’s and the E.U.’s anti-money laundering and counter-terrorist financing efforts. See “Distribution, Fundraising and Regulatory Environment in Luxembourg and the E.U.” (Feb. 27, 2020); and “KPMG Reports on AIFMD’s Efficacy Five Years After Implementation” (May 30, 2019).

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