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By David RATHS, Advisor and Mohamed ED-DIAZ, Senior Advisor at Arendt Regulatory Consulting
European regulators have, without a doubt, been busy over the last years. On asset management, the CSSF has moved on from one hot topic to the other from Brexit and substance requirements to AML, each bringing new sets of rules. It is safe to say that their implementation has already caused time, effort and money to be spent by investment fund managers (“IFM”) who were required to become compliant often within short timeframes. As it goes however, those who thought that this would be the end of it, at least for now, are mistaken, as regulators have only just gotten started on...
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