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By Sylvain CREPIN, Partner, Sebastian SCHIECK, Director Kevin BORAN, Senior Manager at Deloitte Luxembourg
In the past two years, the number of Luxembourgish investment fund managers (IFMs) with at least one branch grew by 63%, from only 62 in 2021 to 101 in 2023. This trend shows that branch networks remain important in the industry. However, branches face operational challenges, especially regulatory requirements. This article addresses two main models IFMs use for branch oversight to reduce regulatory impacts on daily operations.
IFMs need to ensure robust regulatory decision-making, policies, and governance across their operations. By centralizing these aspects, they can maintain consistency and compliance. Centralized management...
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