SANNE has enhanced its client services in Luxembourg after being awarded a licence to provide professional depositary services in the country. Alongside existing administrative and corporate services, clients will benefit from SANNE’S Luxembourg office being authorised as a depositary for assets other than financial instruments held in custody after the company received a Luxembourg professional depositary licence.
This licence enables financial service providers for example, to offer an enhanced suite of services to the alternative funds sector - including family offices - in line with the European Union’s Alternative Investment Fund Managers Directive (AIFMD).
Peter Dickinson, SANNE Director based in Luxembourg, said: "This licence underlines...
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