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mercredi 16 novembre 2016
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ALFI : Australia’s institutional investors get easier access to Luxembourg UCITS

ALFI has successfully negotiated an AFS licence relief for financial services providers regulated by the CSSF.   The Association of the Luxembourg Fund Industry (ALFI) has announced that it has successfully negotiated an exemption from the obligation to hold an Australian financial services (AFS) licence to provide financial services in Australia. The exemption applies to Chapter 15 Management Companies and UCITS Self-Managed SICAV regulated by the Luxembourg financial supervisory authority Commission de Surveillance du Secteur Financier(CSSF).   This relief will enable Australia's institutional investors, including superannuation funds, to get easier access to Luxembourg UCITS. As a rule, a foreign financial services provider (FFSP) needs to...
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