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The UK voted on 23 June to exit the EU and we must all now work to create practical solutions to implement this. For asset managers, whilst Brexit is a business issue and depends on each manager's business model and strategy, ALFI will be working on practical solutions for the industry.
The impact of this vote will be dependent on future political decisions and trade negotiations and, in order to avoid uncertainty and to ensure that investors continue to be as protected as they are under EU regulation, it is essential that the period for negotiation is not prolonged and that a level playing field is maintained.
The Luxembourg fund industry has a very good relationship with the UK financial services industry and we will work to maintain these good...
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