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By Norman FINSTER, EY Luxembourg Consulting Partner, Alternative Investments Leader
Depositaries play a key role in safeguarding investors’ interests through obligations imposed to them by the UCITS and the AIFMD law. The efficiency and effectiveness with which these players conduct their operations is therefore key for protecting the trust into the Luxembourg investment fund sector. Within this article we will explore some key trends that Executives of depositary organizations have to address, not only to ensure ongoing compliance with their obligations, but also to maintain their competitive position.
Coping with increased regulatory expectations
While depositaries have already been confessed the duties of...
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