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JTC has been granted a depositary licence by Luxembourg’s Ministry of Finance as the firm looks to assert its capabilities to support a growing number of fund managers in Europe. In being granted the licence by the Minister of Finance, JTC, which is marking the tenth anniversary of its Luxembourg office this year, is now able to offer a full range of services to alternative investment funds (AIFs) domiciled in Luxembourg, including depositary of assets other than financial instruments.
With JTC having operated an Alternative Investment Fund Manager entity (AIFM) in Luxembourg since 2016, the new licence significantly strengthens its capabilities within the EU, enabling it to offer a holistic and comprehensive Alternative Investment Fund Managers Directive (AIFMD)...
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