ALFI Seminar Examines ESG and AML Developments in the E.U.

At a recent Digipulse USA seminar presented by the Association of the Luxembourg Fund Industry (ALFI), funds industry professionals examined significant trends and regulatory developments in the funds industry and their impact on U.S. managers. Marc‑André Bechet, deputy director general of ALFI, hosted the presentation. This article analyzes the portions of the seminar devoted to sustainable and environmental, social and governance investing, as well as anti-money laundering and counter-terrorist finance compliance in the E.U. A prior two-part series examined the portions of the ALFI seminar that covered the E.U. funds landscape and regulatory developments affecting distribution. The first article in that series highlighted the sections of the seminar that addressed the growth of the European funds industry, as well as fund distribution in the E.U. The second article addressed the new pre‑marketing regime under the cross-border distribution of funds directive; distribution in Switzerland and post-Brexit U.K.; and retail alternative investment products. For more from ALFI, see our two-part series “Navigating Changing E.U. Distribution, Marketing and AML Rules”: Part One (Jun. 11, 2020); and Part Two (Jun. 18, 2020).

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