ALFI Seminar: Navigating Changing E.U. Distribution, Marketing and AML Rules (Part Two of Two)

A recent seminar by the Association of the Luxembourg Fund Industry (ALFI) featured panel discussions on multiple topics with representatives from financial services, asset management, legal and accounting firms. ALFI deputy general director Marc‑André Bechet hosted the seminar. This second article in our two-part series reviews the discussions on marketing E.U. funds outside the E.U.; implementation of the Sustainable Finance Disclosure Regulation; the “digitalization” of financial services in the E.U.; and developments in Luxembourg’s and the E.U.’s anti-money laundering and counter-terrorism financing efforts. The first article covered the discussions on the impact of the coronavirus pandemic on Luxembourg’s funds industry; E.U. liquidity risk management measures; E.U. distribution challenges for U.S. fund managers; the E.U.’s incipient pre-marketing regime; AIFMD II; and European Long-Term Investment Funds. For commentary from Bechet, see “ALFI Director and Chairwoman Examine Brexit, E.U. Pre‑Marketing Rules, Trends in Distribution and ESG” (Jan. 23, 2020).

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