10 Feb 2021 | Press Releases
The Association of the Luxembourg Fund Industry (ALFI) acknowledges the recent articles containing a series of allegations, in particular on the Luxembourg investment fund industry.
ALFI agrees wholeheartedly with the statement given by the Luxembourg Government.
Luxembourg as a financial jurisdiction is held to the most rigorous regulatory standards, which are embedded in European legislation and internationally recognised principles. The Luxembourg investment fund industry is resolutely committed to openness and compliance, and at every opportunity seeks to further and advance the stringent regulatory framework within which it operates.
For further information, please refer to the Luxembourg Government’s statement and detailed FAQs on the issue here.