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FE fundinfo and the Luxembourg Stock Exchange (“LuxSE”) today announce a new partnership which will result in FE fundinfo’s acquisition of Fundsquare, a leading fund registration and regulatory services provider in Luxembourg.
The EU Directive 2019/1160, better known as: “the EU cross-border distribution of collective investment undertakings legislative package” comes into effect 2 August 2021. Find out how it affects UCITS and Alternative Investment Funds (AIFs) in different jurisdictions across Europe.
Despite the passporting features of EU regulation, it seems fund managers are still finding it difficult to circumvent the apparent inconsistencies in how EU Member States apply directives relating to the cross-border fund registration, distribution and marketing of funds.