Zeidler Group has received regulatory approval for registration of a UK MiFID company under the third country regime in Luxembourg for marketing to professional clients.
The company received regulatory approval from the Commission de Surveillance du Secteur Financier in Luxembourg earlier this year for the UK MiFID firm of a large asset manager, to market to professional clients in Luxembourg under the third country regime that is available in Luxembourg.
Zeidler chief delivery officer Maximillian Harper said, ““The regulatory approval from the CSSF under the third county regime reflects the research-driven and tailored legal guidance the legal services division at Zeidler Group strives to deliver on a daily basis for our asset management clients. Sarah Noville, who led this specific project to its successful outcome, epitomises the efficient and high-quality results Zeidler Group delivers for our range of clients’ diverse requirements.”
Zeidler senior associate Sarah Noville added, “Ensuring success and delivering for our client was our first and foremost priority from the outset and we are delighted to receive regulatory approval under the third county regime from the CSSF. As investment management firms increasingly look to develop their business through new distribution channels, it is crucial that they have a trusted and strategic partner with whom to grow as well as keep pace with regulatory change, legal requirements and mitigate risk.”
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