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Industry Updates

Luxembourg: Important Clarification for AIFs Regarding Appointment of RR / RC

20 Oct 2022

On 12 October 2022, Luxembourg's Registration Duty, Estate and VAT Authority, the Administration de l'enregistrement, des domaines et de la TVA (AED) confirmed that unregulated alternative investment funds (AIFs) subject to its AML / CFT supervision are legally required to appoint two individuals responsible for AML / CFT.

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