Luxembourg fund industry seeks to streamline paperwork checks

Paperwork. Photo: Wesley Tingy/Unsplash.
Paperwork. Photo: Wesley Tingy via Unsplash.
Luxembourg’s fund association ALFI is backing a local technology firm to help the industry streamline the number of paperwork checks and identify inconsistencies. The move follows a warning from Luxembourg’s financial watchdog that it may begin carrying out its own checks on the documents.

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