Ucits review risks ‘backwards’ step, says Luxembourg industry

Corinne Lamesch, deputy CEO at Alfi. Photo: Alfi.
Corinne Lamesch, deputy CEO at Alfi. Photo: Alfi.
As European regulators reassess what Ucits funds should be allowed to hold, Luxembourg’s fund industry is drawing a clear red line: do not compromise a global brand that already works. The Association of the Luxembourg Fund Industry cautioned that proposals to tighten eligibility rules could push the framework backwards rather than modernise it.

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