Classic FirstTuesday on The Luxembourg Business Environment
13 May 2003 - 13 May 2003
Belgium
This success is particularly due to a number of important factors contributing to the industry's growth:
- Luxembourg's clear and flexible legislation in this respect, allowing for the rapid creation of investment funds;,- As the first European country to adopt the EC's UCITS Directive 85/611/EEC in 1988, Luxembourg maintained a strong leadership position in the investment fund administration sector. It is expected that Luxembourg will have a similar success with the implementation of UCITS III;,- Development of deep competencies in the entire central administration process (transfer agent, fund administration, alternative investment products, etc.) and the anticipation of needs with respect to distribution channels (M&A, call centres, Internet, funds supermarkets, orders routing platforms etc.).,As a result, Luxembourg is now the first country of choice for the pan-European creation and distribution of investment funds.
In co-operation with Ernst and Young.
A panel will discuss and elaborate the findings:
- Frank Muntendam, International Tax Services of http://www.ey.com(Ernst and Young),- Gary Kneip, CEO of http://www.primesphere.com (primesphere)
Registration are compulsory and only limited places available.
Venue: Sofitel Luxembourg
Date: Tuesday, May 13th 2003
Entrance: 18h30
Start: 19h00,
- Luxembourg's clear and flexible legislation in this respect, allowing for the rapid creation of investment funds;,- As the first European country to adopt the EC's UCITS Directive 85/611/EEC in 1988, Luxembourg maintained a strong leadership position in the investment fund administration sector. It is expected that Luxembourg will have a similar success with the implementation of UCITS III;,- Development of deep competencies in the entire central administration process (transfer agent, fund administration, alternative investment products, etc.) and the anticipation of needs with respect to distribution channels (M&A, call centres, Internet, funds supermarkets, orders routing platforms etc.).,As a result, Luxembourg is now the first country of choice for the pan-European creation and distribution of investment funds.
In co-operation with Ernst and Young.
A panel will discuss and elaborate the findings:
- Frank Muntendam, International Tax Services of http://www.ey.com(Ernst and Young),- Gary Kneip, CEO of http://www.primesphere.com (primesphere)
Registration are compulsory and only limited places available.
Venue: Sofitel Luxembourg
Date: Tuesday, May 13th 2003
Entrance: 18h30
Start: 19h00,