Tag Archives: AIFMD

Clearstream’s monitoring report supports depositary banks manage new obligations stipulated by regulations such as the Alternative Investment Fund Manager Directive (AIFMD)

New report on Clearstream’s network links to help depositary banks meet asset monitoring and due diligence requirements under AIFMD and UCITS V/Under AIFMD, depositary banks will be required to provide oversight of the fund’s investment activities to keep custody risk … Read the full press release

The oldest private bank in Luxembourg Banque Internationale à Luxembourg (BIL) announced H1-2013 financial results

Clear return to profitability after only one year under the new shareholders Sustained growth of commercial activities Strong net income growth from 18 to 67 million euros as at June 30, 2013 A 5% increase in the customer deposit balance … Read the full press release