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Beyond Box-Checking: Embracing a Risk-Based Approach in AML Compliance

KYC

In the rapidly evolving landscape of Anti-Money Laundering (AML) regulations, the conventional wisdom of “asking every investor for a source of funds declaration” does not necessarily guarantee compliance. In fact, this approach might inadvertently lead to breaches of the General Data Protection Regulation (GDPR). It is a common pitfall to adhere to compliance superficially—merely “checking […]

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The Netherlands vs. Luxembourg: AIFM Jurisdiction Comparison

Selecting the right jurisdiction for your Alternative Investment Fund Manager (AIFM) is a pivotal decision with far-reaching implications. The European Union offers a multitude of options, but the Netherlands and Luxembourg are notable for their simplified or “light” Alternative Investment Fund Managers Directive (AIFMD) regimes. In this blog, we will delve into the advantages of […]

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