The Association of the Luxembourg Fund Industry (ALFI) has criticised EU plans that would see the European Securities and Markets Authority's (ESMA) powers expanded, enabling it to continue to regulate UK asset managers after Brexit and add "an extra layer of regulation".
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes