Blackstone, the world’s largest alternative asset manager has moved to a larger office in Luxembourg’s Vertigo Polaris Building, where it now accommodates more than 50 employees and manages close to €67.5bn in assets, it said on Wednesday.
With Fuchs & Associés Finance in troubled waters, one of its four subsidiaries, Fuchs Asset Management, announced that it was engaged in a buy-out process. Following a buy-out, the entity has a new name Funds Avenue and a new partner, Trustmoore.
New FAQS Complementary to FAQs on Investment in Virtual Assets - Further to the general publications by the Financial Sector Supervisory Commission (CSSF) in 2020 and 2021 and two sets.
Luxembourg Financial Sector Supervisory Commission and Virtual Asset Service Providers natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
It is reportedly becoming increasingly difficult for startups to open accounts with Luxembourg banks, due to due diligence requirements. And while there is nothing preventing firms from opening an account in another European country, the reality is more restrictive.