Investment funds specialist law firm, Zeidler Group, announces its successful registration of a UK Markets in Financial Instruments Directive (MiFID) firm under the third country regime in Luxembourg for marketing to professional clients.
Zeidler Group officially received regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg earlier this year, for the UK MiFID firm of a large institutional asset manager, to market to professional clients in Luxembourg.
Sarah Noville, senior associate at Zeidler Group, says: “Ensuring success and delivering for our client was our first and foremost priority from the outset and we are delighted to receive regulatory approval under the third country regime from the CSSF.
“As investment management firms increasingly look to develop their business through new distribution channels, it is crucial that they have a trusted and strategic partner with whom to grow as well as keep pace with regulatory change, legal requirements and mitigate risk.”
Maximilian Harper, chief delivery officer at Zeidler Group, adds: “The regulatory approval from the CSSF under the third country regime reflects the research-driven and tailored legal guidance the legal services division at Zeidler Group strives to deliver on a daily basis for our asset management clients.
“Sarah Noville, who led this specific project to its successful outcome, epitomises the efficient and high-quality results Zeidler Group delivers for our range of clients’ diverse requirements.”
