Demand grows for Ucits and AIFM advice in Asia
Uncertainty over European regulations is leading Asian firms to set up lightly regulated offshore structures, says Arendt & Medernach, a firm specialising in Luxembourg law.
Arendt & Medernach, Luxembourg's largest law firm, is receiving an increasing number of enquiries about the Ucits standard, Luxembourg funds law and the implications of pending European regulation from Asian clients.
Having set up in Hong Kong last year, it hired Nelly Zhang on May 10 to help deal with the increasing amount of business in the Hong Kong and mainland China markets.
Her experience in the Greater China legal profession, coupled with training by Arendt & Medernac…
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