We are not only pleased, but also super proud: we have won the 2014 Fund Service Award for compliance and regulatory solutions!
Judges of the competition were looking for evidence of a compliance and regulatory service that helps companies address regulatory requirements such as detecting potential violations, addressing identified compliance issues and interacting with the regulator in an effective and cost-efficient manner. We have outclassed the competition in all of the above!
“Fund Services Awards give providers the opportunity to showcase their expertise and the ability to fulfill the increasingly complex needs of the fund management industry”, notes Investment Week, the organizer of the competition.
This is exactly our case: KNEIP was the pioneer in providing AIFMD reporting solutions on the Luxembourg market, being the first to file transparency reports to the local Regulator, the CSSF, in January 2014.
“We have managed to successfully prepare for all the stages of the transparency reporting and at present we are already producing AIFMD and MMIF reports for over 1000 funds. The award will only further encourage us to work hard with our clients on the next regulatory requirements”, comments Lee Godfrey, Deputy CEO at KNEIP.
It is not always easy to be innovative within the disciplined boundaries imposed by regulatory guidelines. But we did it!
View the winners on the Fund Services Awards website here.