Compliance

Compliance Corner: Mourant, CSSF, Luxembourg

Editorial Staff 22 October 2024

Compliance Corner: Mourant, CSSF, Luxembourg

The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.

The financial regulator of Luxembourg has granted a PFS licence to Mourant, the law firm and professional services firm, so that it can offer a wider range of corporate and fund administration services in the region. 

Mourant has also set up MourantGS Services in order to provide standalone services including company secretarial services, accounting and liquidation mandates, it said in a statement yesterday. Services include, but are not limited to, domiciliation, corporate structuring, fund administration, fund accounting, and tax compliance support.

The licence was granted by the Commission de Surveillance du Secteur Financier (CSSF).

Last year, as part of its build-out of Luxembourg services, Mourant joined forces with FideField, a governance services business supervised by the Order of Chartered Accountants in the European principality. Also in 2023, it teamed up with LexField, a financial services and business law firm specialising in advising corporations, private equity (including real estate) houses, financial institutions, investment funds, assets managers and sponsors, family offices and high and ultra-high net worth individuals on various transactions.

Besides Luxembourg, Mourant advises on the laws of the British Virgin Islands, the Cayman Islands, Guernsey and Jersey. It has offices in financial centres including London, Singapore and Hong Kong.

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