Alter Domus introduces new compliance service 13 February 2015Luxembourg Reporter: Stephanie Palmer
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Fund and corporate service provider Alter Domus has launched a new regulatory and compliance service.
The service is a response to the increasingly complex legislation from international regulators, and clients’ needs in managing this.
Alter Domus specialises in international private equity and infrastructure houses, real estate firms, multinationals, private clients and private debt managers.
CEO Laurent Vanderweyen said: “Assisting our clients to face these new challenges, notably in the areas of Know Your Client, FATCA and AIFMD reporting, is critical to them as they focus on their own core business. Alter Domus has already developed dedicated solutions in these areas and will continue to extend our offering under this specialised team as new requirements come to market.”
Benoit Dewar will head up the new regulatory and compliance team. He said: “With 270 funds representing $56 billion assets under administration and over 6,000 structures, Alter Domus has developed robust policies and processes across the full scope of our clients’ activities, ensuring the highest levels of efficiency in sourcing and reporting on the multitude of complex reporting required.”
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