Posted on 29 October 2020
Real Deals Q&A with Robert Brimeyer, Country Executive Luxembourg
Speaking to Real Deals for their Luxembourg Special Report, Robert Brimeyer, Country Executive Luxembourg at Alter Domus, discusses navigating lockdown, the evolution of the relationship between fund administrators and private equity clients, and why the KYC process would benefit from standardisation.
Speaking about the need for standardisation, Brimeyer reveals, "Complying with AML/KYC rules both on the investor and investment side is no longer a differentiator; it’s a “must have” or “must comply” topic where focus should now be on boosting efficiencies for all stakeholders. Many players have implemented investor portals and other ways to automate the KYC processes, but a lack of standardisation and efficiency across the market is penalising all stakeholders."
Read the complete Q&A on the Real Deals website or download the PDF below.