Meeting the banking needs of AIFs

Opening a basic bank account—particularly for Alternative Investment Funds (AIFs) and unregulated entities within the AIF ecosystem—has become a more complicated and time-consuming process in recent years than many would anticipate. This is largely due to heightened regulatory scrutiny and stricter compliance requirements around the opening and ongoing maintenance of bank accounts.

In a recent article, Delano highlighted how Luxembourg financial institutions are adapting to the complex needs of Alternative Investment Funds (AIFs).