LUXEMBOURG Trends and Developments Contributed by: Claire Guilbert, Geoffroy Hermanns and Cyril Clugnac, Norton Rose Fulbright
goal of making the industry stronger and more harmonised. But the fund industry is at the same time being shaken by surrounding economic and political turmoil: as ever, market players will have no choice but to continue navigating these trou - bled waters, which will see both challenges and opportunities. We therefore hope that the imple - mentation of these regulatory initiatives is both pragmatic and practical.
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