Ogier Global, Ogier’s corporate and fiduciary services division, has been granted a fund administration licence by the Commission de Surveillance du Secteur Financier (CSSF).
In a statement on 20 June, Ogier said the achievement marked “a significant milestone, allowing the firm to extend its comprehensive range of services to include fund administration, corporate and domiciliation services from within the Grand Duchy of Luxembourg”.
With the newly acquired CSSF licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.
Wilfried Lottin, managing director of Ogier Global in Luxembourg said: “This new offering in Luxembourg leverages our existing expertise in corporate and fiduciary services and the management of diverse unregulated entities such as management companies, special purpose vehicles, and holding companies. This enhancement will ensure that we can service all our clients’ needs.”
David Fowler, Global Head of Fund Services, said: “Luxembourg is a key location for fund administration and with this licence, we are ideally positioned to offer our clients a full range of services that will support their funds throughout their lifecycle. The firm’s global presence and local expertise enable us to navigate intricate regulatory landscapes, offering clients peace of mind and the assurance of compliance with all regulatory requirements.”
Valere Twagirayezu, head of fund administration, Luxembourg: “We are excited about the opportunities this licence presents. Our clients now have the benefit of a seamless and integrated service provision, with a dynamic and client centric team that promises a superior client experience in the Luxembourg market.”
