JTC wins Luxembourg depositary licence
March 7, 2019

JTC, a publicly listed provider of fund, corporate and private wealth services to institutional and private clients, reports that it has been granted a depositary licence by Luxembourg's Ministry of Finance as the firm looks to assert its capabilities to support a growing number of fund managers in Europe.

This means that it can now offer a full range of services to alternative investment funds (AIFs) domiciled in Luxembourg, including depositary of assets other than financial instruments.

JTC says the new licence significantly strengthens its capabilities within the EU, enabling it to offer a holistic and comprehensive Alternative Investment Fund Managers Directive (AIFMD) compliant solution to private equity, real estate and other alternative managers. It says it also complements JTC's non-EU solution, with the firm already having ManCo and depositary licences in Guernsey, whilst JTC is also able to offer depositary services in the UK through its partnership with Indos.





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JTC, a publicly listed provider of fund, corporate and private wealth services to institutional and private clients, reports that it has been granted a depositary licence by Luxembourg's Ministry of Finance as the firm looks to assert its capabilities to support a growing number of fund managers in Europe.

This means that it can now offer a full range of services to alternative investment funds (AIFs) domiciled in Luxembourg, including depositary of assets other than financial instruments.

JTC says the new licence significantly strengthens its capabilities within the EU, enabling it to offer a holistic and comprehensive Alternative Investment Fund Managers Directive (AIFMD) compliant solution to private equity, real estate and other alternative managers. It says it also complements JTC's non-EU solution, with the firm already having ManCo and depositary licences in Guernsey, whilst JTC is also able to offer depositary services in the UK through its partnership with Indos.



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