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Madoff ruling knocks Ucits regime
05 March 2010
Luxembourg has suffered a set back in its efforts to develop its status as a domicile for the EU’s Ucits-compliant funds
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[Madoff]
[Luxembourg]
[Ucits]
Luxembourg has suffered a set back in its efforts to develop its status as a domicile for the EU’s Ucits-compliant funds.
A court ruling delivered yesterday suggested that UBS could avoid direct compensation claims from investors who lost money to fraudster Bernard...
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