Reuss Private Access receives MiFID licence: New benchmark for cross-border asset management services
Reuss Private Group AG is pleased to announce that its subsidiary Reuss Private Access AG, based in Liechtenstein, has been granted authorization to operate as an asset management company under the MiFID licence.
Reuss Private Access continually strives to enhance its services and more effectively cater to its clients’ needs. The full MiFID asset management licence now allows it to offer even more comprehensive services to its growing client base. The offering now includes:
- Fund distribution network for asset managers and IFMs: Enables the establishment of a comprehensive fund distribution network that covers the majority of the European market and extends into Switzerland.
- Tied agent solution for asset managers and wealth managers (EU/non-EU): Supports those wishing to distribute their funds in new markets.
- Compliance oversight and KYC services: For effective monitoring of distribution.
- Legal support for sales management: For efficient and legally compliant implementation and maintenance of sales activities.
- Market entry support: Helps to determine the entry strategy into specific markets to generate growth.
- Outsourcing solutions for risk and compliance: To fulfil the regulatory substance requirements so that customers can act in a legally compliant manner.
In addition to these efforts, the company plans to form additional strategic partnerships aimed at providing tailored solutions for asset managers and financial intermediaries looking to expand in Switzerland and the EU. Raoul Weil, CEO of Reuss Private Group AG, comments: “By working closely with leading service providers in various markets, Reuss Private Access strives to be the key partner for the success of our clients. The focused partnerships underscore our commitment to delivering innovative services and addressing customer needs across diverse geographical regions.”
By concentrating on cross-border services for EU and non-EU asset managers, management companies and wealth managers, Reuss Private Access is thus positioning itself as a pioneer in the international financial sector.