The Ambassador participates in the ALFI conference


November 19 – 20 Russian Ambassador in Luxembourg Mark Entin took part in the traditional conference of the Association of the Luxembourg investment funds (ALFI), held in the new Conference Center at Kirchberg.

At the conference spoke the leadership of major investment structures, legal and accounting firms. Sections were dedicated to the most current topics which are on the agenda of the professionals as well as funds related activities.

It was noted with great satisfaction at the conference that Luxembourg came in third place in the world in this field and according to some indicators holds about ten percent of the world market. At the same time were criticized the activities of international and European regulators, whose actions often lead to unnecessary increase of costs in the investment field.

«On the margins» of event, the Ambassador held brief meetings with the ALFI direction and many conference participants.