Ethics and governance in the European Financial centers

Cayman Net News Online has reported that Luxembourg law firm Arendt & Medernach recently set up a representative office in Hong Kong.

Fund sponsors that would usually structure their funds in the Cayman Islands are increasingly seeking advice on relocating those structures to Luxembourg and using lightly regulated types of vehicles available there, says the local Arendt & Medernach representative quoted by Cayman Net News Online.