Responsable du respect des obligations (RR): considerations on the current framework, weaknesses and potential future changes
Is the role of the Responsable du respect des obligations (RR) truly effective in its day-to-day execution within the existing framework? Should the RR function be assigned to a sole individual or collectively to the Board members? This article analyzes the current structure of the Board on Investment Funds in Luxembourg, understanding how the RR function is currently managed, where the board individually or collectively holds the function of RR, identifies its inherent weaknesses, and explores potential future developments. Continue reading Responsable du respect des obligations (RR): considerations on the current framework, weaknesses and potential future changes