Luxembourg firm Elvinger Hoss & Prussen to launch in Hong Kong
Elvinger Hoss & Prussen is set make its first foray overseas, launching a new office in Hong Kong next month. The firm will be registered in Hong Kong as a foreign law firm, offering Luxembourg advice to clients in the investment funds and capital markets industries.
The office will be headed up by partner Katia Panichi, who will be supported in the office by a senior associate.
Elvinger corporate partner Pit Reckinger said that the firm has a large number of clients who register Luxembourg funds in Hong Kong to sell to Hong Kong and other Asian jurisdictions. Investment funds head Jacques Elvinger added that Asian clients have indicated consistent appetite for EU-regulated funds vehicles, such as those using the fourth iteration of the EU’s Undertakings in Collective Investments in Transferable Securities (Ucits) legislation, which was implemented last year.
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