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Is the LuxFLAG Microfinance Label only awarded to funds domiciled in Luxembourg?

April 26, 2017domiciled funds Label luxembourg luxflag microfinance

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Is the LuxFLAG Microfinance Label only awarded to funds domiciled in Luxembourg?

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No. The Label will be granted to MIVs wherever they are registered, but there is a requirement that the MIV should be subject to a level of national supervision which is equivalent to that available in the European Union countries.