Q Securities Investment Firm received permission to open a branch in Luxembourg
We would like to inform you that at the beginning of October 2020, Q Securities received permission from the CSSF (the Luxembourg equivalent of the Polish FSA) to open a branch in Luxembourg. Thus, we took the first step on the path of development. We are currently awaiting a decision from the CSSF on the authorization for Q Securities to provide depositary services in Luxembourg.
We are counting on exceeding the number of 200 soon, although the situation on the Polish market means that, despite the many new partners with whom we are starting cooperation, there are funds that end their activities.
We are steadily developing the depository service on the Polish market, expanding our cooperation with other funds and TFIs. On the Polish market, we provide a depository service for closed-end investment funds for almost 170 funds. Find out more – here.
We are all the more pleased that we are taking our first steps abroad and that we will be able to develop our business in Europe.