Lux adviser network launches

A network has been launched in Luxembourg to help advisers across Europe meet their increasingly onerous regulatory requirements. Nucleus Euro-Alliance is offering to licence brokers through Luxembourg so they can passport their advisory services across the European Union. The company has been established by three businesses: Equitas, which is based in Luxembourg, Nucleus (the commercial arm of the European Federation of Financial Advisers and Financial Intermediaries [Fecif]) and the family trusts of Kevin Mudd. Mudd is the founder of the network OFS WorldNet. This was acquired by Int...