CSSF fines Mizuho nearly half a million euro for breaches

Luxembourg’s CSSF financial regulator on 20 February announced that in late 2023, it had imposed a nearly half-million euro administrative fine on Mizuho Trust & Banking (Luxembourg) S.A.

The 17 November 2023 fine of 444,400 euros was imposed for non-compliance with professional obligations under Luxembourg’s financial sector law relating to governance and IT organisation. 

Dutch fund manager launches Night Watch IM in US

Roderick van Zuylen is prepared for the challenge. On the 1st of January, the ex-Van Lanschot Kempen portfolio manager inaugurated his own investment fund in the US: Night Watch Investment Management. “I desired a name that alluded to my Dutch heritage, yet Dike Capital and Tulip Invest were disregarded for obvious reasons.”

Single family offices increasingly seek collaboration

In the dynamic world of family offices, a significant trend is emerging: single family offices increasingly collaborate with multi-family offices for complex administrative tasks. Nienke Bollen and Maartje van Casteren, partners at Providence Capital, have observed this shift in their daily operations. Leveraging their experience, they offer insights to multi-family offices, maximising their expertise.