Those of you who have clients with Lombard International investment bonds (domiciled in Luxembourg) may have received a letter from Lombard outlining some potential implications of Brexit for bond holders. The details are a little complicated and it isn’t clear what action, if any, needs to be taken, or if other offshore bond providers may be subject to similar rules.
threesixty’s research team has had sight of this letter and undertaken some initial research following a client enquiry. Here we share our findings to help with any research you may be conducting or similar discussions you may be having with Lombard.
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