Value of LFA Partnership

LFA helps the bank identify and reduce U.S. legal risks. For example, LFA limits the bank’s exposure under the Advisers Act by taking over investment advisory activities.
LFA also can assist in structuring broker-dealer arrangements to minimize risk under the Securities Exchange Act of 1934.

All of this can be accomplished whilst custody of the assets remains at the bank. LFA will leverage its know-how and existing set-up to help the bank substantially reduce risk going forward. LFA has assisted other financial institutions in this process over the past two years.

LFA brings to the table three main areas of expertise: