The Luxembourg Fund Labelling Agency (LuxFLAG) is an independent, non profit making, association created in Luxembourg in July 2006 by seven founding partners, which included the ABBL. The Agency aims to promote the raising of capital for Microfinance by awarding a recognisable label to eligible Microfinance Investment Vehicles (MIV). Its objective is to reassure investors that the MIV actually invests, directly or indirectly, in the Microfinance sector. The MIV may be domiciled in any jurisdiction that is subject to a level of national supervision equivalent to that available in European Union countries.


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