Banks as investors and taxpayers
Published the 07.11.2017
The theme of taxation as a tool for economic growth is high on the agenda of the Government. The Ministry of Finance is currently contemplating targeted incentives to R&D, start-ups...
Daniel Kapffer übernimmt die Geschäftsführung der DekaBank Luxemburg
Published the 06.11.2017
Der Deutsche Daniel Kapffer übernimmt die Geschäftsleitung der DekaBank in Luxemburg. Er tritt damit die Nachfolge von Patrick Weydert an, der zum 14. November 2017 auf eigenen Wunsch hin ausscheidet....
New partnership agreement with Seoul Metropolitan Government and Financial Hub Korea
Published the 31.10.2017
Luxembourg for Finance and its Korean counterparts aim to work together to develop exchanges in the area of financial services between the two countries. LFF’s CEO, Nicolas Mackel, stated that...
Banks invested over €18 bln in software in 2016
Published the 31.10.2017
Survey results released today by the European Banking Federation shows that European banks last year invested more than €18 billion in software, despite being forced to accept prudential rules that...
Cost sharing in the financial sector: dead end!
Published the 31.10.2017
In September 2017, the Court of Justice of the European Union (CJEU) further specified the VAT exemption applicable on the services rendered by independent groups of persons (IGPs) to their...
Asset Management : la barre des 145 400 milliards de dollars atteinte d’ici 2025
Published the 31.10.2017
Dans un nouveau rapport intitulé « Asset & Wealth Management Revolution: Embracing Exponential Change», PwC révèle que les actifs sous gestion mondiaux pourraient doubler d’ici 2025, passant la barre des...
Luxembourg Reaches Record AuM of over EUR 4 Trillion
Published the 31.10.2017
The Association of the Luxembourg Fund Industry (ALFI) announces that assets under management of Luxembourg domiciled funds reached EUR 4 037.14 billion (EUR 4.037 trillion) as at 30 September 2017....
ICBC lists its inaugural “Belt and Road” climate bond in Luxembourg
Published the 30.10.2017
The climate bond marks the first issuance dedicated to green projects following the “Belt and Road Initiative” (BRI) ever. It will support projects in China’s domestic provinces and in foreign...
Smartphone usage in Luxembourg still on the rise
Published the 26.10.2017
This week, Deloitte Luxembourg released the local version of its Global Mobile Consumer Survey 2017. The survey indicates that not only does the Luxembourg population possess more smartphones than their...
Le Pay Bank – Avertissement de la CSSF
Published the 26.10.2017
La Commission de Surveillance du Secteur Financier (CSSF) avertit le public des activités d’une entité dénommée Le Pay Bank (site Internet : www.le-pay.eu) qui prétend être établie à l’adresse 9,...
