ALFI responds to the ESMA consultation on CSDR Penalty Mechanism
On 29 February 2024, ALFI responded to the ESMA consultation paper on technical advice on CSDR penalty mechanism.
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6. International Roude Léiw Polo Cup
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Chronicle: Ex-AMCHAM Employee Handed €2.5k Fine, 42-Month Prison Sentence
On Wednesday 13 March 2024, the court handed down a judgment in the case against a former employee of the American Chamber of Commerce in Luxembourg (AMCHAM) who stood accused of fraud and theft.
Luxembourg companies employ 40,000 in the US
AMCHAM CEO Paul Schonenberg was recently quoted in the LuxTimes: “If you talk about it in terms of the total, aggregate size of the two economies, Luxembourg does really well in terms of their relations with the US,” he said. “I think it’s amazing that there is so much American investment in Luxembourg considering – and I’m very pleased about it – the small size of Luxembourg.”
Chronicle: Government Council Approves Use of Nutri-Score Logo on Bulk Foodstuffs, Dishes in Canteens
During its meeting on Wednesday 30 August 2023, Luxembourg’s Government Council (Cabinet) approved the use of the Nutri-Score logo on bulk foodstuffs and dishes served in collective canteens.
KPMG chooses BPI Real Estate to develop its new headquarters in Kirchberg
– PRESS RELEASE – KPMG Luxembourg is betting on sustainability and on its own determination to offer one of the most creative work environments in the country. This is why the company is aiming to move to a brand-new headquarters, designed for this purpose, before the end of the decade. To read the article in
Luxembourg Trade & Invest: Trade mission to Kazakhstan. Register now!
Luxembourg Trade & Invest invites you to take part in a trade mission to Kazakhstan from 2 – 6 October 2023. Register now!
Marsh: Global insurance market Index Q2 2023
Marsh reports on Global insurance markets Index Q2 2023.
Agilité bolsters European expansion with new UK country head
International commercial interiors specialist Agilité has marked its continued growth with the appointment of a new country head for the UK. The news comes in line with the company surpassing its fifth year of trading, with 2023 turnover expected to exceed €50 million.
eduGuichet: a single online portal for the national education system
On 26 June, the Ministry of National Education, Children and Youth launched eduGuichet, a digital platform that bundles access to various digital services for parents and pupils.
Antitrust: Commission opens investigation into possible anticompetitive practices by Microsoft regarding Teams
The European Commission has opened a formal investigation to assess whether Microsoft may have breached EU competition rules by tying or bundling its communication and collaboration product Teams to its popular suites for businesses Office 365 and Microsoft 365.
DLA Piper Luxembourg announces 2023 move to flagship building
Global law firm DLA Piper has signed a lease agreement which will see its Luxembourg team relocate to the Nova building later this year. The prestigious 4,000 sq. m. building, strategically located in the heart of Luxembourg city on the Place de l'Etoile, offers both unrivalled access and visibility, and headroom for the continued growth
