General Members News Luxembourg, 12 July 2019: Banque Internationale à Luxembourg (BIL) and Bank of China, Luxembourg branch, announce today that they have signed a cooperation agreement to establish a long-term and stable business relationship. Bank of China was the first Chinese bank to establish a branch in Luxembourg in 1979. BIL and Bank of China have a … Continued
General Members News Luxembourg, 25 June 2019: With its Open Banking platform, BIL will work closely with external developers, online merchants and partners to offer new digital services to its clients, and give fresh impetus to its innovation. Covered in particular by the second European Payment Services Directive (PSD2), the Open Banking concept encourages banks to open their information systems … Continued
General Members News Dentons launches 2019 edition of its ‘Investing in renewable energy projects in Europe’ guide Ten years after the European Union vowed to produce 20 percent of its energy from renewable sources by 2020, it has made huge progress toward that goal. Now, a new challenge beckons: In 2018, the EU formally set itself a binding … Continued
General Members News Corporate income tax rates and base broadening trends in 2019 The impact of BEPS and ATAD-related changes in 2019 The outlook for digital tax policies and the wider post-BEPS tax framework Luxembourg, 20 June 2019. The global tax environment in 2019 continues to be uncertain, with controversy on the rise. Disruptions abound and the tax … Continued
General Members News Luxembourg, 6 June 2019: In an exciting final with five talented businesswomen, the panel has selected Stéphanie Jauquet, founder and CEO of Cocottes, as the BIL Business Woman of the Year. Hosted by Genna Elvin, the founder of the TaDa web startup, the 10th BIL Business Woman of the Year award ceremony was a superb … Continued
General Members News Press release Dentons expands its interactive Whistleblower Systems tool to cover 73 countries June 4, 2019 – Dentons, the world’s largest law firm, has expanded its online comparative Whistleblower Systems tool to add a further 36 countries. The additional content was developed in collaboration with the Nextlaw Referral Network. The innovative comparative online tool … Continued
General Members News April 26, 2019 – Dentons has successfully advised TUS Science and Technology Service Group (TUS S&T) on the launch of its Innovation Investment Fund (CLIIF) – the first Chinese equity fund domiciled in Luxembourg to support innovative and fast growing businesses. CLIIF was launched on April 26, 2019. A signing ceremony took place at Banque … Continued
On April 16, 2019, following a trialog procedure between the European Commission, the Council of the European Union and the European Parliament, the Parliament decided to (once again) extend the existing transitional period as per Art. 32 Para. 1 PRIIPs Regulation by 24 months until December 31, 2021. Even though it has not done so … Continued
General Members News Research says more than 80% of wealth management clients express interest in financial advice and planning, yet half of these remain on the sidelines Luxembourg, 30 April 2019. An increasing number of wealth management clients are willing to pay for financial advice, but what they value is evolving rapidly, as one-third of clients have switched … Continued
JOINT PRESS RELEASE Luxembourg, 10 April 2019 Investment Plan for Europe: EUR 20 million for innovative SMEs in Luxembourg through EIF and BIL European Investment Fund (EIF) and Banque Internationale à Luxembourg (BIL) extend InnovFin SME Guarantee Facility agreement; EUR 20 million available for innovative SMEs and small mid-caps. Project supported … Continued
General Members News April 3, 2019 – Dentons has sucessfully advised CPI Property Group, the leading owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, on a series of financing and capital markets transactions worth approximately €1 billion, including the issue of US$350 million Reg S bonds, an update of a revolving credit … Continued
Introductory letter to employers: To whom it may concern. Year 10 Work Experience Monday 29th April – Friday 3rd May 2019 Thank you for considering accommodating our student for 4 days of work experience. Through this placement, the student should hopefully: Discover what it is like to go to work, realising how … Continued