General Members News

15 professionals admitted to partnership as of 1 July 2021 at EY Luxembourg

  Olivier Coekelbergs, Country Managing Partner at EY Luxembourg said: “Their promotion is a recognition of their sustained high performance and valuable contribution to our firm, and a confirmation of our belief in their continued importance to the success of EY. It also demonstrates that our six-year strategic plan “Ambition 2026” offers major career development … Continued

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The CSSF provides helpful guidance to the industry on the scope of loan originating activities that do not require a license as a professional of the financial sector

On 15 June 2021, the CSSF has informed the publication of the adaptation of its FAQ on the statuses of PFS with respect to the PFS status relating to the granting of loans to the public (Article 28-4 of the Law of 5 April 1993 on the financial sector (LFS)). The CSSF indicates in its … Continued

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New Partnership – Anderson Wise, The Henka Institute and fts global

Anderson Wise, the Henka Institute and fts global announced today they have entered into a Partnership.   Darren Robinson, Managing Partner at Anderson Wise says ‘This partnership underscores our commitment to supporting our candidates’ career journey and helping our clients create a performant yet sustainable organisation. At Anderson Wise, we care deeply that people feel … Continued

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BIL 2020 Results: Investing For The Future

In 2020, BIL Group demonstrated its resilience and support to the economy in a context marked by the health crisis.   Net income after tax : EUR 101 million, -10% (EUR 112 million in 2019) Assets under management : EUR 43.7 billion (EUR 43.5 billion in 2019) Total balance sheet : EUR 6 billion, +8.9% (EUR 28.1 billion in 2019) Customer deposits: … Continued

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NautaDutilh appoints three senior associates

NautaDutilh Avocats Luxembourg is pleased to announce three promotions to senior associate. Florence Remouchamps (Litigation & Arbitration): Florence represents a wide range of corporate clients and banks in commercial, corporate and insolvency-related arbitration and litigation. David Al Mari (Corporate M&A): David advises clients on a wide range of corporate matters, including cross-border mergers and acquisitions, … Continued

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Accidental Americans Association urges the Luxembourg Administrative Tribunal to halt the transfer of personal data to the United States under FATCA

LUXEMBOURG— On 2 April 2021, the Accidental Americans Association (AAA) filed an appeal with the Luxembourg Administrative Tribunal against a decision of the Luxembourg tax authorities (ACD) to refuse to halt transfers of personal data under FATCA. The AAA considers such transfers to be illegal and asks the Administrative Tribunal to submit several preliminary questions … Continued

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Avega’s management team undertake an MBO

PRESS RELEASE The founders and management team of Avega are pleased to announce they have successfully concluded an MBO.  The transaction results in Avega remaining 100% owned by its management, allowing it to continue building on the firm’s proven fundamentals – enabling private equity houses to establish their European investments, providing services throughout the whole … Continued

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Hogan Lovells Luxembourg promotes Simon Recher to Senior Associate

For 5 years now, Simon has been assisting investment professionals with structuring and establishing investment vehicles, either in regulated or unregulated form, investing in various types of assets. His previous 3-years-in-house position at a global asset manager in Luxembourg allows him to see legal aspects surrounding investment vehicles from various angles, and makes his advice … Continued

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BIL investment Outlook for 2021

Luxembourg, 19 January 2021   In “The way we live now”, Banque Internationale à Luxembourg (BIL) investment experts discuss the new reality ushered in by the Covid-19 pandemic, the digital trends that will stick and the renewed focus on sustainability. They urge investors to stay perseverant and disciplined, noting that a long-term mindset is essential … Continued

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EY Luxembourg awarded the Actions Positives label

Luxembourg, 10 December 2020. EY Luxembourg is proud to be awarded the Actions Positives label by the Ministry for Equality between women and men. This government initiative aims at supporting an inclusive economy and an egalitarian society. It also certifies good practices in terms of equal opportunities between women and men at work, rewarding winning … Continued

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