General Members News Banque Internationale à Luxembourg is pleased to announce that four of the funds in its BIL Invest range (BIL Invest Patrimonial Defensive, BIL Invest Patrimonial Low, BIL Invest Patrimonial Medium and BIL Invest Patrimonial High) have obtained the LuxFLAG ESG label for a period of one year. The four BIL Invest Patrimonial funds, which … Continued
Press release – 27 October 2021 IQ-EQ hires Group Chief Information Officer as part of long-term technology push Rashmi Rao is appointed a new Group CIO at IQ-EQ, reaffirming the investor service firm’s commitment to its technology transformation journey. Rashmi brings 20+ years of experience to her new role and has a proven track record … Continued
Sustainable Finance update (asset management): Final Report on SFDR RTS regarding taxonomy-related disclosures On 22 October 2021, the European Supervisory Authorities or ESAs (EBA, EIOPA and ESMA) presented the European Commission with their Final Report on the draft Regulatory Technical Standards (RTS) regarding taxonomy-related pre-contractual and periodic disclosures under SFDR, as amended by the Taxonomy … Continued
IT and cloud outsourcing: new notification regime On 14 October 2021, the CSSF published its new CSSF Circular 21/785 with regard to replacing the prior authorisation obligation with a prior notification obligation in the case of material IT outsourcing (the “Circular”), which results in a simplification of the current regulatory requirements. The Circular became effective from 15 October … Continued
General Members News The European Commission has adopted on 18 May 2021 a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short- term vision to support Europe’s recovery from the COVID-19 pandemic and to ensure adequate public … Continued
SCOTTSDALE, ARIZONA, October 12th, 2021 – Paul Binsfeld, Arizona entrepreneur and founder of Company Nurse, has been named the Honorary Consul of Luxembourg to Arizona and New Mexico. In this role, Binsfeld will promote business, cultural, educational, and tourism exchange between Luxembourg, Arizona, and New Mexico. This announcement coincides with the Consul General of the Grand Duchy … Continued
General Members News When it comes to buying a home, every detail matters. To help buyers make a fully informed choice about whether to buy a property, BIL is launching the Myvisit website in partnership with start-up Konkretly. A proper digital checklist to ensure nothing is forgotten, Myvisit also lets users compare places visited. Ideal for reaching … Continued
Contribution in kind to an SARL directly at incorporation 24 September 2021 l By Céline Pignon Contributions in kind to the share capital of private limited liability companies (sociétés à responsabilité limitée) (SARL) need to be valued. Contributions in kind can take place at incorporation or during … Continued
EGB Design & Build N13 | An interior design compendium For the architectural firm EGB Interior Design, September 2021 marks the publication of the 13th edition of its annual Design and Build magazine. It features projects completed over the previous year, including offices, restaurants, residential and retail spaces. One of EGB’s greatest prides has … Continued
A new management team to deploy the “PwC Legal 2025” strategy Catherine Baflast becomes managing partner as of October 1, 2021 Luxembourg, 21 September 2021 At the end of her mandate at the head of PwC Legal, the time has come for Cindy Arces to hand over the reins to Catherine Baflast, … Continued
Your invitation Cash repatriation: What are your options? … Continued
IM-MOBILITY pushes the boundaries How our relationship with space has evolved? What are the foundations of our future means of transports? Artists and innovative businesses will try to provide answers through a multidisciplinary exhibition on the theme of mobility. Works of art, videos, prototypes, performances and conferences will be presented in Banque … Continued