General Members News

€50,000 donated at BIL’s Associations Day

Press Release Luxembourg, 6 December 2022   €50,000 donated at BIL’s Associations Day   On Monday 5 December, BIL donated €50,000 to ten Luxembourg non-governmental organisations. This donation reflects the bank’s ongoing support for organisations that work tirelessly to improve the living conditions of vulnerable people in Luxembourg. On its first Associations Day, BIL focused

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General Members News

New CSSF FAQ on CBDF – Guidance on Marketing Communications

New CSSF FAQ on CBDF – Guidance on Marketing Communications  On 20 September 2022, the CSSF published a new CSSF FAQ on CBDF Marketing Communications (“CSSF FAQ”), the objective of which is to provide additional guidance to Luxembourg investment fund managers (“IFMs”) on certain key aspects of the marketing communication (“MC”) requirements under Article 4

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General Members News

Elvinger Hoss Newsflash: Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter

Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter Further to our newsflash of 29 July 2022 in connection with the CSSF’s communication of 27 July 2022 in relation to SFDR and the upcoming entry into force of the SFDR RTS on 1 January 2023, the CSSF issued a further communication on

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General Members News

Elvinger Hoss: CSSF Circular 22/811 on UCI Administrators

CSSF Circular 22/811 on UCI Administrators   On 16 May 2022, the CSSF issued Circular 22/811 concerning the authorisation and organisation of entities acting as UCI administrators (“Circular”), which rewrites and repeals Chapter D of IML Circular 91/75 setting out the rules concerning the central administration of Luxembourg undertakings for collective investment (“UCIs”). As announced

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General Members News

Banque Internationale à Luxembourg (BIL) has published its new non-financial report

Luxembourg, 16 May 2022   Creating value for our clients and society   Banque Internationale à Luxembourg (BIL) has published its new non-financial report, prepared according to Global Reporting Initiative standards for the first time. This is an important part of the bank’s strategy, reaffirming a strong commitment to sustainable finance, which creates value for its clients

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General Members News

BIL releases its Green Bond Framework

    COMMUNIQUÉ DE PRESSE PRESSEMITTEILUNG PRESS RELEASE     Luxembourg, 6 May 2022   BIL releases its Green Bond Framework   Banque Internationale à Luxembourg has released a new Green Bond Framework to support its sustainable strategy and the transition to a low carbon economy. BIL has implemented its Green Bond Framework with a

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General Members News

B-Responsible! BIL supports Pickitup Luxembourg

    COMMUNIQUÉ DE PRESSE PRESSEMITTEILUNG PRESS RELEASE   Luxembourg, 3 March 2022   B-Responsible! BIL supports Pickitup Luxembourg   Following the successful B-Responsible campaign, Banque Internationale à Luxembourg has donated €4,250 to Pickitup Luxembourg. Alessandra Simonelli, Head of Sustainable Development at BIL, presented a cheque to Didier Picard and Jean-Pierre Santer, the founders of Pickitup Luxembourg, at the bank’s headquarters. With

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