The Grand Duchy’s financial centre scored particularly well within 3 Areas of Competitiveness in the index, namely Human Capital, sitting at number 3 globally just behind New York and London, further emphasising the depth of expertise in Luxembourg’s financial sector. The country also scored well in Infrastructure where it placed 5th, and Business Environment where it is positioned 8th.
On 29 February 2024, ALFI responded to the ESMA consultation paper on technical advice on CSDR penalty mechanism.
The board of LFF has today unanimously decided to appoint Tom Theobald as CEO of Luxembourg for Finance as of September 1st 2024, following the decision of the Government to appoint Nicolas Mackel as Luxembourg’s Ambassador to the EU.
Adem is holding an online job fair for all those looking for new job opportunities in IT or Finance in Luxembourg.
Annual inflation dropped slightly to 3.4% in January, Statec says, predicting lower price hikes this year than initially forecast.
Real estate and private equity finance specialist Delphine Gomes joins Ogier in Luxembourg
HSBC is one of only four companies in Luxembourg to receive the accolade which is a testament to the bank’s excellent HR policies and people strategy in the country.
General Members News Linklaters Luxembourg has advised Crédit Agricole Corporate and Investment Bank, as arranger, in relation to the implementation of the European Union issuance service (“EIS”) as part of the European Commission’s NextGenerationEU. With the launch of the EIS, EU debt securities (including green component under the NextGenerationEU Green Bond Framework), issued under the new EIS – Debt Issuance programme, will be settled in the same way as large EU sovereign issuers.
Press Release: BIL strengthens the Leadership of its Commercial Franchises
Bank of America announced on Tuesday the launch of CashPro Insights, a digital tool that analyzes information flowing through the CashPro platform. Through data-driven intelligence, clients are presented with insights that empower them to make more informed treasury decisions and drive cost savings and efficiencies.
Law firms in Luxembourg’s financial centre are seeing a growing number of requests relating to ELTIF investment products. Already observed in 2022, it has reached a more rapid clip following the amendment to the European regulations that came into force in March 2023 and will apply from 10 January 2024.
After recent stock market records, the question arises: What will happen in the coming months? The economy is not providing a tailwind for the time being, and the fantasy of interest rate cuts seems to have run its course.
