HSBC’s launch of Multi Currency Notional Pooling in Luxembourg
HSBC further invests in Luxembourg with the launch of Multi Currency Notional Pooling.
Tag: Finance
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General Members News B-Responsible! BIL supports Pickitup Luxembourg
Following the successful B-Responsible campaign, Banque Internationale à Luxembourg has donated €4,250 to Pickitup Luxembourg.
General Members News HSBC is launching Real-Time Payments in Luxembourg
HSBC is among the first international cash management banks to go live with Real-Time Payments (RTP) in Luxembourg.
General Members News Elvinger Hoss Newsflash: Sustainable Finance update (asset management) – CSSF announces fast track procedure for Taxonomy Regulation compliance by 1 January 2022
Sustainable Finance update (asset management): CSSF announces fast track procedure for Taxonomy Regulation compliance by 1 January 2022.
General Members News Banque Internationale à Luxembourg Signs the UN Principles for Responsible Banking
Banque Internationale à Luxembourg (BIL) has become an official Signatory of the UN Principles for Responsible Banking
DLA PIPER: Distribution of Dividends, share premium & account 115
Want to know more on distributions of dividends, share premium and account 115 in Luxembourg?
General Members News Four BIL Invest funds have obtained the LuxFLAG ESG label
Banque Internationale à Luxembourg is pleased to announce that four of the funds in its BIL Invest range have obtained the LuxFLAG ESG label for a period of one year.
General Members News Elvinger Hoss Newsflash: Sustainable Finance update
Sustainable Finance update (asset management): Final Report on SFDR RTS regarding taxonomy-related disclosures.
General Members News Elvinger Hoss Newsflash: IT and cloud outsourcing – new notification regime
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.
DLA Piper – Contribution in kind to an SARL directly at incorporation
Contributions in kind to the share capital of private limited liability companies (sociétés à responsabilité limitée) (SARL) need to be valued.
General Members News Webinar: Cash repatriation: What are your options?
Your invitation Cash repatriation: What are your options? Webinar in our new "Food for Thought" series Wednesday, 29 September 2021 12:30pm - 1:30pm CET Register During this seminar, we will give you an overview of the various ways to repatriate cash for the most commonly used Luxembourg corporate entities and some of the
General Members News 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