General Members News Luxembourg for Finance: Luxembourg modernises investment fund legislation
Luxembourg has updated its legislative framework relating to investment funds to enhance its competitiveness and thus its leadership in this area.
Tag: Finance
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General Members News Press Release: New Head of Sales, Asset Management Solutions at Moventum
The fund and financial platform Moventum S.C.A. appoints Swen Köster as the new Head of Sales, Asset Management Solutions with effect from 1 July 2023.
General Members News Press Release: New CEO at Moventum
Moventum is pleased to announce that the financial supervisory authority, CSSF in Luxembourg, has just confirmed the appointment of Louis Wright as the new CEO of the Luxembourg-based financial services company.
General Members News Press Release: EPI Company announces acquisitions, additional shareholders and the coming launch of its new instant payment solution
Building a unique, European-grown instant payment solution – The European Payments Initiative (EPI) welcomes four additional shareholders and announces two acquisitions.
General Members News Press Release: BIL records a strong performance in a year of many challenges.
Banque Internationale à Luxembourg (BIL) records a strong performance in a year of many challenges. Thanks to resilient commercial activities, and a favourable interest rate environment, the Bank successfully reported a net income of EUR 153 million.
General Members News TMF Group wins ‘Best ManCo Solution’ in Private Equity Wire European Awards 2023
In the 2023 awards, announced on 8 March, TMF Group was named ‘Best ManCo solution’. TMF Group’s ManCo solution provides a comprehensive package of management services to investment funds, including regulatory compliance, risk management, financial reporting and administration.
General Members News Press Release: Luc Frieden steps down as Chair of the Board of BIL
Following his decision to stand as head of list of his party in the upcoming Luxembourg general elections, Luc Frieden resigned today as Chair of the Board of Directors of Banque Internationale à Luxembourg (BIL).
General Members News Moventum S.C.A. comments on Amcham Membership
“We are pleased to be part of an international group of companies represented in AMCHAM”, says Andreas Pál, Senior Vice President & Head of Sales at Moventum S.C.A.
General Members News ATOZ Alert: Luxembourg Administrative Tribunal rules on the tax treatment of share class redemptions
On 27 January 2023, the Administrative Tribunal (the “Tribunal”) ruled on the Luxembourg tax treatment of the redemption of a class of shares by a Luxembourg Company.
General Members News Press Release: Pinsent Masons hires new Partner
Multinational law firm Pinsent Masons has hired partner Dr. Jan Saalfrank, LL.M. in its Luxembourg office.
General Members News Press Release: EIB issues its first ever digital bond in pound sterling – HSBC Orion
The European Investment Bank (EIB) priced its first ever £50 million digital bond using a combination of private and public blockchains operated and accessed via HSBC Orion.
General Members News Press Release: HSBC is announcing HSBC Orion
News Release November 4 2022 Announcing HSBC Orion A new tokenization platform to support and accelerate the growth of digital assets (London) – HSBC today announced that it will launch HSBC Orion – its new proprietary tokenisation platform that financial institutions and corporates will be able to use to issue digital bonds based on distributed ledger