General Members News PRESS RELEASE This certification distinguishes the best organizations that consistently seek to improve their employee experience and recognizes DSM’s commitment to building and maintaining a high-trust culture. “We are delighted to share that DSM Avocats à la Cour is once again a certified Great Place To Work, this time for 2021/2022. We see this as
PRESS RELEASE Luxembourg, 25 November 2021 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 – a single framework for a sustainable banking industry
General Members News Updated CSSF FAQs on UCI Law and MMF Regulation: Change of regulatory practice concerning the holding of ancillary liquid assets by UCITS On 3 November 2021, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembourg law of 17 December 2010
Luxembourg Business Register: Upcoming requirements for individuals – get ready! 4 November 2021 | By Xavier Guzman, Ambroise Foerster and Gertjan Dewilde According to a notice issued by the Luxembourg Business Register (LBR), with effect as of the end of March 2022 (exact date to be confirmed), individuals and entities registered with the
PRESS RELEASE Luxembourg, 4 November 2021 Seated, from left to right : Tom Lessel, Head of Corporate Banking, BIL, and Stéphanie Damgé, director of Jonk Entrepreneuren Luxembourg asbl Standing, from left to right : Philippe Weisen, Corporate Relationship Manager, BIL and Alessandra Simonelli, Head of Sustainable Development (BIL) Banque Internationale
General Members News 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.
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
General Members News 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
General Members News 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
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
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
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