Grand Duchy banks are taking action to prepare for an economic downturn, according to bank sector association ABBL. At its annual general meeting on Thursday, the organisation noted that rising interest rates and geopolitical uncertainty have caused …

Luxembourg’s finance minister has tabled a proposal to the grand duchy’s parliament to encourage the uptake of European long-term investment funds known as Eltifs. If adopted, the proposal will exempt Eltifs from requiring to pay the quarterly …

Lawyers in Luxembourg expect that at least 20 new European long-term investment funds, known as Eltifs, will be registered in the grand duchy this year, even before the more liberal regulatory regime for these funds enters into force in 2024, researchers …

The European Union is taking a major step forward with its Green Deal initiative, and investors are now being encouraged to invest green faster. The Sustainable Finance Disclosure Regulation (SFDR) has been designed to play an important role in this …

Ada Schmitt and Oliver Zwick have been named partners at law firm Clifford Chance in Luxembourg. Their promotions are part of a global cohort of 32 lawyers. Schmitt (photo) is a member of the Luxembourg Litigation and Dispute Resolution practice. She …

Pictet Group has announced the appointment of Raymond Sagayam as the 47th Managing Partner in the 218-year history of the firm, effective 1 January 2024. Sagayam joined Pictet Asset Management in 2010 as head of total return fixed income to build and …

Deutsche Börse AG on Thursday made an offer of 3.9 billion euro in cash for Danish investment software provider SimCorp A/S. The offer is endorsed by SimCorp's board. The German stock exchange said it plans to integrate SimCorp into its existing data and …

Reactions to last week’s European Parliament vote on the Markets in Crypto-Assets regulation, known most commonly as MiCA, has been generally positive. Where does Luxembourg, with its early bet on crypto, now stand? We’ve spoken with several crypto …

It is striking how bad economists are at predicting a recession. They have shouted so many times now that a recession is coming, that they have just dug in and knowingly stuck to this tunnel vision. At the end of last year, as many as 85 per cent of …

Division of labour creates economies of scale and thus efficiency gains - this truth has been at the heart of economics since the days of Adam Smith and David Ricardo. Only in recent years has it gained momentum in the world of real estate funds. While …

Luxembourg banks brace for economic downturn

Luxembourg to encourage Eltif uptake with tax exemption bill

At least 20 new Luxembourg Eltif funds expected this year

Green Deal: SFDR struggles to encourage sustainable investing

Ada Schmitt, Oliver Zwick named partners at Clifford Chance

Raymond Sagayam appointed as managing partner at Pictet

Deutsche Börse offers €3.9 bln for software firm SimCorp

Luxembourg aspires leadership in Europe’s crypto markets

The recession that just won't come

Division of labour: an underrated gamechanger for ManCos