News
14/05/2010 
LUMINIS – an investor information service for microfinance
The Luxembourg Government has launched a joint venture with MicroRate, the US based microfinance rating agency, and LuxFLAG, the Luxembourg based fund labeling agency, to produce a new service for read more
12/05/2010 
Taxation of Islamic finance products: Luxembourg Tax Director answers some FAQs
In January 2010, the Tax Director published a Circular the object of which was to clarify the tax treatment of certain shariah compliant structures. The Circular was well received by the market. read more
12/05/2010 
Luxembourg joins the IFSB Summit in Bahrain
For the first time Luxembourg has taken part in the annual IFSB summit as a member and sponsor of the event. The programme included a Public Hearing of the IFSB Exposure Draft on setting a standard read more
04/05/2010 
L’économie va redémarrer en 2012
La zone euro est sortie de la récession, mais doit toujours faire face à des obstacles importants. Il faudra assister au second semestre 2012 avant d’assister à une reprise. Tels sont les propos de read more
03/05/2010 
A new team leading the ABBL
At the Ordinary General Meeting, held on 30 April 2010, ABBL member representatives elected Mr. Ernst Wilhelm Contzen, CEO of Deutsche Bank Luxembourg S.A ., as new Chairman of the Luxembourg read more
26/04/2010 
Excellent financial literacy needed to meet demanding customers
The Luxembourg financial centre needs to prepare for some major changes that are in sight. In the area of asset management, the trend is towards a more affluent and demanding clientele. There is a read more
23/04/2010 
Opportunities in Luxembourg for Islamic finance
Luxembourg is recognised as one of the leading European centres for Islamic finance with a long track record in the sector. It hosted the first Islamic finance institution more than 30 years ago and read more
21/04/2010 
La réputation du Luxembourg facilite la distribution internationale
Fonds d’investissement en obligations du Moyen Orient coté au Luxembourg La FFA Private Bank du Liban vient de lancer un des premiers fonds d’investissement en obligations internationales à être read more
14/04/2010 
Rapprochement avec la place financière de Moscou
Luxembourg for Finance et Mosfinagency signent à Moscou un accord pour contribuer au développement futur des deux centres financiers. Les points clés de cet accord incluent l’échange d’informations read more
06/04/2010 
Keeping its eyes on the ball: microfinance tackles issues rising from its success
Luxembourg has established its voice in the microfinance industry: in the words of Tom Seale, Vice-Chairman of ALFI, the Grand Duchy helps to “put the finance into microfinance”. This puts Luxembourg read more
26/03/2010 
Managing talent in turbulent times
Following the financial crisis many companies set a priority on training and developing their staff rather than recruiting young graduates. A study recently conducted by Deloitte Luxembourg concludes read more
19/03/2010 
Armour plated protection for life assurance holders
It is near impossible to make predictions about the property & casualty (non-life) insurance sector: the beginning of the year was excellent until storms ravaged Western Europe. As for Luxembourg’s read more
19/03/2010 
Allen & Overy named best law firm by IFLR
For the second year running, Allen & Overy has been awarded the title of Best Luxembourg Law Firm by the International Financial Law Review (IFLR). The firm received this award both in 2007 and 2009. read more
18/03/2010 
20 double tax treaties adopted by parliament
With 55 votes for, four against and one abstention, members of the Luxembourg Parliament gave the go head to the application of a score of new tax treaties that have the dual objective of eliminating read more
15/03/2010 
La Banque de Luxembourg remporte le Super Award
Les quotidiens financiers belges l’Echo et De Tijd ont primé les meilleures gestionnaires de fonds. C’est pour la deuxième année consécutive que la Banque de Luxembourg remporte le « Super Award ». read more
12/03/2010 
Mikrofinanz weiterbringen
Der Luxembourg Microfinance and Development Fund (LMDF), ein neuer Mikrofinanzfonds, ist von einem breiten Bündnis zwischen öffentlicher Hand und Privatwirtschaft gestartet worden. Der Fonds wird von read more
05/03/2010 
Les jugements dans l’affaire Madoff mettent les actionnaires sur un pied d’égalité
Les investisseurs du fond d’investissement Luxalpha, qui avait investi 95% de ses actifs auprès du financier américain Madoff, ne peuvent pas agir directement en justice. Suivant la décision du read more
02/03/2010 The financial sector’s codes of ethics at a glance
Beyond the legal and regulatory provisions financial players have to comply with, most professionals of the Luxembourg financial sector have adopted ethical codes or codes of conduct that define best read more
01/03/2010 
The tide turns for investment funds
2009 was a good year for investment funds: assets under management increased by18% after a very difficult year in 2008, reports ALFI. Key objectives for the year ahead are to be more attentive to read more
25/02/2010 
Learning from the experts
Luxembourg should play to its strengths in Islamic finance: this was the advice from a high-ranking delegation from the Malaysian financial centre. Over 200 people accepted LFF’s invitation to attend read more