In the intricate world of governance, where decisions shape the destiny of companies, funds and financial markets, we find a group of unsung heroes known as non-executive directors (NEDs). Think of them as wise overseers with a wealth of experience from various industries who bring a fresh, objective perspective to …
With the pressure on governance and tax substance increasing, it’s time for Luxembourg entities to fully appreciate the importance (and value) of a proper and well-managed corporate secretary to address these very challenges. “Corporate secretary is a commodity” The above sentence has been the motto for the last decade, as …
Corporate Secretary is a role commonly integrated in the Anglo-Saxon corporate culture. In continental Europe, it’s often seen as an administrative support function only. However, societal expectations, regulatory pressure and court decisions are drastically changing the perception of the corporate secretary, which is becoming a key element for organisations’ success. …
Luxembourg’s leading position in the fund industry worldwide demands that the country also be a reference in fund governance. The more oversight is robust and investors are protected, the more its influence in the industry will grow. Governance is more important than ever because the pace of change seen in …
Sunny Monday, 16 March. We won’t forget the first day of total lockdown in Luxembourg. And likely, the first day of compulsory confinement of our lives. There was buzz, to say the least, in the weeks leading up to that Monday. We knew what was coming but it still felt …
Never underestimate the small, neither in life, nor in business. Not even if the size of your opponent isn’t visible to your eyes. The diameter of COVID-19, colloquially called “coronavirus”, is around 120 nanometers (nm). Write down the number “120” on a paper sheet; then, add six zeros before that …
If we had to paint each month with a different colour, March would be purple. Purple embodies spirituality, creativity, dignity and royalty. Internationally, it’s the colour that symbolises women. The choosing of this colour seems to have been inspired by the flag that the Women’s Social and Political Union (WSPU)—a …
Agile has been revolutionising the IT world over the last three decades, accelerating software delivery and maintainability and improving the engineering practice as a whole. Nowadays, its principles and practices have moved across a broad range of industries and functions. It has proved it can enhance businesses’ ability to manage …
Governance, in simple terms, is how a governing entity, regardless of its size, interacts and makes decisions to accomplish a goal. You may find dozens of definitions of it, more or less sophisticated, but they all come down to the same idea. Corporate governance is gaining traction in financial services, …
