How to apply the EU taxonomy system in practice

In this article, we dive into the EU Taxonomy for sustainable finance based on the 2021 report by the UNEP FI (United Nations Environment Programme Finance Initiative), and the European Banking Federation (EBF). We are especially focusing on the Taxonomy in banking. Given that most companies are at different stages …

Six food-for-discussion ideas from the Cybersecurity and Privacy Days 2021

If you stumbled upon this article and you’ve started reading it, it’s because, somehow, cybersecurity concerns you.  See, you’re doing the right thing. Areas of armed conflict that are happening now may be geographically far from you, but cyber warfare is happening all around us, every single day. And you’re …

The biggest challenges when Luxembourg organisations deploy AI

Isn’t it a paradox to talk about implementing artificial intelligence technology (AI) with success by enhancing human-led factors? Yes, it may be it in a way.  Behind all this, the fear of “being replaced by robots” is like a little thorn in many people’s minds, but we don’t need to …

Why are Luxembourg housing prices still on the rise? (Part I)

We can make an analogy between the bottleneck in supply that creates economic growth constraints and puts pressure on prices, and the real estate sector in Luxembourg, where prices keep rising. Both are clear illustrations of how tensions between supply and demand impact prices, especially when supply is inelastic.  Globally, …

The bet on Customer Transformation to build enduring relationships

Maria, who lives in Luxembourg, was dreaming about going to Porto in May 2020, taking advantage of the abundant number of bank holidays during this month. She even booked her plane tickets and accomodation quite in advance, cleverly anticipating that prices would go high during this period. In March, she …

The back office evolution in the Alternatives industry

Back office work isn’t appealing, so they say. It doesn’t have the excitement of client facing roles, nor the dynamism of marketing or product development. When it runs seamlessly, however, the business is on the right track to success.  Back office is a business cornerstone. It helps to boost productivity …

The fundamentals of defining a data strategy for your business

Abraham Lincoln was quoted as saying “Give me six hours to chop down a tree and I will spend the first four sharpening the ax.”  “You want to bear that quote (and process) in mind when defining your data strategy.” That’s how Bernard and Philippe summarised the matter when we …

How COVID-19 is making the Luxembourg banking sector value the new scenery

How much do we dislike starting another blog with the word COVID in a prominent position? We don’t want our readers’ eyes to glaze over, or for the headline to mistakenly suggest negativity. Because we find this week’s topic – appreciating what is new and innovative in Luxembourg’s banking sector …

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