Luxembourg is anti-money laundering (AML) and counter-terrorism financing (CTF) compliant. Both matters are, indeed, at the top of its agenda. This isn’t a recent commitment, rather, it dates back almost two decades. This article revisits the country’s developments on the matter. Unquestionably, the impact of money laundering (ML) and terrorist …
When talking about women in technology, the iconic English phrase “Mind the Gap” couldn’t describe the current situation better. It’s undeniable that, in the past decades, the world has taken significant strides when it comes to gender equality and women’s rights. According to Eurostat, women make up for 66.5% of …
Navigating the COVID-19 pandemic calls for outlining possible scenarios on how the financial statements of (re)insurance companies will be impacted. Depending on the nature of the business and the types of products in investment portfolios, companies may face increased mortality rates, economic contraction, slowing business activity, falling equity markets and …
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 …
Necessity being the mother of (re)invention, the COVID-19 pandemic is both a start and stop button of lockdowns and the trigger for an (almost) dramatic acceleration of digital transformation. We’ve witnessed major changes in the way we work, particularly with the generalisation, at least momentaneous, of home-based work. However, other …
Presque un an après le début d’une épidémie et d’une crise économique sans précédent, c’est en direction des plus bas revenus que le gouvernement luxembourgeois a décidé d’agir. En effet, avec une revalorisation de 2,8% du salaire social minimum, ce sont plus de 60 000 salariés qui verront leur salaire …
IMPORTANT: The Social Parameters have been updated. Read our PwC Flash to learn about the new applicable social parameters from 1 April 2022. Nearly one year after the beginning of the COVID-19 pandemic –unheard-of by most of us– followed by an economic crisis, the Luxembourg government has decided to focus …
When doing true content marketing a business adopts the freemium business model. Have you realised that? Yes, even in the financial services industry. Read through and discover why. But in this article we want to move beyond content strategy matters like the one just stated, and have a look at …
Christmas is upon us, and we’re all ready for a nice family time, likely more intimate and quiet, in this very particular year. The COVID-19 pandemic turned our lives upside down for almost one year now and it was a wake-up call that will be hard to forget. And many …
