In the early hours of 26 September, a series of blasts on two subsea pipelines connecting Russia to Germany led to four gas leaks at four locations in the Baltic Sea —two in Denmark’s exclusive economic zone and two in Sweden’s exclusive economic zone. The leaks on the Nord Stream …
“Good things come to those who wait,” said the American lawyer and statesman Abraham Lincoln —who, we suspect—doesn’t need much of an introduction. For fund managers, it seems the time has come to open alternative funds to retailisation —and what an exciting opportunity it is. In this blog, we walk …
The European payments landscape is experiencing a watershed moment, marked by increased demand for instant payments and a shift toward electronic payments and mobile wallets. With a focus on cross-border payments, but not only, we will look at how the payment revolution is challenging the role of banks as well …
We know —and understand—that you are probably tired of any mention of the COVID-19 crisis, but frankly, it’s unavoidable. Even as its presence fades from our daily lives, the lessons learned during the pandemic, particularly during the lockdown, have definitively led to a new way of thinking, a new business …
Let’s be honest, “Are you ‘Fit and Proper’?” isn’t usually the first question one asks when starting a conversation. There are plenty of other options —and probably more enticing ones— for small talk. Of course, this also depends a little bit on where you live. Here in Luxembourg, chatting about …
Once upon a time, there was a cicada that spent the summer singing and dancing, while the ant worked hard to store up food for winter. When winter finally arrived, the cicada found itself hungry and begged the ant for food. However, the ant reproached its idleness and asked, “Why …
Alice is the CEO of a well-established telecommunications company. Last year, the board of directors decided unanimously that it was time to join the wave of companies making strong statements about their commitment to achieve net zero by 2030. The truth is that making such statements can be daunting. While …
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 …
Banks are increasingly reporting on their future contribution towards sustainability. The most common public commitment is their ambition to redirect capital flows towards sustainable investments as part of the lending business. This is where the green asset ratio comes into place as it shows how green banks’ portfolios are. But …
Employee benefits, pay and incentive design have been in place in companies for decades. But, at the same time, people’s preferences and needs have been changing a lot, particularly as a consequence of the COVID-19 pandemic and the recent calls for more flexibility. So it follows that employers must adapt. In …
