As stakeholders ask for meaningful insights in their audit report, smart machines give us the potential to redefine the audit profession. Technology will not only change how we perform audits but also how we allocate human resources. The question is: can we automate everything and remove the human touch? Audit …
The world becomes more connected. The digital economy comes of age through mobile technology, cloud computing, business intelligence and real time reporting. So, we see an increasing number of tax authorities and businesses around the world adopting or reforming their VAT compliance systems thanks to technological developments. We examined how …
People aged 55 and above (older workers) are not too old to work. As their number increases so do the long-term GDP growth prospects related to their employment. Older workers, as they’re called, could generate around EUR 1.8 trillion GDP gains in OECD countries.
Raising capital can be the toughest part of any start-up. The competition for funds is fierce. So, leave nothing to chance. Here are a few tips to secure investors and succeed in your fundraising.
No sector or business is in any way immune from the impact of Artificial Intelligence. Global GDP will actually be 14% higher in 2030 as a result of it. This makes it the biggest commercial opportunity in today’s fast changing economy. We examined the real value of AI for your …
Technology transforms the world and the financial sector. Digitalisation takes competition and innovation capacities to new levels. For those of you still hesitating on embracing the digital wave, here are five reasons to make the leap:
As businesses transform their models to accommodate new technologies and deal with megatrends, we see Millennials replace Baby Boomers. The demographic change in workforce brings some challenges of its own. So, the question is: are Luxembourg firms ready to handle them?
Luxembourg has just signed the OECD-sponsored Multilateral Convention to implement tax treaty related measures to prevent BEPS. Therefore, the Grand-Duchy becomes one of the 68 countries in the first group of signatories to take this key step towards implementing the OECD/G20 BEPS Project. Once Luxembourg and its co-signatories go on …
Confident in their growth prospects, Luxembourg CEOs are not complacent. They understand the need to transform their business to accommodate technology advances and the shift in global economic power. They also worry about getting the right skills and people profiles. Some of them have mixed feelings about Brexit. We’ve taken …
Cloud-based services, stronger governance and data protection are just some of the new provisions meant to simplify IT outsourcing for regulated entities. The Commission de Surveillance du Secteur Financier (CSSF) Circulars published in May could change the design of financial institutions’ operational processes in Luxembourg. More support for cloud-based services …
