AML in Luxembourg: progress, challenges, and the path forward 

In April 2024, PwC published its first-ever survey on anti-money laundering (AML) in the Europe, Middle East, and Africa (EMEA) region, led by our anti-financial crime team. The ‘EMEA AML Survey 2024’ gathered responses from hundreds of financial institutions across 40 countries and provided an unprecedented look at how AML …

Scoring in corporate banking: Luxembourg’s winning strategy

Much like a top contending team in the European Championship, Luxembourg’s corporate banking sector excels by consistently strategising and optimising its operations. But to understand its prominence, we need to look back at its history.  Its rise began in the late 1960s when German banks entered the pan-European markets, capitalising …

Three questions when unlocking banking data for intelligent use

In the past few years, most banks have come to understand that if data is the new oil for companies, then it just might be the new gold for them. Following this, most banks also realise that it will take Artificial Intelligence (AI) to unlock that data gold. Sounds pretty …

Why are Luxembourg CEOs embracing the future with optimism?

Which comes first, the chicken or the egg? When you survey more than 5,000 of the most influential people in business and they demonstrate “record levels of optimism” in a post-pandemic world, will they be hailed with amazing predictive powers if their vision is correct, or is it the confluence …

CEOs are cheerful about 2018’s business environment. What’s next?

CEOs around the world are surprisingly optimistic about the economic and business environment in the next 12 months, according to our 21st CEO Survey. Where does this positivism, balanced across regions, come from? Despite the geopolitical uncertainty, corporate misbehaviour, and the job-killing potential of artificial intelligence, 2018 may turn out …

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