Raymond Frenken

Raymond Frenken

advisor sustainable finance at Luxembourg’s banking association ABBL
May 16, 2023

‘Reputation risks may lead to fewer ESG products’

Fears in the financial sector that the reputation of institutions - banks as well as fund managers -…
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Chris Hayward, Chair of the Policy Commitee of the City of London Corporation. Photo: City of London Corporation.
News
May 16, 2023

City of London aims for fresh ties with Luxembourg 

The top representative of the City of London Corporation on Tuesday began a two-day visit to…
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Green EU flags at the European Commission's Berlaymont building in Brussels. Photo: EC.
Asset Managers
May 16, 2023

SFDR clarity welcomed but greenwashing fears linger

Some long awaited regulatory clarity on ESG and sustainability requirements for fund and asset…
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Artificial intelligence
Sector
May 11, 2023

Luxembourg banks seek legal clarity on use of generative AI

Luxembourg’s banking sector is asking data protection and financial services authorities to provide…
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Holger Barth, board member at European Depositary Bank, EDB. Photo: Apex Group.
Asset Servicing
May 10, 2023

EDB bolsters governance with new global role

European Depositary Bank, a Luxembourg-headquartered provider of banking, depositary and custody…
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Honey bees on a rose. Photo by Vicky DeLoach via Flickr CC-BY-2.0.
Sector
May 7, 2023

‘Biodiversity credits needed to bridge $824 bln gap’

Current efforts to address global biodiversity loss are inadequate and face a financing gap of…
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CEO DeGroof Petercam: ‘Importance of my role is overestimated’
Asset Managers
May 6, 2023

Degroof Petercam operating result declines 16%

Referring to a “challenging year”, Belgian investment house Degroof Petercam on Saturday said that…
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Degroof Petercam's offices in Luxembourg. Photo: Degroof Petercam.
Asset Managers
May 3, 2023

Owners of Degroof Petercam want to sell their shares

Belgium’s largest independent private bank, Degroof Petercam, is considering a major reshuffle of…
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Investment. Image via Investmentofficer.nl.
Wealth Managers
April 28, 2023

At least 20 new Luxembourg Eltif funds expected this year

Lawyers in Luxembourg expect that at least 20 new European long-term investment funds, known as…
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Eltifs in Luxembourg. Photo: IO.
News
April 27, 2023

Luxembourg to encourage Eltif uptake with tax exemption

Luxembourg’s finance minister has tabled a proposal to the grand duchy’s parliament to encourage the…
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Bailey bridges were installed in Germany's Ahr region following the 2021 floods that cost Germany more than 40 billion euro. Photo: Les Impitoyables CC-BY-2.0.
News
April 25, 2023

EU warns climate insurance gap must be bridged

The European Central Bank and the EU’s top insurance body have warned that businesses and households…
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The signing ceremony between LuxSE and MOX. Photo: LuxSE.
News
April 25, 2023

Luxembourg stock exchange expands cooperation with Macao

The Luxembourg stock exchange has announced a new move to expand its cooperation with Macao, one of…
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An AC Milan flag at the club's San Siro stadium. Photo: AC Milan.
News
April 24, 2023

Luxembourg raid probes AC Milan fraud claim

In a dawn raid on Friday, Luxembourg judicial authorities searched for documents of two holding…
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MJ Hudson listed on London's AIM market in December 2019. At that time it was valued at about 100 million pounds. Photo: LSE.
Asset Servicing
April 17, 2023

Apex snaps up troubled MJ Hudson in £40 mln firesale

Bermuda-headquartered financial services firm Apex Group, one of the largest management companies in…
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