Luxembourg’s financial regulator CSSF imposed a total of 4.3 million euro in fines on financial services companies in the Grand Duchy last year, less than the 6 million euro in fines issued in 2020. Most fines were imposed under laws preventing …

The number of complaints received about financial services in Luxembourg last year rose by 25 percent, with clients in Germany and the U.K. accounting for almost half of them, according to the latest CSSF annual report. Luxembourg’s financial regulator …

In retrospect, we can say that central banks used the annual Jackson Hole symposium to revive their credibility as inflation fighters. This also applies to the ECB. After yet another higher-than-expected inflation rate - we are now at 9.1 percent - and …

Eurozone value stocks are performing this year in a way not seen since 2016. Over the first eight months of the year, they actually achieved better returns than the broad market. Yet investors in funds that invest in such equities will have few reasons to …

Aude de Roquancourt has joined EY Luxembourg as a new partner in the accounting compliance and reporting department, the firm said on Thursday. De Roquancourt previously served as head of fund reporting at EQT Luxembourg and as head of accounting at …

The European Central Bank announced its biggest ever interest rate hike on Thursday. Its three key interest rates will be raised by 75 basis points in an attempt to control rapidly rising inflation in the eurozone. “The ECB has put its credibility on the …

Canada’s main pension fund, CPP Investments, has agreed to become a major shareholder in Universal Investment, a leading third-party Super ManCo active in Luxembourg, by acquiring a significant stake in the firm from private equity and venture capital …

Apex Group, a fund services provider with substantial operations in Luxembourg, on Thursday said it has acquired Prometa Fund Support Services Inc., a Canada-based provider of fund services. Financial details were not disclosed. Prometa delivers fund …

Rising inflation, the tightening of monetary policy, Russia’s invasion of Ukraine, and the resulting risks to economic growth have caused sales of investments funds defined as Undertakings for Collective Investments for Transferable Securities, or Ucits, …

The era of negative interest rates on government bonds is over, but the moment when government bonds will again generate both portfolio protection and returns is still far away. Especially in Europe, the situation is tough. The ECB has its hands tied. The …

CSSF imposed €4.3 mln in fines, biggest for BLI's parent

Nearly half of complaints to CSSF come from Germany, UK

Chart of the week: A few rate hikes, but then what?

Top 5: Eurozone value little to cheer about

Aude de Roquancourt joins EY as partner

‘ECB puts its credibility on the line’ with record rate hike

Canada’s top pension fund takes Uni Investment stake

Apex buys Canada’s Prometa Fund Support Services

Investment fund sales turn negative in second quarter

‘Make no mistake: the next six months won’t be pretty’