Although Luxembourg decided not to “gold plate” the EU Cross-Border Distribution Directive for funds, other member states have moved to add their own local requirements
PWC
Fund distribution reform beds in
/en/news/fund-distribution-reform-beds
Working-from-home regulation not adding to regulatory burden
Few doubt the pandemic has changed for good the lives of the near half of the Luxembourg workforce who are able to work from home. The financial services regulator has clarified rules on governance, substance and security requirements for remote working.
/en/news/working-home-regulation-not-adding-regulatory-burden
Luxembourg expands cross-border fund lead
The number of cross-border funds registered globally recorded its slowest growth since 2009 last year. At the same time, however, Luxembourg strengthened its position as leading global fund hub according to the PwC Luxembourg Global Fund Distribution survey.
/en/news/luxembourg-expands-cross-border-fund-lead
Stricter governance rules for Lux banks, investment firms
Substantial governance-reform targets have been set for banks and investment firms by the CSSF. Some quick changes are required, but otherwise the regulator’s circular letter
/en/news/stricter-governance-rules-lux-banks-investment-firms
Banks focus innovation efforts on customer experience
European banks are focusing their innovation efforts on customer experience, a study by PwC Luxembourg has found. Though the study was conducted before the outbreak
/en/news/banks-focus-innovation-efforts-customer-experience
