Moventum has announced the appointment of Louis Wright as the new CEO of the Luxembourg-based financial services company, following confirmation by the CSSF. With his extensive background in the industry, Wright is set to spearhead Moventum's provision of …

Luxembourg is taking measures to become more competitive in the international funds market. Finance Minister Yuriko Backes has revealed plans to amend the "subscription" tax imposed on funds such as European Long Term Investment FUnds, known as ELTIFs, a …

Last week, EU governing bodies heralded an agreement updating the bloc’s financial market trading rules. The deal is said to increase EU capital markets’ global competitiveness as well as give access to the market data needed to make investing in …

Pierre Gramegna, former Luxembourg finance minister and managing director of the European Stability Mechanism, on Tuesday called for bolder steps towards creating better integrated financial markets in Europe. Reviving the EU’s ambition for creating a …

The European Central Bank (ECB) may not openly acknowledge it, but behind the scenes, goodwill is slipping away. Goodwill represents the intangible, invisible value of a company. When applied to a central bank, it refers to the willingness to make …

ShareAction, a UK-based international charity advocating for responsible investment, on Monday launched a new definition of "responsible investment" with the aim of raising standards across the financial sector while combating greenwashing and misleading …

Global managed assets decreased by four percent to $255 trillion in 2022, marking the first decline in fifteen years, according to the new Global Wealth report by Boston Consulting Group (BCG). However, global savings increased by over 6 percent during …

Luxembourg’s financial sector has faced a wave of tax avoidance legislation in recent years. But the impact of the earlier measures is likely to pale in comparison to the EU’s latest – the third Anti-Tax Avoidance Directive, known as the “Unshell …

The association representing Luxembourg’s banking industry has claimed success in its lobbying effort to persuade the EU to amend the rules governing the prudential requirements and the supervision of third-country branches to its satisfaction. The …

Private investors do not know what rising interest rates do to their investments. Despite this, they said they achieved soled returns even when blood ran through the streets. The Dunning-Kruger effect, a psychological phenomenon in which people who are …

Louis Wright appointed CEO at Moventum, replacing Sabine Said

Luxembourg plans to cut subscription tax on ELTIF funds

Nobody’s happy about the EU agreement on MiFID review

Gramegna calls for single rulebook in EU financial markets

ECB shows no signs of considering a interest rate pause

ShareAction challenges complacency on ESG investments

Global managed assets witness first decline in 15 years

Tax experts anxiously await clarity on ATAD-3 text

ABBL claims success in lobbying effort on third-country branches

Small investors don’t understand interest rates, but returns are ‘excellent’