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 …

Nearly half of all complaints received by Luxembourg’s financial supervisor CSSF came from Germany and the United Kingdom, with the Grand Duchy itself coming into third place. Luxembourg’s financial regulator received complaints from 58 countries in 2021, …

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 …

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 …

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 …

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, …

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 …

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 …

Degroof Petercam on Wednesday said it has strengthened its partnership with Swiss-based impact investor Quadia by participating in a capital increase. Financial details were not disclosed. Following the capital increase, Basel-based Hanaku AG becomes a …

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

Nearly half of all complaints to CSSF come from Germany, UK

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

Aude de Roquancourt joins EY as partner

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

Top 5: Eurozone value little to cheer about

Investment fund sales turn negative in second quarter

Apex buys Canada’s Prometa Fund Support Services

Canada’s top pension fund buys into Universal Investment

Degroof Petercam participates in capital increase at Quadia