BOS Wealth Management SA, the Luxembourg-based European wealth management arm of Bank of Singapore, has been handed a 210,000 euro fine by Luxembourg’s financial regulator CSSF for non-compliance with laws designed to fight money laundering and terrorist …

Developments in Luxembourg legislation have enabled the European Investment Bank, the EIB, to issue for the first time a digital bond under Luxembourg law. In a project codenamed Project Venus, the EIB this week raised 100 million euro by issuing a …

Europe’s asset management industry finds itself under a public magnifying glass after a team of international investigative journalists discovered that the most sustainable funds are still investing in polluting companies. Earlier warnings on possible …

Colruyt scion Piet Colruyt (photo) is firmly convinced that impact investing will take off in the coming years. “By 2030, impact investing should reach a 10 per cent market share. It will not remain a niche market,” said Colruyt. Today - 30 November - …

The most predicted recession ever is not coming at all. At least, not in Europe. According to DWS, the record-negative figures do not correspond to the actual state of the economy. “We expect growth, not contraction.” In Germany, the difference between …

EY Luxembourg, one of the Big Four accounting and consulting firms, has moved a step closer to splitting its business into separate entities for audit services and for management consultancy. The firm announced on Tuesday that its 65 partners in the grand …

Infrastructure investing has looked like a very good business in recent years. Initially, interest in infrastructure was due to its role as a long-term, inflation-resistant vehicle for institutional investors. But the crying need for building, repairing …

Public registers in Luxembourg, the Netherlands, Austria as well as other EU countries set up under EU laws to fight money-laundering and tax evasion remain temporarily closed as legal specialists agreed that the ruling effectively shut down a key aspect …

Following in the footsteps of the European Parliament earlier this month, the Council of the EU on Monday finalised the legislative process by adopting the Corporate Sustainability Reporting Directive, known as CSRD. Efama, the trade association for …

Markets for depositary and custodian banking services in Luxembourg are “heavily concentrated”, with the top ten banks holding more than three quarters of all assets, the first ever survey on depositary and custodian services in the grand duchy shows. At …

CSSF hits Bank of Singapore unit with €210,000 AML fine

EIB issues blockchain-backed bond under Luxembourg law

Without clear game rules, fund houses will never get it right

‘Impact investing won’t remain a niche market’

‘There won’t be a recession in Europe,’ says DWS

Project Everest: EY set to split audit from consultancy services

Infrastructure funds adapt to changing circumstances

EU court ruling leaves future of UBO registers undecided

CSRD: Industry left ‘to pick up ESG data pieces,’ says Efama

Depositary, custodian services ‘heavily concentrated’