Clik here to view.
New rules on Payment Services for the benefit of consumers and retailers
In order to adapt EU payments market to the opportunities of the single market and to support the growth of the EU economy, the European Commission adopted today a package including: A new payment...
View ArticlePayment Services Directive - Innovation and security should go hand in hand
The European Banking Federation (EBF) notes with interest the long-awaited revision of the EU Payment Services Directive (PSD), disclosed today in a European Commission Proposal.“The new proposal...
View ArticleA cap on MIFs is likely to impact negatively card payment services
The EU-level plans to regulate Multi-lateral Interchange Fees (MIFs) for card payments have been revealed on 24 July 2013 by the European Commission.MIFs are inter-bank fees typically negotiated...
View ArticleClik here to view.
ABBL and ALFI Guidelines and Recommendations for Depositaries
Because of the comprehensiveness of the AIFMD rules and the need to provide further clarifications on certain key aspects, the Depositary Bank Forum (DBF), the joint platform created by the ABBL and...
View ArticleClik here to view.
La fondation patrimoniale: nouvelle opportunité pour les activités de banque...
Le projet de loi relative à la fondation patrimoniale a été déposé ce 22 juillet 2013.Cette initiative aidera sans aucun doute à développer encore davantage les activités de «private banking» à...
View Articleluxict.lu: une nouvelle task force pour le développement du secteur ICT
Pilier de croissance indéniable pour l'économie luxembourgeoise, le secteur des technologies de l'information et de la communication (TICs) a le vent en poupe!En effet, le 23 juillet 2013, le Ministre...
View ArticlePrécisions à propos du projet d’évaluation du Luxembourg à l’OCDE
Le rapport du Forum mondial sur la transparence et l'échange de renseignements, publié par l’OCDE, porte sur l’échange d’information sur demande durant la période du 1er janvier 2009 au 31 décembre...
View ArticleMinister Luc Frieden on RMB Business in Luxembourg
Why does Luxembourg want to become the RMB Center for the Euro Zone?Luc Frieden: The diversification and internationalisation of our financial sector is one of my main objectives. In order to do so we...
View ArticleING Luxembourg: Results for the first 6 months of the year
Member: ING Luxembourg S.A.ING Luxembourg has reached its target for the first 6 months of the year with a net result of 63.1 million EUR, slightly higher than the one for the same period in 2012,...
View ArticleWarning regarding the activities of an entity named Adolphe Financial Management
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named Adolphe Financial Management which claims to be located in Luxembourg (website:...
View ArticleMoody's assigns (P)A1/(P)P-1 long-/short-term ratings for ICBC's Certificate...
Member: Industrial and Commercial Bank of China (Europe) S.A.Moody's Investors Service has assigned a (P)A1 long-term rating and a (P)P-1 short-term rating to the EUR8 billion Certificate of Deposit...
View ArticleClik here to view.
FATCA: Registration portal open & User guide issued
On 19 August 2013, the U.S. Internal Revenue Service (IRS) unveiled its FATCA Registration Portal, an internet-based application that Financial Institutions (FIs) may use to register for FATCA...
View ArticleIRS releases draft FATCA reporting form
The U.S. Internal Revenue Service released a draft (dated 13 August 2013) of a FATCA reporting form - known as Form 8966 - proposed for use by financial institutions to report U.S. Accounts identified...
View ArticleNom de domaine : une (r)évolution de premier niveau
Conférence à la Chambre de Commerce le 23 octobre 2013 à partir de 16h30Qui ne connaît pas les .com, .net, .org ; ces extensions de noms de domaine de premier niveau, new generic top level domains (new...
View ArticleClik here to view.
BCEE: Résultats semestriels au 30 juin 2013
La conjoncture européenne est restée peu porteuse au premier semestre 2013. Devant les difficultés persistantes de la zone euro, la Banque Centrale européenne a décidé d’abaisser son principal taux...
View ArticleClassement confirmé de la BCEE parmi les 10 banques les plus sûres au monde
Member: Banque et Caisse d'Epargne de l'Etat, LuxembourgLe magazine financier «Global Finance» vient de publier le TOP 50 des banques les plus solides, sélectionnées parmi les 500 banques les plus...
View ArticleKBL epb announces strong half-yearly financial results
Member: KBL European Private Bankers S.A.KBL European Private Bankers (KBL epb) announced today its positive financial results for the six months ending June 30, 2013, demonstrating the group’s overall...
View ArticleClik here to view.
Report to G20 Leaders on monitoring implementation of Basel III regulatory...
Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing...
View ArticleClik here to view.
A regulatory rush until year-end
After a hot summer, weather-wise, it is likely that the last straight line to the end of the year will be hot as well, probably not in terms of temperatures, but from a regulatory perspective. Besides...
View Articleregulapedia.lu: the Luxembourg fund regulation library
On 2 September 2013, KPMG Luxembourg launches a new online tool for investment management professionals. regulapedia is a web-based library that pulls together Luxembourg fund regulations.Vincent...
View Article