"Il est temps de multiplier les modèles féminins dans la finance"

Le secteur de l’investissement est souvent présenté de manière négative dans les médias. Nous voulons lui donner un autre visage (féminin), afin d’attirer davantage de femmes», explique Katharina Seiler, gestionnaire du fonds DWS ESG Women for Women. 

Luxembourg to modernise fund laws under Bill 8183

Luxembourg is set to modernise its legislation for investment funds under a proposal that will first be discussed later this week in the grand duchy’s parliament. The bill seeks to improve the various structuring options for investment funds. 

The parliament budget and finance committee on Friday will discuss Bill 8183, which was submitted at the end of March. At the 5 May meeting the committee is due to appoint a rapporteur who will coordinate the legislation.

Luxembourg banks brace for economic downturn

Grand Duchy banks are taking action to prepare for an economic downturn, according to bank sector association ABBL

At its annual general meeting on Thursday, the organisation noted that rising interest rates and geopolitical uncertainty have caused households and companies to become reluctant investors. Banks began setting aside more provisions last year in order to cover increased risk of credit defaults - a move already reflected in 2022 figures with an increase of over 400%. 

Luxembourg to encourage Eltif uptake with tax exemption bill

Luxembourg’s finance minister has tabled a proposal to the grand duchy’s parliament to encourage the uptake of European long-term investment funds known as Eltifs. If adopted, the proposal will exempt Eltifs from requiring to pay the quarterly registration tax levied on Luxembourg investment funds.

L'UE met en garde contre la nécessité de combler le déficit en matière d'assurance climatique

La Banque centrale européenne et le principal organisme d’assurance de l’UE ont averti que les entreprises et les ménages ne sont pas suffisamment assurés contre les catastrophes liées au climat, ce qui accroît le risque d’instabilité financière et de crises économiques.

ECB and Eiopa warn climate insurance gap must be bridged

The European Central Bank and the EU’s top insurance body have warned that businesses and households are not sufficiently insured against climate-related disasters, raising the risk of financial instability and economic crises. A discussion paper issued this week argued that catastrophe bonds should play a bigger role in bridging the overall climate insurance gap, while national and European authorities need to encourage uptake of policies to prevent such crises from occurring. 

Luxembourg’s Euro MTF bourse offers trading in Macao securities

The Luxembourg stock exchange on Tuesday said it will offer trading in Macao-listed securities on its self-regulated Euro MTF market. Close to two billion euro in Macao bonds will be dual-listed on the two exchanges. China, which controls Macao, sees the cooperation as part of its One Belt-One Road initiative.

The bourse said it has signed an agreement with representatives of Macao and China to extend its cooperation to securities listed on the Chongwa (Macao) Financial Asset Exchange Co. Ltd., a market known as MOX.