Markets

Delano’s Autumn 2023 magazine, available on newsstands across Luxembourg starting on Friday 22 September. Photo: Maison Moderne

Delano’s 100 finance movers & shakers 2023 hitting newsstands

Delano profiles 100 top personalities in the grand duchy’s financial sector in its Autumn 2023 issue.

Delano.lu • 21.09.2023

The 2022 annual report from Luxembourg’s financial regulator CSSF disclosed that a total of 380 whistleblowing reports had been received since September 2014. Archive photo: Romain Gamba / Maison Moderne

31% of whistleblowing tips to CSSF involve criminal offences

Kangkan Halder • 21.09.2023

“Companies still have a lot to do in terms of acknowledgment of their negative contributions and accountability towards stakeholders,” concluded an Impak Analytics report on the role of Stoxx 600 companies in the United Nations’ sustainable development goals. Photo: Shutterstock

Only 89 of Stoxx 600 companies positively contribute to SDGs: Impak

Kangkan Halder • 21.09.2023

The new EU regulation aiming to stop the devastating effects of deforestation was adopted on 16 May 2023, came into force on 29 June 2023 and will apply to stakeholders on 30 December 2024. Photo: Shutterstock

A new EU law with an extra-territorial reach

Sylvain Barrette • 19.09.2023

Marco Zwick, the CSSF director in charge of undertakings for collective investment (UCIs) and specialised professionals of the financial sector (PFS), was first named director at the financial regulator Commission de Surveillance du Secteur Financier in September 2018. Pictured is Zwick speaking at a conference in 2018. Archive photo: Marion Dessard

Marco Zwick’s mandate as CSSF director renewed

Lydia Linna • 18.09.2023

Matthias Baccino, Trade Republic market lead. Photo: Trade Republic

Trade Republic offers 4% rate for cash savings

Delano.lu • 18.09.2023

In line with its strategy, Luxempart has continued to deploy its capital directly in growth companies such as Kestrel Vision and Coutot Roehrig, and via friendly investment funds and partners. Photo: Matic Zorman / Maison Moderne / Archives

Luxempart: consolidated shareholders’ equity up to €2.233bn in H1

Thierry Labro • 15.09.2023

From left to right: Vincenzo Giunta, president of the Luxembourg Financial Markets Association (LFMA), Kim Winding Larsen, president of ACI FMA Financial Markets Association, and Fabio Morvilli, chairman at Camera di Commercio Italo-Lussemburghese (Italian Chamber of Commerce in Luxembourg) at the LFMA’s Food & Forex dinner on 11 September 2023. Photo: Sabino Parente

LFMA forum: new strategies, streamlining workflows and geopolitics

Delano.lu • 14.09.2023

The new EU regulation aiming to stop the devastating effects of deforestation was adopted on 16 May 2023, came into force on 29 June 2023 and will apply to stakeholders on 30 December 2024. Photo: Shutterstock

Why was regulation on deforestation so urgent?

Sylvain Barrette • 12.09.2023

16% of firms providing direct cross-border investment services to retail investors in the EU/EEA last year were based in Luxembourg, ranking it second after Cyprus at 23%, according to a recent analysis by the European regulator Esma. Photo: Esma

62 Luxembourg firms active in cross-border retail investments: Esma

Kangkan Halder • 11.09.2023

“It’s very important to understand also the younger generation,” said Vincenzo Giunta, president of the Luxembourg Financial Markets Association. Photo: Provided by Luxembourg Financial Markets Association

LFMA’s Vincenzo Giunta: “We have to understand how to adapt”

Lydia Linna • 11.09.2023

“Despite challenging market conditions, we undertook this transaction with speed and certainty,” says Ella (Raychman) Zuker, CFO of Vivion Investments. Archive photo: Matic Zorman/Maison Moderne

Vivion Investments finalises €1.54bn refinancing deal

Kangkan Halder • 09.09.2023

“Luxembourg was the first European country as well as the first AAA-rated country in the world to issue a sustainable sovereign bond,” affirms Yuriko Backes (DP), minister of finance, during the presentation of the final report of Luxembourg’s first sustainable sovereign bond issued in 2020. Archive photo: Marie Russillo / Maison Moderne

Luxembourg issues final report on its inaugural €1.5bn sustainable bond

Kangkan Halder • 08.09.2023

Side pockets are created to hold an investment fund’s most illiquid, difficult to value and/or riskiest assets separately. Photo: Shutterstock

Jargon buster: side pockets

Aaron Grunwald • 08.09.2023

I(x) Net Zero, which invests in wind and other sustainable power production, has received a $7.5m loan facility from European Depositary Bank, part of Apex Group. Photo: Nicholas Doherty/Unsplash

European Depositary Bank extends $7.5m credit line to I(x) Net Zero

Aaron Grunwald • 01.09.2023

LaLux Vie director Claudia Halmes-Coumont says one of the first things you should do when relocating to Luxembourg is ask your new employer if they offer a pension plan. Photo: LaLux Vie

How to plan for retirement in Luxembourg

Yusuf Yassin • 01.09.2023