Institutions

Politics & Institutions
Delano sat down with Björn ten Seldam from Arendt & Medernach to discuss the new EU regulation aimed at stopping the devastating effects of deforestation. Adopted on 16 May 2023, it came into force on 29 June 2023 and will apply to stakeholders on 30 December 2024. Photo: Romain Gamba
MARKETS

Few in market looking at critical new environmental rules

In the third part of a series on deforestation, Delano reports on the challenges of getting ready as soon as possible and the importance of complying with a new, little-known but far-reaching EU regulation to avoid adverse organisation and financial consequences.

Sylvain Barrette • 26.09.2023
Luxembourg’s rates of in-work poverty risk, particularly among women, spotlight a growing issue in the EU, where employment is increasingly failing to serve as a safeguard against financial hardship. Photo: Romain Gamba / Maison Moderne
INSTITUTIONS

13.4% of Luxembourg’s female employees at risk of poverty, highest in EU

Kangkan Halder • 26.09.2023
Nancy Thomas, director of IMS Luxembourg, noted two trends in the entries received for the Diversity Awards: practices that have become “mainstream,” a sign of the success of the awareness-raising measures introduced in recent years. Others are more original. IMS stands for “Inspiring More Sustainability.” Photo: Sebastien Goossens (archives)
INSTITUTIONS

Diversity: from ‘mainstream’ to little-known practices

Mathilde Obert • 26.09.2023
The Startup of the Year award went to i-Virtual for its “Caducy” solution. Photo: i-Virtual/Linkedin
TECHNOLOGY

The winners of the first-ever Healthcare Week Luxembourg

Maëlle Hamma • 25.09.2023
“Over half the global population lives in cities, generating 80% of total economic output and accounting for 70% of global CO2 emissions,” the World Bank points out in its press release. Hence, the gap fund, which focuses on cities. Pictured: Porto Alegre (Brazil), one beneficiary of the EIB fund. Photo: Shutterstock
FUNDS

Luxembourg pledges €8m to help cities fight climate change

Jeff Palms • 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
MARKETS

31% of whistleblowing tips to CSSF involve criminal offences

Kangkan Halder • 21.09.2023
The national jobs agency Adem reported that the number of registered jobseekers stood at 16,056, as of 31 August 2023, a slight decrease from 16,111 in July 2023. Archive photo: Guy Wolff / Maison Moderne
INSTITUTIONS

5.3% unemployment rate masks 13.4% yearly surge in jobseekers

Kangkan Halder • 20.09.2023
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
INSTITUTIONS

A new EU law with an extra-territorial reach

Sylvain Barrette • 19.09.2023
According to a study by the Chamber of employees, in Luxembourg net income from work is--thanks to tax policies--lower than net income from capital. Photo: Shutterstock
INSTITUTIONS

In Luxembourg, work is taxed (far) more than capital

Maëlle Hamma • 19.09.2023
The tram will indeed run on two tracks in Howald, but not at first. Photo: Matic Zorman/Maison Moderne/Archives
INSTITUTIONS

Tram situation in Howald resolved

Céline Coubray • 13.09.2023
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
MARKETS

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

Kangkan Halder • 11.09.2023
Photo: Left to right: Francesco Fiaschi, member of Rotary Club Luxembourg Hearts; Tadahiro Matsubara, ambassador of Japan to Luxembourg; Pol Bertems, Arcus coordinator of the project on animal assisted therapy and pedagogy for kids and teenagers; Monika Wardega, president of Rotary Club Luxembourg Hearts; Gerard Albers, director of Arcus; Paulette Lenert, deputy prime minister and minister of health; Yuriko Backes, minister of finance; Corinne Cahen, alderwoman; Emilie Serrurier-Hoel, BIL head of wealth management; Vinciane Grevesse, district governor elect of Rotary District 2160; Rossella Menegazzo, associate professor of the history of East Asian art at the University of Milan. Photo:  Rotary Club Luxembourg Hearts 
INSTITUTIONS

Rotary Club raises €8k for animal-assisted therapy

Delano.lu • 11.09.2023
“In Luxembourg today, 61.7% of forest trees are clearly or severely damaged,” said Hubert de Schorlemer, president of Privatbësch. Photo: Romain Gamba/Maison Moderne
INSTITUTIONS

Faced with an emergency, forest owners come out of the woodwork

Maëlle Hamma • 07.09.2023
In a recent policy paper, the European trade group Efama advocated for governance structures on ESG ratings and data sources to foster transparency and integrity. Photo: Shutterstock
FUNDS

Efama seeks to standardise ESG data and ratings

Kangkan Halder • 06.09.2023
One of the measures in the reform is to limit each payment to a maximum of five meal vouchers. Photo: Guy Wolff/Maison Moderne
INSTITUTIONS

Enthusiasm and criticism for €15 meal vouchers

Catherine Kurzawa • 04.09.2023
The jobs agency Adem no longer needs to carry out a market test to allow companies to hire foreign nationals for occupations in short supply, such as nurses or software developers. Photo: Guy Wolff/Maison Moderne/Archives
INSTITUTIONS

Recruiting foreign workers just got easier

Mathilde Obert • 04.09.2023
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