Related posts
Browse AllLuxembourg’s Financial Services Industry: A Strong Defense Against EU Regulatory Expansion
Luxembourg, along with smaller EU states like Ireland, Belgium, and Malta, has successfully defended its financial services sector—particularly the investment fund industry—against increased EU oversight and proposed reforms under the Capital Markets Union. The country opposes measures like a single market passport for depositary services, arguing that centralized regulation could…
UCIS KEY MILESTONE OF 6.1 TRILLION EUR
Luxembourg’s investment fund industry surpassed €6.1 trillion in UCI assets by the end of October 2025, marking strong monthly and annual growth. The increase was driven mainly by market performance, supported by steady net subscriptions and a stable number of UCIs. Equity funds performed well amid improving global sentiment, while…
Luxembourg faces 335,000 hires by 2040: why talent must become a national priority
Luxembourg is preparing for an unprecedented labour demand, with an estimated 335,000 hires needed by 2040—nearly 70% of today’s workforce. While its internationally diverse labour market is a strength, heavy reliance on foreign talent also creates vulnerability amid rising global competition. The Luxembourg Chamber of Commerce has issued 34 recommendations…
SFDR 2.0: Key Changes Ahead for Luxembourg Funds and Asset Managers
SFDR 2.0 introduces major updates for Luxembourg-based funds and asset managers, including a new product categorization system with clearer definitions. The revised rules simplify entity-level disclosures by removing some reporting obligations. Stricter sustainability standards will require 70% of assets to meet stated objectives and introduce sector exclusions. The changes also…
When a bonus becomes a legal right : a new reminder from the Luxembourg Court of Appeal
The Luxembourg Court of Appeal reaffirmed that a bonus paid consistently over several years can become a legally acquired right. Once established, employers cannot unilaterally reduce or remove it without the employee’s explicit consent. Collective agreements don’t override more favourable individual entitlements. This ruling is a wake-up call for employers…