Luxembourg’s green financial credentials have been reconfirmed in the latest GGFI 8, with the financial centre being placed 2nd highest in the EU and 5th globally.
A turnover of 490 million and revenues of 432.3 million, up 5.8%, PwC did better than expected for the fiscal year 2021, spanning from July 2020 to June 2021.
In response to the continuing development of material IT outsourcing, the Commission de Surveillance du Secteur Financier (CSSF) simplifies its procedures for prior provision of information in this respect through Circular CSSF 21/785.
Early July, the board of directors of Degroof Petercam decided to propose to appoint internal candidate Hugo Lasat – in charge of the asset management entity DPAM (Degroof Petercam Asset Management) – at the position of Chief Executive Officer of the group.
In the presence of EU Commissioner in charge of Budget and Administration Johannes Hahn and Prime Minister of Luxembourg Xavier Bettel, the Luxembourg Stock Exchange (LuxSE) marked the listing of the European Commission’s inaugural green bond on October 19. The EUR 12 billion bond is the world’s largest green bond issued to date. The green bond is governed by Luxembourg law and displayed on the Luxembourg Green Exchange (LGX), the award-winning platform for sustainable securities.
Progetis, the real estate developer software specialist, and Bâloise Assurances, announce the connection of BauHeem, the online All-in Insurance for construction and renovation sites, via an API (Application Programming Interface) allowing to take out insurance contracts directly from the leading software of the Luxembourg real estate industry.
The LHoFT Foundation launches an exclusive Mentors Directory, built to support Fintech firms in the Luxembourg ecosystem and beyond.
When it comes to buying a home, every detail matters. To help buyers make a fully informed choice about whether to buy a property, BIL is launching the Myvisit website in partnership with start-up Konkretly. A proper digital checklist to ensure nothing is forgotten, Myvisit also lets users compare places visited. Ideal for reaching a decision.
European digital bank Advanzia has signed a lease agreement with ANDANDO Real Estate for the construction of a brand new and ecological office building in Munsbach, Luxembourg. The “EMERALD Building” will be constructed and operated in a climate-neutral way and is scheduled to be ready by mid-2023. The 4,265 square metre building will use sustainable, efficient and green building technologies and materials, and will be certified with the green label certificate “Excellent” according to BREEAM, one of the world’s leading sustainability assessment methods.
The Australian start-up FIN-PAY won the Mastermind Competition in the Fintech category, as part of ICT Spring Europe in Luxembourg (September 14-15). Our team recently met with its CEO, Ian Parke.