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Luxembourg in the top 5 of digital economies

22-05-2018

DESI is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States in digital competitiveness. The DESI report tracks the prog...
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Connecting international start-ups with Luxembourg business

17-05-2018

“We are ready to expand our business in Europe, and Luxembourg is right at the centre. That is why I’m here,” says Sera Kwak, engineer at Korean company MINDs Lab. “We offer an artificial inte...
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Challenges and benefits of GDPR compliance

11-05-2018

GDPR was designed to protect and empower all EU citizens regarding their data privacy and to reshape the way organisations across Europe approach this subject. It sets high standards for treating only...
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2 New Accolades for Fit 4 Start fintech graduate, ume

26-04-2018

This Luxembourg based fintech company, which only recently graduated from Luxinnovation’s demanding Fit 4 Start Fall 2017 programme, just added two more feathers to its award cap by being selected f...
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Luxembourg ranks as the 2nd green finance centre in the world

29-03-2018

Financial services are an essential component of a sustainable economy, which meets the needs of stakeholders, enhances quality of life, protects the environment and addresses global issues such as cl...
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SNCI injects over 95 million euro annually into the Luxembourg economy

02-03-2018

SNCI (Société Nationale de Crédit et d’Investissement) celebrated its 40th anniversary in 2017. The national bank is one of the pillars of the economic development of Luxembourg and a key partner for any local company that looks to expand and grow. We spoke with Emmanuel Baumann, who chairs the SNCI management committee.
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Bitcoin exchange platform, bitFlyer choose Luxembourg

23-01-2018

On Tuesday 23, January 2018, the Minister of Finance, Pierre Gramegna, officially announced that on January 8, 2018, the Japanese bitFlyer platform was granted its payment institution license by the L...
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ICT start-up acceleration programme Fit 4 Start: Apply now!

04-01-2018

Fit 4 Start attracts innovative entrepreneurs from well beyond Luxembourg’s borders and has become renowned in the start-up community as a very valuable launch pad for early-stage ICT companies. Due...
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Jemmic & Trust1Connector – Simplicity is Key

04-01-2018

Jemmic is a Luxembourg company established in 2009 that helps companies digitalise their business. As a FinTech expert, Jemmic serves over thirty banks with over one million online users – be it...
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Tetrao wins BNP Paribas Hackathon

04-01-2018

From 9 to 11 June 2017, BNP Paribas in Luxembourg took part for the first time in the International Hackathon organised worldwide by the BNP Paribas Group and running simultaneously with 160 start-ups...
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State visit to Japan: several agreements have been signed

01-12-2017

Late November, HRH the Grand Duke and the Princess Alexandra accompanied by Deputy Prime Minister and Minister of the Economy Etienne Schneider, Minister of Foreign and European Affairs Jean Asselborn...
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Sompo becomes third japanese insurer to set up EU base in Luxembourg

30-11-2017

Japanese insurer, Sompo International, has today become the latest leading Japanese financial institution to announce plans to establish its new European insurance headquarters in Luxembourg following...
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2Gears on a roll

09-11-2017

Founded in 2011, the 2Gears startup launched Governance.io in 2015, a platform for the management of governance and the regulatory oversight of investment funds. The product has met with success once ...
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Japanese ADI insurer announces new subsidiary in Luxembourg

02-11-2017

Japanese insurer Aioi Nissay Dowa Insurance (ADI) has announced it will move one of its subsidiaries from London to Luxembourg following the Brexit vote. ADI, which is part of MS&AD Insurance Grou...
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NEW PARTNERSHIP AGREEMENT WITH SEOUL METROPOLITAN GOVERNMENT AND FINANCIAL HUB KOREA

02-11-2017

Luxembourg for Finance and its Korean counterparts aim to work together to develop exchanges in the area of financial services between the two countries. LFF’s CEO, Nicolas Mackel, stated that Luxem...
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ABBL releases FinTech Map of Luxembourg

27-10-2017

The Luxembourg Bankers’ Association (ABBL) is delighted to release the FinTech Map of Luxembourg.
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Fitch confirmes Luxembourg's AAA rating

25-10-2017

On 13 October 2016, rating agency Fitch Ratings confirmed the ‘AAA’ rating for the Grand Duchy of Luxembourg with a ‘stable’ outlook. The favourable situation of Luxembo...
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Luxembourg wins four places in the global financial center

20-09-2017

Luxembourg has jumped four places to claim fourteenth spot in a global ranking of financial centres, coming in behind London, Frankfurt and Zurich in Europe.
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Luxembourg in top 3 EU financial centres

12-09-2017

Luxembourg is one of the leading financial centres in the EU, together with London and Frankfurt. This was confirmed once again by the latest Global Financial Centres Index (GFCI 22). Climbing by fou...
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CSC opens Luxembourg office amid European expansion

11-09-2017

US business services provider CSC has opened a Luxembourg office as it launches a new capital markets business in Europe.
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TOKIO MARINE MOVES ITS EU BASE TO LUXEMBOURG

06-09-2017

Tokio Marine announced that it will establish its new European subsidiary in Luxembourg following the UK’s decision to leave the European Union. Tokio Marine is aiming to have the new insurance comp...
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Payconiq chose Luxembourg for new headquarters

05-09-2017

Payconiq, the mobile payment service for online, on-the-go and direct payments, has relocated its headquarters to Luxembourg. The company started in Amsterdam where Payconiq was founded and has thrive...
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PingPong: first Chinese FinTech group to receive a payment institution licence in Luxembourg

04-09-2017

FinTech PingPong, specialised in cross-border e-commerce payments have established their European offices in Luxembourg.
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Third Industrial Revolution: Opening of applications for "PEOPLE'S VOTE PROJECTS"

28-08-2017

On 21 November 2017, the next edition of the Luxembourg Sustainability Forum will dedicate a substantial portion of its programme to the Third Industrial Revolution by highlighting inspiring practices that have been put into place by companies in Luxembourg.
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Luxembourg, Hong Kong and Sydney professors join forces on FinTech

28-08-2017

Three law professors from the University of Luxembourg, the University of Hong Kong (China) and UNSW Sydney (Australia) have joined forces to cooperate in researching the law and regulation of financial technology (FinTech).
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EVERBRIGHT BANK: 7TH CHINESE BANK TO CHOOSE LUXEMBOURG

07-08-2017

China Everbright Bank (CEB) has received approval to set up its subsidiary in Luxembourg. This strategic move will strenghten CEB’s operations in Europe and confirms Luxembourg’s position as the main gateway for Chinese banks into the European market.
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Payconiq joins forces with Luxembourg-based Digicash

07-08-2017

Payconiq announces today that it will expand its footprint to the Grand-Duchy of Luxembourg by joining forces with Digicash Payments SA, the company behind Luxembourg’s mobile payments product Digicash.
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LUXEMBOURG BIDS TO HOST THE EUROPEAN BANKING AUTHORITY

31-07-2017

The Luxembourg government has officially submitted its bid to host the European Banking Authority (EBA). Thus Luxembourg follows a call for offers by the European Council published in June. A European...
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Luxembourg's economic performance very strong

31-07-2017

Luxembourg is an advanced economy with the highest per capita income in the OECD, reflecting the dynamic services sector, notably in banking and other financial services. Foreign investment is attract...
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The Luxembourg insurance sector is booming

21-07-2017

In 2016 the national insurance sector had a record year, increasing its net profit after tax to €1,808 billion, a considerable rise of 45.7% compared to the previous financial year.
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