Luxembourg
Tax haven blacklist ‘not credible’ if four EU countries excluded
To stop its blacklist being whitewashed, the European Union should include Ireland, Luxembourg, Malta and the Netherlands on its list of tax havens when it is published on 5 December, Oxfam has warned.
Lombard Int’l buys HSBC Life Assurance portfolio for €1
HSBC Life Assurance (Malta) has entered into a portfolio transfer agreement with Lombard International Assurance to sell part of one of its insurance portfolios for €1 (£0.89, $1.16).
Luxembourg’s ‘provocative’ Brexit solution for financial services
In a speech examining the impact of Brexit on European Financial Centres Luxembourg finance minister Pierre Gramegna says the UK has five Brexit options to choose from.
Commodities | 26 Oct 17
Luxembourg commodity finance Sicav suspended
A second Luxembourg-regulated, commodity finance-related fund has halted operations this year after the directors of the Blackstar Commodities Fund suspended redemptions and the conversion of shares in its Sicav.
Sanne to acquire $8.3bn Luxembourg firms
Global alternative asset and corporate administration services provider Sanne has agreed to acquire Luxembourg Investment Solution (LIS) and Compliance Partners (CP).