Tag Archives: Luxembourg

Researchers at University of Luxembourg develop core component for Zcash cryptocurrency

01 Mar
Meanwhile - Cryptocurrency

Scientists at the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg have developed an important mathematical algorithm called “Equihash”. Equihash is a core component for the new cryptocurrency Zcash, which offers more privacy and equality than the famous Bitcoin. Zcash came into operation as an experimental technology for a community-driven […]

Her Majesty’s Overview of the Offshore Investment Market

16 Feb
Her Majersty the Queen's Royal Standard - Offshore Investment Report

Despite the term ‘offshore investment’ being widely used in policy and political discourse to describe the investment of capital outside an investor’s jurisdiction of residence, representatives of banks were keen to point out that it is a very broad term open to different interpretations. Indeed, during many of the qualitative interviews conducted with representatives of […]

Luxembourg House of Financial Technology (LHoFT)

22 Nov
Luxembourg House of Financial Technology (LHoFT)

Nasir Zubairi: Appointed CEO of the LHoFT The Luxembourg government and its partners are pleased to announce the appointment of Nasir Zubairi as CEO of the Luxembourg House of Financial Technology (LHoFT). The LHoFT is a new and exciting public-private sector initiative that will be dedicated to advancing Luxembourg’s fintech ambition. Its founding private sector […]

Skipton International is investing for the future

18 Oct
Corbiere Lighthouse, Channel Islands, Skipton International

Skipton International is to implement a new banking service and replace its core banking system for offshore savings customers. Skipton International will be making a significant investment in the new system and portal, provided by Temenos, a global leader in banking software, and implemented by their partner, Syncordis, a Luxembourg IT Consultancy. Jim Coupe, Managing […]

What are offshore funds?

08 Jun
Offshore funds

When investing, you will often see funds listed specifically as offshore funds. Many investors have portfolios of mixed funds in Cyprus with funds often domiciled ‘offshore’. What are the key differences in terms of legal protection and structure between funds domiciled in, for example, the UK and those listed abroad? Offshore funds are those domiciled […]

Luxembourg ranked as leading financial centre in the Eurozone

07 Apr
Investors Superconference

The 19th Global Financial Centres Index (GFCI) lists Luxembourg as the leading financial centre in the Eurozone, 2nd in the European Union after London and 3rd most competitive European financial centre. Luxembourg has improved its ranking by 5 places compared to GFCI 18. As in previous years, it is identified as the only European financial […]

Canada Pension Plan to Invest Offshore

31 Mar
Canda pension plan to invest offshore

Canada Pension Plan Investment Board Invests EUR480 Million in the Mandatory Exchangeable Facility of LeasePlan TORONTO, ONTARIO–(Marketwired – March 30, 2016) – Canada Pension Plan Investment Board (CPPIB) announced today that its wholly owned subsidiary, CPPIB Credit Investments Inc., has completed the funding of EUR480 million in the Mandatory Exchangeable Facility of LeasePlan. This investment […]

Footprint of Luxembourg UCITS

18 Mar
Luxembourg UCITS - umbrellas

Global Fund Distribution of Luxembourg UCITS ALFI released last week the figures outlining the footprint of Luxembourg domiciled UCITS, showing the volume of assets under management in various markets globally as at December 2015, giving a breakdown in those markets of the percentage of Luxembourg UCITS, other foreign and domestic open-ended funds. According to the […]

Luxembourg’s LuxLeaks deal

16 Dec
Luxembourg locomotive railroad railway - Offshore investment platform

Journal: The EU’s ongoing investigation into Luxembourg’s tax agreements with multinational corporations is threatening to leave a black mark on the Grand Duchy at the end of its six-month European presidency. Luxembourg’s finance ministry could face legal action from the European Commission, as the EU authority continues its probe into illegal state aid to corporates […]

Why is tiny Luxembourg key to China’s global plans?

05 Dec
The river Alzette in Luxembourg Pfaffenthal, as seen from the bridge called Béinchen.

An unlikely partnership? The numbers say otherwise. It might seem curious that China, a country of 1.4 billion people, should even notice Luxembourg’s half a million residents. But since Beijing’s decision to establish the tiny country as one of a few global trading hubs through which the RMB is being gradually internationalised, Luxembourg has emerged […]

Luxembourg for Business and Luxembourg for Finance launch SurprisingLux

30 Oct
Luxembourg City, square Guillaume II: equestrian statue of Guillaume II (1792-1849), king of The Netherlands and Grand-Duke of Luxembourg.

Luxembourg launches today via its two promotion agencies Luxembourg for Business and Luxembourg for Finance the campaign “SurprisingLux: Look closer for opportunities beyond borders.” This campaign is designed to dynamically reveal the strength and diversity of the Luxembourg economy through success stories and little-known facets of Luxembourg. These are available in several formats including a […]

DMS Offshore Investment Services Onboards White Oak AIF On Irish Platform

02 Mar
Men on deck of 'Empress of Ireland' at Vancouver

  GRAND CAYMAN, Cayman Islands, Feb. 28, 2015 /PRNewswire/ — DMS Offshore Investment Services Ltd. (DMS), the world’s largest fund governance firm, and White Oak Global Advisors, LLC (White Oak) have announced the launch of an Alternative Investment Fund (AIF) hosted on DMS Irish platform. White Oak has engaged the DMS AIF platform, which is […]