Luxembourg
PwC whistleblowers convicted over ‘Luxleaks’ tax scandal
Two whistleblowers have been found guilty in the so-called ‘Luxleaks’ tax scandal while a journalist has been acquitted.
International Wealth Insurer sold to Luxembourg’s Foyer
Luxembourg-based International Wealth Insurer (IWI), has been sold by state-owned Belfius Insurance to Foyer, a major private financial group in the Duchy, creating a new player in the international life insurance sector.
Zedra eyes acquisition in Luxembourg
Trust and fiduciary specialist Zedra is eyeing an acquisition in Luxembourg with a view to making it a key jurisdiction in its five-year plan for the group business.
Luxembourg’s fund buyers – the perfect Europeans
Against a backdrop of macroeconomic uncertainty, most fund selectors based in the Grand Duchy intend to increase their allocation to long/short equity funds. They also follow the other main trends: buying emerging market equities and corporate bonds, and selling US equities and government bonds.
What do the ‘Panama Papers’ mean for offshore tax havens?
In the wake of the biggest financial data leak in history, which uncovered the controversial tax arrangements of the rich and powerful, our industry experts give their views on what the Panama Papers means for their offshore jurisdictions.