The Banque centrale du Luxembourg (BCL) informs that, based on preliminary data, the main interest rates applied by Luxembourg’s credit institutions to euro area households and non-financial corporations (NFCs) for their loan and deposit operations have on average evolved as follows in September 2022.

Russian state-owned energy giant's Gaz Capital S.A., based in Luxembourg, might face bankruptcy.

The Luxembourg Stock Exchange (LuxSE) announced the launch of its new post-trade model for trades made on LuxSE's markets. This new settlement process was made possible thanks to the exchange's partnership with BFF Bank, the largest independent specialty finance in Italy and a leading player in Europe, specialised in securities services, banking and corporate payments and in the management of trade receivables.

The Banque centrale du Luxembourg (BCL) informs that, based on preliminary data, the main interest rates applied by Luxembourg’s credit institutions to euro area households and non-financial corporations (NFCs) for their loan and deposit operations have on average evolved as follows in August 2022.

If no one seems to know the contours of Credit Suisse's new strategic plan which will be announced on October 27 and its consequences in Luxembourg, employees are worried. Management must communicate as soon as the plan is known.

FE fundinfo has today (20 September) completed the acquisition of Fundsquare, the Luxembourg-based fund registration and regulatory services provider.

In its role as mediator for consumers of financial products, Luxembourg’s financial regulator advocates finding solution based on dialogue between the complainants and the entities concerned by a dispute. A majority of disputed cases are thus closed without any specific intervention by the CSSF.

‘Name and shame’ remains a common practice in the fight against financial crime. Both states and financial institutions can be subject to it, each at their own level. In a recently published manual for national regulators, the World Bank illustrates this principle by citing Luxembourg.

The Banque centrale du Luxembourg (BCL) is today publishing the 2022 edition of its Financial Stability Review.

Seventy-five years ago today, the newly established International Bank for Reconstruction and Development (IBRD), now known as the World Bank, made its first and only loan to Luxembourg.

The Luxembourg Financial Sector Supervisory Authority (the CSSF) recently published Circular 22/811 (the Circular) on the authorisation, governance and internal organisation of administrators of undertakings for collective investment (UCIs).

In accordance with the rules governing the LuxRI Fund index, the executive committee of the Luxembourg Stock Exchange has decided to rebalance the LuxRI Fund index (base 1,000 as at 01/07/2013).