General Members News

Global instant payment service will soon be a reality

Luxembourg, 3 October 2019: Banque Internationale à Luxembourg (BIL) is one of a group of international banks, and the only one in Luxembourg, to have participated in successful SWIFT gpi instant payments trials. This new service will soon make cross-border payments as seamless and frictionless as domestic ones.  A trial has just concluded in Europe … Continued

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General Members News

EY Luxembourg publishes its 2019 edition of Investment Funds in Luxembourg

EY Luxembourg publishes its 2019 edition of Investment Funds in Luxembourg Luxembourg, 20 September 2019 – EY Luxembourg has just released its 2019 edition of Investment Funds in Luxembourg – A technical guide, designed to answer many questions on setting up and operating investment funds in Luxembourg. This internationally-renowned publication updated annually over the last … Continued

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General Members News

ALM Intelligence names EY a leader in Business Strategy & Planning Consulting 

  LONDON, 25 SEPTEMBER 2019. EY has been recognized by ALM Intelligence (ALM) as a market leader for Business Strategy & Planning Consulting in its new report, The ALM Vanguard: Business Strategy & Planning Consulting 2019, part of ALM’s Buyer Ratings Guide for professional consultancy services. According to ALM, EY continues the upward trajectory it … Continued

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Banque Internationale à Luxembourg opens a Representative Office in Beijing, China.

Luxembourg, 17 September 2019: Banque Internationale à Luxembourg (BIL) today announced the establishment of its Representative Office in Beijing. This makes BIL the first Luxembourg bank to open a representative office in China. The opening ceremony was held in the presence of Minister of Finance Pierre Gramegna. With the arrival of Legend Holdings as its … Continued

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General Members News

CSSF grants AIFM infrastructure sub-license to IQ-EQ in Luxembourg

IQ-EQ Fund Management (Luxembourg) S.A. is pleased to announce that it has been granted the alternative investment fund manager (AIFM) infrastructure sub-license by the Luxembourg regulator, Commission de Surveillance du Secteur Financier (CSSF).  IQ-EQ Fund Management (Luxembourg) S.A., which forms part of the leading global investor services group IQ-EQ, was established in 2015 as a … Continued

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General Members News

BIL’s Open Banking platform now accessible for developers

Luxembourg, 25 June 2019: With its Open Banking platform, BIL will work closely with external developers, online merchants and partners to offer new digital services to its clients, and give fresh impetus to its innovation. Covered in particular by the second European Payment Services Directive (PSD2), the Open Banking concept encourages banks to open their information systems … Continued

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General Members News

Tax policy, BEPS and ATAD continue to drive tax challenges – and opportunities – for companies in 2019

Corporate income tax rates and base broadening trends in 2019 The impact of BEPS and ATAD-related changes in 2019 The outlook for digital tax policies and the wider post-BEPS tax framework Luxembourg, 20 June 2019. The global tax environment in 2019 continues to be uncertain, with controversy on the rise. Disruptions abound and the tax … Continued

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