Luxembourg City, May 24, 2023 – The British Chamber of Commerce for Luxembourg is delighted to announce the appointment of Andrew Notter as its new Chairman. With a proven track record of leadership and a deep understanding of the Luxembourg business landscape, Notter brings a wealth of experience to the role, positioning the chamber for continued growth and success. As Chairman, Andrew will play a pivotal role in advancing the Chamber's mission to follow and influence developments in the economic and business world in Luxembourg affecting members’ interests, contributing to making Luxembourg an attractive place for British business and Britain an attractive place for Luxembourg business, at the same time promoting and strengthening business ties between the two nations, maximising opportunities, and navigating potential challenges.
The Corporate Sustainability Reporting Directive, the missing piece of the EU Sustainable Finance Action Plan puzzle, aims to channel finance into sustainable projects. A roundtable held on Tuesday evening with Thomas Göricke from Elvinger Hoss Prussen and Hakan Lucius from the European Investment Bank and moderated by Vanessa Müller from EY Luxembourg highlighted that sustainability standards and norms are coming quickly but in phases.
Baker McKenzie Luxembourg signs The Diversity Charter Lëtzebuerg. Baker McKenzie Luxembourg, a renowned global law firm, has taken a significant step toward promoting diversity and inclusivity by signing The Diversity Charter Lëtzebuerg on May 23rd 2023.
We wish to welcome our new Sustaining Member - SEI Investments Luxembourg S.A We asked Edwin Parker, Global Sales Director… 𝗪𝗵𝗮𝘁 𝗺𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝘆𝗼𝘂 𝘁𝗼 𝗷𝗼𝗶𝗻 𝘁𝗵𝗲 𝗕𝗿𝗶𝘁𝗶𝘀𝗵 𝗖𝗵𝗮𝗺𝗯𝗲𝗿 𝗼𝗳 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴? SEI has an established global business across both asset management and asset servicing. We've been established in Luxembourg for over 11 years and since joining SEI, my main focus is to grow our fund services and technology business in Europe and specifically, Luxembourg. As a member of the British Chamber, we want to meet, support and educate member organisations on industry trends, technologies and processes that will help them build connections that could lead to more confident decision-making in the future.
The objectives of the British Chamber of Commerce for Luxembourg are to follow and influence developments in the economic and business world in Luxembourg affecting members’ interests, and so contribute to making Luxembourg an attractive place to do business. The Tax and Legal groups of the BCC address key issues in their sectors to corporate and individual members through a number of events, and seek to raise awareness and influence decision makers as to the issues of concern to the BCC membership.
The Luxembourg government published Bill of Law no. 8183 (the “Bill”) in late March 2023, amending five asset management-related laws, namely the UCI Law (1), SICAR Law (2), SIF Law (3), RAIF Law (4) and AIFM Law (5). The aim of the proposed amendments is to upgrade the current Luxembourg legal framework and develop new structuring solutions to facilitate retail investors' access to alternative asset classes, in light of market trends in recent years.
LUkraine asbl, in collaboration with Ukrainian Chamber of Commerce and Industry, represented by Zharov Nicolas, is pleased to invite entrepreneurs, lawyers and bankers from Luxembourg to a Networking Evening aimed at fostering business connections between Luxembourg and Ukraine. The event will provide a platform for entrepreneurs, business representatives, municipalities, and startups to meet, exchange ideas, and explore potential collaboration opportunities in an informal atmosphere.
The British Chamber of Commerce for Luxembourg celebrates the coronation of HM King Charles III with other British groups and with the support of the British Embassy at St. George's Interenational School on Saturday 06 May. Guests enjoyed a screening of the coronation, delicious food and drink stands, especially the BCC Pimm's stand, and lots of fun-filled activities for the entire family. Read More
BSP with Banque Internationale à Luxembourg, Banque et Caisse d’Epargne de l’Etat, Luxembourg, Landesbank Saar, Arkéa Banque Entreprises et Institutionnels and Caisse Régionale de Crédit Agricole Mutuel Provence Côte d’Azur on EUR 80 million sustainable financing provided to the Valfidus Group and arranged by Banque Internationale à Luxembourg
LHH (formerly Badenoch + Clark and Spring Professional Luxembourg) is Luxembourg’s preferred provider of quality Recruitment Solutions, Career Transition & Mobility, Leadership & Development and HR Advisory. We have a long and successful history in assisting local companies and establishing subsidiaries for international firms.
Leading international law firm Clifford Chance has appointed ten new Senior Associates in Luxembourg. Katia Gauzès, Managing Partner of Clifford Chance in Luxembourg comments: "Congratulations to these talented lawyers who have achieved this significant career accomplishment. These nominations demonstrate the strengths of our different practices and their excellence and unfaltering commitment to our clients".
The purpose of the BCC Tax and Legal Newsletter is to provide additional regular bimonthly update on key Tax and Legal developments in Luxembourg that may be relevant to you business. That present newsletters issued by member firms of the Tax and Legal groups cover the period from January to February 2023.