As the implementation of CRD VI accelerates the integration of ESG risks into banks' prudential frameworks, institutions are facing growing expectations around data, governance, and transition planning. Against this backdrop, the BCC Sustainability Group convened a series of exchanges with senior practitioners and subject-matter experts as well as a dedicated roundtable to explore the practical implications of these evolving requirements. This article synthesises the key perspectives that emerged from these discussions. It reflects the insights shared by participants on the challenges, good practices, and priorities shaping ESG risk management in the banking sector. While viewpoints naturally varied across experts and areas of expertise, a consistent message emerged: meaningful progress is being made, but some challenges remain as banks continue to operationalise the CRD VI framework and meet evolving supervisory expectations.
Linklaters has advised fintech company SWIAT on the establishment of a Luxembourg-incorporated European cooperative structure for the blockchain initiative Regulated Layer One (RL1).RL1 is designed as an open, neutral and compliance-focused DLT network for the European financial sector. It brings together leading financial institutions from Germany, the Netherlands, France and Spain to overcome the existing fragmentation of blockchain networks in financial services and provide a shared infrastructure for tokenized assets, digital money and digital capital markets applications RL1 commences operations with ten leading financial institutions. This new entity is only the second European Cooperative Society (SCE) to be incorporated under Luxembourg law, requiring a forward-looking approach from our Luxembourg team. We use our expertise and resources to help clients pursue opportunities and manage risk across emerging and developed markets around the world. The firm counts more than 3,000 lawyers worldwide; the Luxembourg office counts 120 lawyers and a total staff of more than 170.
The European AIF market is one of the fastest growing in the financial sector. For this reason, your AKD counsels keep up to date with developments in this dynamic industry. To help financial market participants to stay on top of current trends in the AIF space, the AKD Quarterly Update provides information on selected Luxembourg and Dutch legal, tax and regulatory matters within the AIF industry. As we navigate through 2026, we are pleased to present the Q2 - AIF industry Update, in which our Luxembourg and Netherlands legal, regulatory and tax experts highlight the key recent developments in the European AIF market from the last three months, of particular relevance to fund managers and sponsors, institutional investors and other financial sector professionals. Key topics covered in this edition include recent developments relating to, inter alia, ESG and sustainability reporting, AML/CFT, Luxembourg legal updates, regulatory and supervisory developments, financial regulatory developments in the Netherlands, governance, reporting and risk, DORA and ICT/cyber resilience, marketing and pre-marketing, crypto/virtual assets and MiCAR, Luxembourg and Netherlands tax developments, and an interview with Pinetree Venture Partners. Enjoy the read and get in touch with us if you require more detailed information and assistance on the latest AIF developments and their implications.
Ready for take-off: Bringing Luxembourg creativity to the skies. This year, the Luxembourg office of GSK Stockmann celebrates its 10th anniversary with a number of events throughout the year. To mark this milestone, GSK Stockmann and Luxair have partnered to unveil a special anniversary aircraft. The newly designed De Havilland Dash 8-400 LX-LQJ was formally presented during a special event at Luxair's Maintenance Hangar at Luxembourg Airport, where representatives of both companies celebrated the unveiling together.
“You can have it all, but not at the same time.” This candid observation was among the most memorable messages shared by Jenny de Nijs, Director for the Development of the Financial Centre at Luxembourg’s Ministry of Finance, during a fireside chat organised by the British Chamber of Commerce for Luxembourg. Held on 9 July 2026 at ATOZ, the event was jointly organised by the Chamber’s People & Leadership Group and Sustainability Group.
ATOZ Services (The “Company”), an independent Luxembourg-based fund services platform, today announced that the Company will accelerate its strategic move to continue its international expansion and acquisition-based strategy through a growth investment from Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm.
As a partner of the Luxembourg Times, the BCC is pleased to invite you to the third edition of Luxembourg Expat Day on 06 September 2026 from 10:00 - 18:00 at the Abbaye de Neimünster in the heart of Luxembourg City. IWhether you're new to the country or have called Luxembourg home for years, this event is the perfect opportunity to discover useful services, meet local organisations, connect with fellow expats and locals, and experience the best of life in the Grand Duchy.
Aztec Group, a premium provider of private markets services, today announced the appointment of Melissa Ferraz as Chief Commercial Officer and member of its Executive Committee. Melissa joins Aztec from BlackRock, where she held senior Managing Director roles across its private markets and technology businesses. Originally from the U.S., she brings more than 20 years of experience leading and growing businesses across private markets, financial services, technology and data, working with clients and teams across North America, Europe and other international markets.
The purpose of the BCC Tax and Legal newsletters is to provide additional regular bimonthly updates on key tax and legal developments in Luxembourg that may be relevant to your business. The present newsletters issued by member firms of the Tax and Legal groups cover the period from May to June 2026. If you deem that another person within your organisation should receive this email, please let us know. If you wish to unsubscribe please contact the BCC Secretariat by email to info@bcc.lu
Showing Up and Standing Out: Presence, Confidence and Communication How do emerging leaders develop the presence to command attention, the confidence to act and the communication skills to make themselves understood? These questions were at the heart of a practical workshop for the first cohort of the British Chamber of Commerce for Luxembourg's Emerging Leaders mentoring group. Held on 7 July 2026 and generously hosted by EY Luxembourg, the session was led by Lola Kaneva-Goggins and Camelia Pavel, members of the People and Leadership working group, with opening remarks from Emerging Leaders Chair Juan Gasca.
In our evergreen fund series we deep dive into Luxembourg, where evergreen structures are scaling rapidly, particularly across private credit and income strategies. The growth of evergreen funds in Luxembourg is increasingly being shaped by a broader structural shift: the rise of semi-liquid fund models.
The British Chamber of Commerce for Luxembourg and the European Business Institute of Luxembourg (EBU) are pleased to announce their partnership, creating valuable opportunities for members to upskill through high-quality, affordable professional development programmes. As businesses across Europe navigate rapid technological and workplace transformation, continuous learning has become essential for maintaining competitiveness and building future-ready workforces. Through this partnership, Chamber members will have access to EBU's September 2026 intake of professional certificate programmes at a highly subsidised rate.
