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Luxembourg for Finance
Luxembourg is the second largest investment fund centre in the world behind the US, the premier captive reinsurance market in the European Union and the number one private banking centre in the Eurozone. Starting as a Eurobond domicile in the 1960s, the financial centre subsequently developed into a private banking centre and then, from the 1980s, into a global centre for managing and the distributing investment funds. The success of Luxembourg’s financial centre builds on the outstanding stability of this small European nation and on a modern legal and regulatory framework that is continuously updated, as a result of regular consultation between the government, the legislator and the financial sector community. Supervised by an accessible and proactive regulator, the Luxembourg financial centre is characterized by a strong culture of investor protection and rigorous anti-money laundering policies. A multilingual and highly qualified workforce is catering to the needs of a sophisticated international clientele.
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