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24.05.2013 Published in category News

Luxembourg: quality, trust and stability

Minister Luc Frieden believes that in two years we will have complete tax transparency in Europe and other places around the world. Luxembourg’s minister of finance said in an interview with a Norwegian business newspaper in Oslo that a level playing field is important to keep jobs in Europe. >

22.05.2013 Published in category News

Same rules, same standards

“Europe and the financial industry especially are undergoing restructuring movements. But we should not be afraid of change, because this is happening within a stable environment”. These are the words of Luxembourg’s Finance Minister Luc Frieden in Stockholm, during LFF’s financial mission to Scandinavia. >

21.05.2013 Published in category News

FATCA : Luxembourg chooses Model I

In the context of its FATCA negotiations with the United States of America, Luxembourg has chosen the Model I which will provide automatic exchange of information between the Luxembourg and American fiscal authorities on bank accounts held in Luxembourg by citizens and residents of the United States. >

15.05.2013 Published in category News

Sauvegarder la compétitivité de l’économie européenne

En date du 14 mai, le ministre des Finances Luc Frieden a participé à la réunion du Conseil «Ecofin» qui se tenait à Bruxelles. Parmi les dossiers intéressants sur le secteur financier, le ministre est d’abord intervenu sur la question du «bail-in» qui est discutée dans le cadre de la directive «redressement et résolution bancaires» >

15.05.2013 Published in category News

Cross-border mergers in banking not fashionable

The number of global mergers and acquisitions (M&A) in banking has constantly declined over the past few years. A study by PwC has found that this trend is not only due to a cyclical downturn but that there is more to it than meets the eye. >

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