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Luxembourg showcases its expertise in Asia

A financial delegation from Luxembourg led by Luxembourg Minister of Finance Pierre Gramegna is underway in Asia stopping in South Korea, Japan, at the Asian Financial Forum in Hong Kong, as well as in Beijing to promote Luxembourg’s expertise in international finance. The tour also includes Taipei, Taiwan where experts from the fund industry highlighted Luxembourg’s expertise in the cross-border distribution of investment funds in a seminar organised by the Luxembourg Fund Association (ALFI). >

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Luxembourg moves up two spots in Corruption Perceptions Index

In the 2014 Transparency International Corruption Perceptions Index, Luxembourg has scored 82, rising to 9th place, from 11th place last year, putting it in front of Germany, Belgium and the UK. The Index ranks countries on how corrupt their public sector is perceived to be. It is based on a 100-point "corruption perception" scale, where zero equals a "highly corrupt" perception and 100 means the country is perceived to be very clean. >