COMO’s White Paper
This white paper from COMO offers a detailed examination of the challenges and opportunities for small financial hubs, with a strong focus on Luxembourg’s strategic role in the global finance arena. It also highlights Luxembourg’s regulatory pressures and de-risking challenges while outlining its potential for growth and innovation.
The paper advocates for a collaborative, multi-stakeholder approach. It suggests policymakers implement regulatory sandboxes and strengthen correspondent banking networks to facilitate innovation.
Meanwhile, financial institutions are encouraged to adopt advanced digital solutions and prioritize sustainable finance to enhance compliance and efficiency.
The white paper recommends that companies leverage platforms like COMO Digital Life’s In-House Banking as a Service to align with the increasing importance of Digitalization, Automation, and Environmental, Social, and Governance (ESG) criteria.
In summary, the white paper provides insights into how Luxembourg can transform challenges into opportunities, uphold its global relevance, and set new standards of excellence in an evolving financial landscape.
