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2019 Smartphone Security
Monday 6th May,2019 the Private members Club, Cercle Munster was the setting for a highly interesting talk by Damien Schreurs on Smartphone Security. After the luncheon Damien had a bit more advice for us all. "Smartphones, these extremely powerful mini-computers in our pockets, containing private, confidential and sometimes sensitive data are ubiquitous. Even though modern
General Members News Dentons advises Tuspark on the China-Luxembourg Innovation Investment fund
April 26, 2019 – Dentons has successfully advised TUS Science and Technology Service Group (TUS S&T) on the launch of its Innovation Investment Fund (CLIIF) – the first Chinese equity fund domiciled in Luxembourg to support innovative and fast growing businesses. CLIIF was launched on April 26, 2019. A signing ceremony took place at Banque
GSK Update: PRIIPs Regulation – postponed but not abandoned
On April 16, 2019, following a trialog procedure between the European Commission, the Council of the European Union and the European Parliament, the Parliament decided to (once again) extend the existing transitional period as per Art. 32 Para. 1 PRIIPs Regulation by 24 months until December 31, 2021. Even though it has not done so
General Members News EY research challenges value of financial advice to understand why one-third of wealth management clients plan to switch providers
Research says more than 80% of wealth management clients express interest in financial advice and planning, yet half of these remain on the sidelines Luxembourg, 30 April 2019. An increasing number of wealth management clients are willing to pay for financial advice, but what they value is evolving rapidly, as one-third of clients have switched
Grand Duke Jean 1921 – 2019
It is with immense sadness we learn today of the death of Grand Duke Jean and would like to take this opportunity to extend our very sincere condolences to the Royal Family of Luxembourg.
Investment Plan for Europe: EUR 20 million for innovative SMEs in Luxembourg through EIF and BIL
JOINT PRESS RELEASE Luxembourg, 10 April 2019 Investment Plan for Europe: EUR 20 million for innovative SMEs in Luxembourg through EIF and BIL European Investment Fund (EIF) and Banque Internationale à Luxembourg (BIL) extend InnovFin SME Guarantee Facility agreement; EUR 20 million available for innovative SMEs and small mid-caps. Project supported
General Members News Dentons advises CPI Property Group on financing hat trick
April 3, 2019 – Dentons has sucessfully advised CPI Property Group, the leading owner of income-generating real estate in the Czech Republic, Berlin and the CEE region, on a series of financing and capital markets transactions worth approximately €1 billion, including the issue of US$350 million Reg S bonds, an update of a revolving credit
Global investor services provider SGG Group rebrands as IQ-EQ
SGG Group, the world’s 4th largest investor services group, today announced a new name, visual identity and corporate website. SGG Group has rebranded to become IQ-EQ. IQ-EQ unites SGG, First Names Group, Augentius, Iyer Practice and Viacert under one single brand. Mark Pesco, Group CEO, said, “Our new name brings together the rare combination of
Allen & Overy expands U.S. – Luxembourg Desk
PRESS RELEASE 20 March 2019 Allen & Overy expands U.S. – Luxembourg Desk Allen & Overy announces the appointment of Ed Winters as Senior Desk Manager to strengthen the U.S. – Luxembourg desk in its New York office. He will be joining Ben Dumbacher who has been in charge of the U.S. desk since
Luxembourg passes law allowing the use of blockchain in the issuance and circulation of securities
A new law amending the law of 1 August 2001 on the circulation of securities was approved by the Luxembourg parliament on 14 February 2019. Details are provided in the attached GSK-Update “Luxembourg passes law allowing the use of blockchain in the issuance and circulation of securities”. For further details please follow the link: GSK
Uncategorized Happy St. Patrick’s Day!!
Photo: La La La Photo Wishing all our Members and subscribers a very Happy Saint Patrick's day! Every March 17, the United States becomes an emerald country for a day. Americans wear green clothes and quaff green beer. Green milkshakes, bagels and grits appear on menus. In a leprechaun-worthy shenanigan, Chicago even dyes its river
