Building a unique, European-grown instant payment solution – The European Payments Initiative (EPI) welcomes four additional shareholders and announces two acquisitions.
In the 2023 awards, announced on 8 March, TMF Group was named ‘Best ManCo solution’. TMF Group’s ManCo solution provides a comprehensive package of management services to investment funds, including regulatory compliance, risk management, financial reporting and administration.
“We are pleased to be part of an international group of companies represented in AMCHAM”, says Andreas Pál, Senior Vice President & Head of Sales at Moventum S.C.A. “This membership offers us excellent opportunities to present ourselves and to advocate for our goals with political representatives.”
Sustainable Finance update (asset management): Final Report on SFDR RTS regarding taxonomy-related disclosures On 22 October 2021, the European Supervisory Authorities or ESAs (EBA, EIOPA and ESMA) presented the European Commission with their Final Report on the draft Regulatory Technical Standards (RTS) regarding taxonomy-related pre-contractual and periodic disclosures under SFDR, as amended by the Taxonomy
General Members News In 2020, BIL Group demonstrated its resilience and support to the economy in a context marked by the health crisis. Net income after tax : EUR 101 million, -10% (EUR 112 million in 2019) Assets under management : EUR 43.7 billion (EUR 43.5 billion in 2019) Total balance sheet : EUR 6 billion, +8.9% (EUR 28.1 billion in 2019) Customer deposits:
General Members News Banque Internationale à Luxembourg SA (BIL) announced its financial results for the year 2019. BIL recorded a good performance of all business lines with a 20% increase in core operating net income before tax. Core operating net income before tax: EUR 136 million, +20% (EUR 114 million in 2018). Assets under Management: EUR 43.5
