What advisers need to know about the Luxembourg life industry
Its financial sector has ‘never stood still’
Luxembourg
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Luxembourg-based private bank sold to global financial group
Acquired company has around €500m in client assets
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FNZ buys Luxembourg-based fund platform
To bolster its international wealth proposition
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Global wealth manager merges with family office
Combined company will oversee $29bn in assets
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UAE advice firm obtains FCA licence
To help serve clients looking to repatriate to the UK
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Natixis Wealth Management fined €108,900
Regulator said it was due to ‘deficiencies’ relating to safekeeping obligations of assets and cash flow monitoring
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Aussie fintech firm rejects second overture
Improved offer from Luxembourg-based would-be acquirer failed to sway the board
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Danske Bank International to sell Luxembourg wealth business
It is the acquirer’s second M&A deal in a week
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‘Accidental’ Americans appeal Luxembourg Fatca decision
They aim to stop the European country from sharing information with the US
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How will the Luxembourg leaks impact UK offshore crackdown?
‘Clients rightly have an expectation of privacy in the conduct of their financial affairs’
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‘Accidental’ Americans launch Fatca legal actions in Europe
They argue Belgium and Luxembourg should stop ‘illegal’ transfers of data to the US
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Nucleus’ European joint venture acquires life firm
Just four months after entering into the partnership