Debt Capital Markets provides in-depth global insight written by local experts, covering a diverse range of relevant and up-to-date topics, including: public and private debt offerings, special instruments, derivatives and securities, transfers of debt, transaction liabilities and remedies, and the regulation of underwriters.
Listing of bonds on the Luxembourg Stock ExchangeLoyens & Loeff
Over the years Luxembourg has become a renowned financial centre, with an innovative and favourable legal and tax framework tailored in response to the ever growing interest in its securities markets. As a result of this favourable legal and regulatory environment and its customer-oriented and flexible approach to the securities industry, the Luxembourg Stock Exchange (the LuxSE) has become an attractive international marketplace.
Listing of shares on the Luxembourg Stock ExchangeLoyens & Loeff
Over the years Luxembourg has become a renowned financial centre, with an innovative and favourable legal and tax framework tailored in response to the ever growing interest in its securities markets. As a result of this favourable legal and regulatory environment and its customer-oriented and flexible approach to the securities industry, the Luxembourg Stock Exchange (the LuxSE) has become an attractive international marketplace.
6º Resseguro - BREXIT: Seus Efeitos para os Mercados - Daniel RevillaCNseg
Palestra apresentada por Daniel Revilla no 6º Encontro de Resseguro do Rio de Janeiro, realizado nos dias 5 e 6 de abril de 2017, no hotel Sofitel Copacabana.
Norton rose fulbright presentation islamic financends_909
This document summarizes legal trends in Islamic and conventional real estate finance in the UK over the past 12 months. It discusses the competitive real estate market environment and return of aggressive lending. While due diligence remains important, there are concerns the market could be heading towards another downturn. Islamic finance structures like commodity murabaha and some hybrid structures are still commonly used. The document also outlines recent UK regulatory developments in areas like banking reform and efforts to improve market standards.
Correspondent banking allows banks to conduct business and provide services in foreign countries where they do not have a physical presence. A correspondent bank acts on behalf of another bank, usually handling transactions internationally. This network facilitates international trade and finance. For example, a US importer can purchase goods from a Dutch exporter by transferring funds from their US bank account, through the US bank's correspondent account at a Dutch bank, to pay the Dutch exporter directly in euros. The correspondent banking relationship and networks allow for efficient currency exchange and money transfers globally.
The New York Stock Exchange (NYSE) is located in New York City and was founded in 1817. It is owned by NYSE Euronext and has over 2,800 listed companies with a total market capitalization of $13.39 trillion. Some key events in NYSE's history include moves to new locations, the crashes of 1929 and 1987, and mergers with Euronext and Deutsche Börse that made it the world's largest stock exchange operator.
The document outlines key developments in 2015 that advanced the internationalization of the Chinese renminbi (RMB), including the IMF's decision to include the RMB in its Special Drawing Rights basket. It provides a timeline of policy changes by China between 2003-2015 that expanded RMB usage globally and a map noting locations where RMB clearing arrangements and trading launched in 2015, demonstrating the growing footprint of the Chinese currency worldwide.
Darren Michael Fox has over 20 years of experience in securities trading and private banking. He currently works as a Multi-Asset Securities Dealer for Credit Suisse Private Banking in London, where he provides order management for over £16 billion in assets under management. Previously, he held leadership roles managing securities trading teams for Yorkshare and Dealwise. He holds qualifications from the Chartered Institute for Securities & Investment and Securities & Investment Institute.
Listing of bonds on the Luxembourg Stock ExchangeLoyens & Loeff
Over the years Luxembourg has become a renowned financial centre, with an innovative and favourable legal and tax framework tailored in response to the ever growing interest in its securities markets. As a result of this favourable legal and regulatory environment and its customer-oriented and flexible approach to the securities industry, the Luxembourg Stock Exchange (the LuxSE) has become an attractive international marketplace.
Listing of shares on the Luxembourg Stock ExchangeLoyens & Loeff
Over the years Luxembourg has become a renowned financial centre, with an innovative and favourable legal and tax framework tailored in response to the ever growing interest in its securities markets. As a result of this favourable legal and regulatory environment and its customer-oriented and flexible approach to the securities industry, the Luxembourg Stock Exchange (the LuxSE) has become an attractive international marketplace.
6º Resseguro - BREXIT: Seus Efeitos para os Mercados - Daniel RevillaCNseg
Palestra apresentada por Daniel Revilla no 6º Encontro de Resseguro do Rio de Janeiro, realizado nos dias 5 e 6 de abril de 2017, no hotel Sofitel Copacabana.
Norton rose fulbright presentation islamic financends_909
This document summarizes legal trends in Islamic and conventional real estate finance in the UK over the past 12 months. It discusses the competitive real estate market environment and return of aggressive lending. While due diligence remains important, there are concerns the market could be heading towards another downturn. Islamic finance structures like commodity murabaha and some hybrid structures are still commonly used. The document also outlines recent UK regulatory developments in areas like banking reform and efforts to improve market standards.
Correspondent banking allows banks to conduct business and provide services in foreign countries where they do not have a physical presence. A correspondent bank acts on behalf of another bank, usually handling transactions internationally. This network facilitates international trade and finance. For example, a US importer can purchase goods from a Dutch exporter by transferring funds from their US bank account, through the US bank's correspondent account at a Dutch bank, to pay the Dutch exporter directly in euros. The correspondent banking relationship and networks allow for efficient currency exchange and money transfers globally.
The New York Stock Exchange (NYSE) is located in New York City and was founded in 1817. It is owned by NYSE Euronext and has over 2,800 listed companies with a total market capitalization of $13.39 trillion. Some key events in NYSE's history include moves to new locations, the crashes of 1929 and 1987, and mergers with Euronext and Deutsche Börse that made it the world's largest stock exchange operator.
The document outlines key developments in 2015 that advanced the internationalization of the Chinese renminbi (RMB), including the IMF's decision to include the RMB in its Special Drawing Rights basket. It provides a timeline of policy changes by China between 2003-2015 that expanded RMB usage globally and a map noting locations where RMB clearing arrangements and trading launched in 2015, demonstrating the growing footprint of the Chinese currency worldwide.
Darren Michael Fox has over 20 years of experience in securities trading and private banking. He currently works as a Multi-Asset Securities Dealer for Credit Suisse Private Banking in London, where he provides order management for over £16 billion in assets under management. Previously, he held leadership roles managing securities trading teams for Yorkshare and Dealwise. He holds qualifications from the Chartered Institute for Securities & Investment and Securities & Investment Institute.
This document discusses Meest Cargo Net, an international consolidated transportation service for small B2B loads. Meest Cargo Net is a project implemented by Rosan-Global LLC, which is part of the Meest Group. Meest Group is one of the major financial and industrial groups in Western Ukraine, established in 1992 as a subsidiary of Meest Corporation Inc. based in Toronto, Canada. Meest Cargo Net offers competitive prices and flexible rates for delivery of legal entity loads anywhere in Ukraine, as well as real-time tracking and short delivery times. The marketing plan outlines spending over two years to promote the service through its website, SEO optimization, Google AdWords, emails, and printed materials.
Euro shorts 12.06.15 including mansion house speech 2015 and BOE Carney targe...Cummings
The document provides a summary of recent developments in the financial services industry in Europe. It discusses George Osborne's speech on the UK's renegotiation of EU membership and the sale of shares in the Royal Bank of Scotland. It also mentions Mark Carney calling for longer prison sentences for bankers who break the law. Finally, it summarizes other regulatory developments and reports from the European Commission, Bank of England, and IMF regarding Greece's bailout talks.
The London Stock Exchange is located in London, UK and was founded in 1801. It began as brokers and dealers congregating in coffee houses to trade shares and has grown to be one of the largest stock exchanges in the world. The London Stock Exchange has two main markets - the premium listed Main Market that caters to large companies, and the Alternative Investment Market for smaller companies. It lists over 3,000 companies and has a total market capitalization in excess of $10 trillion making it the largest stock exchange in Europe.
This document provides information about Swiss banks. It establishes that Swiss banks were founded in 1862 and are regulated by FINMA. They have headquarters in Zurich and Basel, and seven major offices worldwide including four in the US, one in London, Tokyo, and Hong Kong. To open an account, one must be over 18, the minimum opening balance is $250,000, and fees vary by transaction type. India has the most money ($1.456 billion) stored in Swiss banks, followed by Russia, UK, Ukraine, and China. Recent news indicates Switzerland will publish its first list of dormant assets in Swiss banks in December 2015.
Its a common question for all ''How swiss banks works' ? Here is the description about the SWISS BANKING which gives powerful information about all the structures and business. Content includes start up and present scenario about the banking in swiss.
The Helsinki Stock Exchange is located in Helsinki, Finland and is now part of NASDAQ OMX Helsinki. It saw its first transaction in 1912 and uses an electronic trading system. Over time, it merged with other Finnish exchanges and clearing houses. The main stock index is the OMX Helsinki 25, which tracks the 25 most traded companies on the Helsinki Stock Exchange. Trading hours are from 10:00am to 6:30pm from Monday to Friday.
Legal shorts 21.10.16 including criminal finances bill introduced and mld4Cummings
Welcome to Legal Shorts, a short briefing on some of the week’s developments in the financial services industry.
If you would like to discuss any of the points we raise below, please contact me or one of our other lawyers.
Claire Cummings
020 7585 1406
claire.cummings@cummingslaw.com
www.cummingslaw.com
Borsa İstanbul hosts the 19th Annual Conference of the Association of Futures Markets (AFM) in Istanbul, Turkey in April 2016. AFM is a non-profit organization comprised mostly of developing securities exchanges, clearing houses, and IT vendors from around the world. The conference will provide an opportunity to meet representatives from AFM member organizations, discuss important issues in emerging markets, and establish new partnerships. More details about the conference will be made available on the AFM website in the next 1-2 months.
The Luxembourg Stock Exchange is located in Luxembourg City. It specializes primarily in listing international bonds and is ranked first in Europe for bond listings. Some key facts:
- The Chairman is Frank Wagener and CEO is Robert Scharfe.
- It has pre-opening sessions from 7:15am to 9am and normal trading from 9am to 5:35pm Monday to Friday.
- It was established in 1927 and entered an agreement with Euronext in 2000.
- In 2016 it listed its 100th Green bond. It was also the first exchange to list a Eurobond in 1963.
Capital V #8 Building an Onshore Hub for Private EquityLPEA
Featured articles:
LPEA on Brexit
Venture Capital in Luxembourg
Avishai Avrahami (Wix): How to create a $1bn Start-up
Reform of Luxembourg Corporate Law: What’s in it for you ?
Common Reporting Standards
Interview with Michael Phillips, Castik Capital
Alternative Investments in (Luxembourg) Insurance
Digital Customer due diligence is the way forward
2015 Update to IPEV Valuation Guidelines
Leading domicile for Microfinance Investments Funds
The German PE Market in 2015
The evolving role of Fashion in the Luembourg business world
Market Figures
SecFinex products to be cleared by BNP Paribas Securities ServicesStephan Sanner
SecFinex, the NYSE Euronext owned browser-based, online
trading platform allowing securities finance professionals to trade electronically in the securities lending
market, today announced that BNP Paribas Securities Services will become a General Clearing Member
(GCM) of its platform.
Capital V #3 After Skype, Wix! A Nasdaq IPO Success LPEA
The Luxembourg market has successfully transitioned to comply with the new AIFMD law by adopting legislation in July 2013. While some EU member states have yet to implement AIFMD, Luxembourg has authorized 3 AIFMs so far. The CSSF regulatory authority is actively involved in helping shape AIFMD guidance at the EU level through ESMA. As the deadline for full compliance is July 2014, AIFs are advised to comply with AIFMD requirements as soon as possible. Key advantages for Luxembourg include its experience in cross-border distribution of funds and established reputation in the global fund industry.
Luxembourg has developed into a leading international financial center over the past 60 years. It began capitalizing on opportunities arising from the development of the European single market in the 1960s, pioneering cross-border financial products and services. Luxembourg played a key role in establishing the Eurobond market and developed complementary expertise in banking, investment funds, wealth management, and insurance. The financial center has grown in a stable and diversified manner, attracting global financial institutions. Luxembourg was also the first country to adopt UCITS rules in the 1980s, allowing it to become the preeminent center for cross-border fund distribution in Europe and beyond, with over €3.5 trillion in assets under management today.
China has become the second-largest economy worldwide. The country’s equity market ranks second, and its fixed income market ranks third among world markets. What are the options for investment funds and institutional investors to access these markets? Will they further open to foreign investors? Join us for an educational discussion around the “Dos and Don’ts” of accessing the Chinese capital markets.
The document discusses ambitions for Luxembourg's financial sector over the next 5 years. It outlines how Luxembourg has built a successful financial center since the 19th century by leveraging its multilingual workforce and responsiveness to clients. Key strengths that position Luxembourg for continued growth include its expertise, economic openness, and diversity. The vision is for sustainable growth building on strengths in private banking, funds, insurance, payments, and innovation.
Capital V #3 After Skype, Wix! A Nasdaq IPO SuccessLuis Galveias
The article discusses Mangrove Capital Partners' success with the IPO of Wix on the NASDAQ in November 2013. Mangrove is a Luxembourg-based venture capital firm that is famous for its role in the Skype success story. The article provides key figures for Wix, which now has 40 million users, 576 employees and a value of over $800 million. It then interviews Hans-Jürgen Schmitz, Mangrove's co-founder and managing partner, who discusses how Mangrove first got involved with Wix in 2007 after being approached about the company during an exploration of the Israeli market. Mangrove purchased an initial stake in Wix and later led a financing round.
This document summarizes the key findings of PwC Luxembourg's 2016 Luxembourg Fund Governance Survey. Some of the main points covered include:
- The survey had a record number of 124 participants, a 50% increase from 2014, showing greater focus on governance issues.
- On average, fund and management company boards in Luxembourg have 4-6 members including the chairman.
- An overwhelming majority of boards now appoint a permanent chairman rather than rotating the role, except for some alternative funds.
- There is greater emphasis on board diversity in terms of experience, skills, gender and independence. Digitalization and cybersecurity are emerging issues.
The survey looked at various aspects of board composition
Tokenizing SME Equity - An Introduction to the Legal Classification and Techn...Daan Maasson
In this report, we explore how enterprises can raise funds by issuing their equity using blockchain technology and cryptographic tokens. We clarify the legal classification of 'tokenized' equity in context of European and Dutch regulation and summarize the technological implications of this new means of fundraising. Further, we cover topics such as shareholder voting and dividend payments via blockchain technology, and discuss the advantages and disadvantages of tokenized securities (also called: smart securities, security tokens, tokenized equity, digital securities, equity tokens).
This report, written by Infloat and Watson Law, provides a solid base for enterprises to identify a potential value-add of tokenized equity for their venture. Schedule a call with us via contact@infloat.co and lets discuss the exact opportunities of tokenized equity for your business.
All the best,
Daan
This document provides a summary of the growth of Ucits funds over the past 30 years since their inception in 1988. Some key points:
- Ucits assets have grown from €300 billion to nearly €10 trillion currently, with the potential to reach over €42 trillion by 2048 if growth continues at 5% annually.
- Luxembourg was the first country to implement Ucits in 1988 and has since become the largest domicile for these funds, currently housing 36% of Ucits assets.
- Ucits proved resilient through two market crises but ultimately resulted in new investors appreciating the regulatory benefits. Cross-border distribution is now integral to the regime.
- Despite
This document discusses Meest Cargo Net, an international consolidated transportation service for small B2B loads. Meest Cargo Net is a project implemented by Rosan-Global LLC, which is part of the Meest Group. Meest Group is one of the major financial and industrial groups in Western Ukraine, established in 1992 as a subsidiary of Meest Corporation Inc. based in Toronto, Canada. Meest Cargo Net offers competitive prices and flexible rates for delivery of legal entity loads anywhere in Ukraine, as well as real-time tracking and short delivery times. The marketing plan outlines spending over two years to promote the service through its website, SEO optimization, Google AdWords, emails, and printed materials.
Euro shorts 12.06.15 including mansion house speech 2015 and BOE Carney targe...Cummings
The document provides a summary of recent developments in the financial services industry in Europe. It discusses George Osborne's speech on the UK's renegotiation of EU membership and the sale of shares in the Royal Bank of Scotland. It also mentions Mark Carney calling for longer prison sentences for bankers who break the law. Finally, it summarizes other regulatory developments and reports from the European Commission, Bank of England, and IMF regarding Greece's bailout talks.
The London Stock Exchange is located in London, UK and was founded in 1801. It began as brokers and dealers congregating in coffee houses to trade shares and has grown to be one of the largest stock exchanges in the world. The London Stock Exchange has two main markets - the premium listed Main Market that caters to large companies, and the Alternative Investment Market for smaller companies. It lists over 3,000 companies and has a total market capitalization in excess of $10 trillion making it the largest stock exchange in Europe.
This document provides information about Swiss banks. It establishes that Swiss banks were founded in 1862 and are regulated by FINMA. They have headquarters in Zurich and Basel, and seven major offices worldwide including four in the US, one in London, Tokyo, and Hong Kong. To open an account, one must be over 18, the minimum opening balance is $250,000, and fees vary by transaction type. India has the most money ($1.456 billion) stored in Swiss banks, followed by Russia, UK, Ukraine, and China. Recent news indicates Switzerland will publish its first list of dormant assets in Swiss banks in December 2015.
Its a common question for all ''How swiss banks works' ? Here is the description about the SWISS BANKING which gives powerful information about all the structures and business. Content includes start up and present scenario about the banking in swiss.
The Helsinki Stock Exchange is located in Helsinki, Finland and is now part of NASDAQ OMX Helsinki. It saw its first transaction in 1912 and uses an electronic trading system. Over time, it merged with other Finnish exchanges and clearing houses. The main stock index is the OMX Helsinki 25, which tracks the 25 most traded companies on the Helsinki Stock Exchange. Trading hours are from 10:00am to 6:30pm from Monday to Friday.
Legal shorts 21.10.16 including criminal finances bill introduced and mld4Cummings
Welcome to Legal Shorts, a short briefing on some of the week’s developments in the financial services industry.
If you would like to discuss any of the points we raise below, please contact me or one of our other lawyers.
Claire Cummings
020 7585 1406
claire.cummings@cummingslaw.com
www.cummingslaw.com
Borsa İstanbul hosts the 19th Annual Conference of the Association of Futures Markets (AFM) in Istanbul, Turkey in April 2016. AFM is a non-profit organization comprised mostly of developing securities exchanges, clearing houses, and IT vendors from around the world. The conference will provide an opportunity to meet representatives from AFM member organizations, discuss important issues in emerging markets, and establish new partnerships. More details about the conference will be made available on the AFM website in the next 1-2 months.
The Luxembourg Stock Exchange is located in Luxembourg City. It specializes primarily in listing international bonds and is ranked first in Europe for bond listings. Some key facts:
- The Chairman is Frank Wagener and CEO is Robert Scharfe.
- It has pre-opening sessions from 7:15am to 9am and normal trading from 9am to 5:35pm Monday to Friday.
- It was established in 1927 and entered an agreement with Euronext in 2000.
- In 2016 it listed its 100th Green bond. It was also the first exchange to list a Eurobond in 1963.
Capital V #8 Building an Onshore Hub for Private EquityLPEA
Featured articles:
LPEA on Brexit
Venture Capital in Luxembourg
Avishai Avrahami (Wix): How to create a $1bn Start-up
Reform of Luxembourg Corporate Law: What’s in it for you ?
Common Reporting Standards
Interview with Michael Phillips, Castik Capital
Alternative Investments in (Luxembourg) Insurance
Digital Customer due diligence is the way forward
2015 Update to IPEV Valuation Guidelines
Leading domicile for Microfinance Investments Funds
The German PE Market in 2015
The evolving role of Fashion in the Luembourg business world
Market Figures
SecFinex products to be cleared by BNP Paribas Securities ServicesStephan Sanner
SecFinex, the NYSE Euronext owned browser-based, online
trading platform allowing securities finance professionals to trade electronically in the securities lending
market, today announced that BNP Paribas Securities Services will become a General Clearing Member
(GCM) of its platform.
Capital V #3 After Skype, Wix! A Nasdaq IPO Success LPEA
The Luxembourg market has successfully transitioned to comply with the new AIFMD law by adopting legislation in July 2013. While some EU member states have yet to implement AIFMD, Luxembourg has authorized 3 AIFMs so far. The CSSF regulatory authority is actively involved in helping shape AIFMD guidance at the EU level through ESMA. As the deadline for full compliance is July 2014, AIFs are advised to comply with AIFMD requirements as soon as possible. Key advantages for Luxembourg include its experience in cross-border distribution of funds and established reputation in the global fund industry.
Luxembourg has developed into a leading international financial center over the past 60 years. It began capitalizing on opportunities arising from the development of the European single market in the 1960s, pioneering cross-border financial products and services. Luxembourg played a key role in establishing the Eurobond market and developed complementary expertise in banking, investment funds, wealth management, and insurance. The financial center has grown in a stable and diversified manner, attracting global financial institutions. Luxembourg was also the first country to adopt UCITS rules in the 1980s, allowing it to become the preeminent center for cross-border fund distribution in Europe and beyond, with over €3.5 trillion in assets under management today.
China has become the second-largest economy worldwide. The country’s equity market ranks second, and its fixed income market ranks third among world markets. What are the options for investment funds and institutional investors to access these markets? Will they further open to foreign investors? Join us for an educational discussion around the “Dos and Don’ts” of accessing the Chinese capital markets.
The document discusses ambitions for Luxembourg's financial sector over the next 5 years. It outlines how Luxembourg has built a successful financial center since the 19th century by leveraging its multilingual workforce and responsiveness to clients. Key strengths that position Luxembourg for continued growth include its expertise, economic openness, and diversity. The vision is for sustainable growth building on strengths in private banking, funds, insurance, payments, and innovation.
Capital V #3 After Skype, Wix! A Nasdaq IPO SuccessLuis Galveias
The article discusses Mangrove Capital Partners' success with the IPO of Wix on the NASDAQ in November 2013. Mangrove is a Luxembourg-based venture capital firm that is famous for its role in the Skype success story. The article provides key figures for Wix, which now has 40 million users, 576 employees and a value of over $800 million. It then interviews Hans-Jürgen Schmitz, Mangrove's co-founder and managing partner, who discusses how Mangrove first got involved with Wix in 2007 after being approached about the company during an exploration of the Israeli market. Mangrove purchased an initial stake in Wix and later led a financing round.
This document summarizes the key findings of PwC Luxembourg's 2016 Luxembourg Fund Governance Survey. Some of the main points covered include:
- The survey had a record number of 124 participants, a 50% increase from 2014, showing greater focus on governance issues.
- On average, fund and management company boards in Luxembourg have 4-6 members including the chairman.
- An overwhelming majority of boards now appoint a permanent chairman rather than rotating the role, except for some alternative funds.
- There is greater emphasis on board diversity in terms of experience, skills, gender and independence. Digitalization and cybersecurity are emerging issues.
The survey looked at various aspects of board composition
Tokenizing SME Equity - An Introduction to the Legal Classification and Techn...Daan Maasson
In this report, we explore how enterprises can raise funds by issuing their equity using blockchain technology and cryptographic tokens. We clarify the legal classification of 'tokenized' equity in context of European and Dutch regulation and summarize the technological implications of this new means of fundraising. Further, we cover topics such as shareholder voting and dividend payments via blockchain technology, and discuss the advantages and disadvantages of tokenized securities (also called: smart securities, security tokens, tokenized equity, digital securities, equity tokens).
This report, written by Infloat and Watson Law, provides a solid base for enterprises to identify a potential value-add of tokenized equity for their venture. Schedule a call with us via contact@infloat.co and lets discuss the exact opportunities of tokenized equity for your business.
All the best,
Daan
This document provides a summary of the growth of Ucits funds over the past 30 years since their inception in 1988. Some key points:
- Ucits assets have grown from €300 billion to nearly €10 trillion currently, with the potential to reach over €42 trillion by 2048 if growth continues at 5% annually.
- Luxembourg was the first country to implement Ucits in 1988 and has since become the largest domicile for these funds, currently housing 36% of Ucits assets.
- Ucits proved resilient through two market crises but ultimately resulted in new investors appreciating the regulatory benefits. Cross-border distribution is now integral to the regime.
- Despite
The Hong Kong Stock Exchange (HKEX) is located in Hong Kong and is Asia's third largest stock exchange. It operates stock and futures markets and is the sixth largest exchange in the world. The HKEX holds companies like The Stock Exchange of Hong Kong and the Hong Kong Futures Exchange. The benchmark stock index is the Hang Seng Index (HSI), which started tracking shares in 1969. The exchange uses an electronic order-driven trading system and operates in morning and afternoon sessions with a lunch break. Key regulators include the Hong Kong Monetary Authority and the Securities and Futures Commission. The exchange offers stocks, bonds, funds and other products for trading.
Asset management in Europe_The case for reform-DigitalToby Illingworth
The asset management industry plays a key role in Europe's economy by raising money from investors and reinvesting it across a wide range of activities. It accounted for 29% of global assets under management in 2012. Asset managers help encourage economic investment across Europe by investing over €6 trillion in assets in 2013. This benefits the over 22.5 million European households that are invested in mutual funds. A sound and vibrant asset management industry is important for economic growth in Europe as banks continue to de-risk.
Exchanges are regulated marketplaces where investors can buy and sell different financial instruments at transparent prices. They facilitate capital raising for companies and provide investment opportunities for investors. Specifically, exchanges:
1) Bring companies and investors together enabling companies to raise capital and investors to invest in a wide range of securities.
2) Create a central market to match buyers and sellers, establish trustworthy prices, and disseminate pricing information.
3) Promote economic growth and innovation by facilitating access to capital for companies of all sizes.
The European Commission is consulting on barriers to the cross-border distribution of investment funds in the EU. Currently, funds face varying national marketing requirements across Member States, with costs associated with researching each state's rules and adapting fund materials. The consultation seeks feedback on regulatory and tax barriers, including differing definitions of marketing, marketing requirements imposed by host states, and notification processes. The Commission aims to identify unjustified barriers and increase cross-border competition to benefit investors. Responses will inform Commission efforts to improve the single market for investment products under the Capital Markets Union initiative.
Luxembourg investment climate - Main tax featuresLoyens & Loeff
The aim of this booklet is to high-light the crucial features of doing business in Luxembourg together with a snapshot of the main tax features. It also gives sufficient background to facilitate communications with tax counsel in Luxembourg.
The Loyens & Loeff series on Investment Climate consists of four separate booklets, one for each of our home markets: the Netherlands, Belgium, Luxembourg and Switzerland.
This guide is being published in the context of recent transformations in insolvency law in Europe, marked by two major anticipated events.
The first event is the application, as of 26 June 2017, of the EU regulation on insolvency of 2000, reformed in 2015, which strengthens, in particular, (i) the cooperation among national courts and among court-appointed insolvency practitioners, and (ii) the coordination of the different types of procedures available to groups in distress for greater efficiency.
The second event comes on the heels of the 16 January 2017 transmission to the European Parliament Legal Affairs Committee of the proposal, dated 22 November 2016, for a directive of the European Commission supporting the ambitious yet realistic project of harmonizing the 28 national insolvency laws based on 3 unifying themes: (i) the promotion of early restructuring tools for companies in distress to minimize insolvencies and thereby the elimination of jobs, (ii) the strengthening of the efficiency of insolvency proceedings in the interests of creditors, and finally (iii) the right to a second chance for bankrupted but honest entrepreneurs to allow them to bounce back.
These two major events will reduce legal obstacles and eliminate discrepancies among the various national insolvency laws to give finally more predictability to banks and investors, thus enhancing the attractiveness and competitiveness of Europe and, ultimately, encouraging employment. This guide helps the reader to understand the functioning of European insolvency law, the objectives of harmonization at the national level among European countries, and the different amicable procedures (early restructuring) and judicial proceedings (insolvency) applicable in each of the 19 participating countries. Stéphanie Chatelon and Arnaud Pédron from the Taj law firm lead the Insolvency Group, the international working group of the Deloitte Legal network, which brings together more than 50 lawyers specialized in insolvency law from 21 European law firms affiliated or unaffiliated with Deloitte in 19 European countries (both members and non-members of the EU).
Exchanges are regulated marketplaces where investors can buy and sell different financial instruments at transparent prices. They facilitate capital raising for companies and provide investment opportunities for investors. Specifically, exchanges:
1) Bring companies and investors together enabling companies to raise capital by issuing shares and bonds, and investors to trade these instruments.
2) Establish prices for financial instruments through the interaction of buyers and sellers, providing transparency.
3) Promote economic growth and innovation by facilitating access to capital for companies, including small and medium enterprises.
181115 what are-exchanges-final-(2)-(1)-1-18remiberland
1. Exchanges are regulated marketplaces where investors can buy and sell different financial instruments at transparent prices. They facilitate capital raising for companies and provide investment opportunities for investors.
2. Exchanges match buyers and sellers and help determine fair prices through open competition. They also promote transparency through disclosure requirements for listed companies.
3. Exchanges support economic growth by enabling companies to access public capital markets and by providing investors opportunities to invest in companies. They also play a role in financing sustainability initiatives.
1) The document discusses options for international holding structures facing financial difficulties, including restructuring through a Luxembourg company (Luxco).
2) It outlines how a Luxco can safeguard shareholder interests during negotiations by carefully reviewing legal obligations and bankruptcy risks. Enforcement of pledges over Luxco shares is also effective under Luxembourg law.
3) The document discusses the possibility of shifting a holding structure's "COMI" (center of main interests) to a more favorable jurisdiction like the UK for reorganization instead of Luxembourg liquidation. Any COMI shift would need to pass a "reality test" and not be fraudulent or abusive.
Classement de l'opacité financière selon Tax Justice NetworkPaperjam_redaction
Luxembourg ranks 6th on the 2020 Financial Secrecy Index due to its moderately secretive financial system (secrecy score of 55) and large share (over 12%) of the global offshore financial services market. Although Luxembourg has improved transparency in recent years and joined some international transparency initiatives, it remains an important secrecy jurisdiction and offshore financial center, hosting a range of activities that can enable financial misconduct elsewhere. Luxembourg has a long history of cultivating a secretive offshore financial sector and still plays a major role in facilitating corporate tax avoidance.
Similar to Getting the Deal Through - Debt Capital Markets 2017 (20)
Meyer's newsletter - Benelux Contribution Edition July 2018Loyens & Loeff
This document summarizes recent developments regarding health claims and food law across several European countries. It includes articles on national case law and administrative practices related to health claims in Belgium, Croatia, Denmark, Germany, Luxembourg, Netherlands, Poland, Spain, Sweden, France, Lithuania, and Slovenia. The articles describe court rulings and regulatory agency decisions addressing issues like what constitutes a health claim, requirements for authorized claims, and sanctions for noncompliance. Overall, the newsletter aims to provide a useful overview of how different countries are applying and interpreting regulations on health claims.
This document outlines key accounting, tax compliance and reporting deadlines in Luxembourg. It provides the statutory filing deadline of 31 December 2018 for 2017 financial statements and tax returns. It also lists the deadlines for FATCA, CRS and country-by-country reporting requirements for financial institutions and multinational enterprise groups. Missing certain deadlines, such as one set by a filing injunction issued by the tax authorities, may result in fines being imposed.
Luxembourg has developed into the second largest fund centre in the world. This success has been driven mainly by Luxembourg’s positioning as the leading jurisdiction for retail funds and undertakings for collective investment. A second pillar of funds has been developing markedly, namely investment funds focusing on so-called alternative asset classes, including private equity, real estate/infrastructure and debt, dedicated to a sophisticated and/or institutional/professional investor base.
- The document summarizes recent tax law developments in the European Union. Key points include:
- EU Member States agreed on rules to tackle "hybrid mismatches" between tax structures of EU and non-EU countries. This will impact many existing corporate structures.
- The Netherlands Supreme Court referred preliminary questions to the EU Court of Justice regarding whether denying refunds of dividend withholding tax to non-resident investment funds discriminates against them compared to Dutch funds.
- The EU Court of Justice ruled that a non-resident individual receiving 60% of income in the Netherlands should be allowed to deduct losses from a property in their country of residence, Spain, from their Dutch taxable income.
Luxembourg has been at the forefront of the financial markets’ and the structured finance’s trends and evolutions. Over the years, it grew to become a hub for securitisation and structured finance transactions with one of the world’s safest business environment, notably as a result of its financial, political and social stability and innovative approach towards the financial sector. Issuers and investors in Luxembourg benefit from strong and stable regulatory and tax frameworks, in line with European Union directives and regulations.
Le nouvel atout du Luxembourg : un droit des sociétés moderniséLoyens & Loeff
Le cadre légal du Grand-Duché du Luxembourg est guidé par les directives de l’Union européenne, mais son législateur
a su créer un environnement souple et sûr qui a contribué au succès de sa place financière. C’est dans un contexte de redistribution
des cartes (Brexit, paquet sur la lutte contre l’évasion fiscale), que l’on peut se demander s’il a les atouts pour devenir
la principale place financière de l’Union.
Transfer pricing is currently the biggest tax issue facing multinational businesses as tax authorities seek to establish and enforce new guidelines and regulations. Loyens & Loeff provides integrated solutions on all relevant transfer pricing issues across markets and borders. Their services include transfer pricing planning and strategy, dispute resolution, and documentation. They take a pragmatic approach that integrates their transfer pricing expertise with other legal and tax practices to offer fully rounded responses to clients.
Fiscale compliance is méér dan het tijdig indienen van een juiste aangifte. Voor uw onderneming is het van groot belang te weten wat de fiscale risico’s zijn en hoe die moeten worden opgenomen in de financiële verslaglegging. Het betekent dat u de fiscale functie binnen uw onderneming in de grip heeft en het management
fiscaal volledig ‘in control’ is.
Corporate Social Responsibility Review - Loyens & LoeffLoyens & Loeff
We are proud to introduce this review, which gives an insight into just some of the ways in which we have begun to make a positive contribution to society in recent years.
Fokes auf Deutschland - Loyens & Loeff German DeskLoyens & Loeff
Der German Desk umfasst insgesamt etwa fünfundzwanzig Rechtsanwälte, Steuerberater und Notare, die in den verschiedenen Loyens & Loeff-Büros tätig sind. Die Mitglieder des German Desks sind auf grenzüberschreitende Tätigkeiten zwischen Deutschland und den Beneluxstaaten spezialisiert. Sie sprechen Deutsch und kennen sich auf dem deutschen Markt sowie mit den Gepflogenheiten gut aus.
Werken buiten Nederland heeft doorgaans verstrekkende gevolgen voor de desbetreffende werknemer en zijn eventuele gezinsleden. Er zijn vele aspecten aan verbonden, onder meer op het terrein van het arbeidsrecht, de belastingen en sociale verzekeringen. In deze brochure wordt ingegaan op deze aspecten van het werken buiten Nederland. Met name wordt aandacht besteed aan de positie van een werknemer die door zijn (Nederlandse) werkgever voor korte of langere duur naar het buitenland wordt uitgezonden. De inhoud van deze uitgave is gebaseerd op de regelgeving, zoals deze geldt per 1 januari 2016.
Wij hebben gekozen voor een opzet, waarbij de onderwerpen slechts globaal worden behandeld. Het is daarom aan te bevelen met uw eigen adviseur te overleggen of bepaalde maatregelen moeten worden genomen.
De inhoud van deze brochure is met grote zorg samengesteld. Loyens & Loeff N.V. aanvaardt echter geen aansprakelijkheid voor de gevolgen die kunnen ontstaan als iemand zonder haar medewerking van deze brochure gebruik maakt.
De relatie tussen de werkgever en werknemer is voortdurend onderhevig aan veranderingen op het gebied van het arbeidsrecht, loonheffingen en pensioen. In onze jaarlijkse editie van Werkgever Alert geven wij alle wijzigingen en aanpassingen die in het betrokken jaar op genoemde gebieden van kracht worden alsmede de nieuwe cijfers, tarieven en tabellen. Wij nemen voor deze editie de stand van de regelgeving op 1 januari 2016 tot uitgangspunt.
The Belgian investment climate - Main tax featuresLoyens & Loeff
The aim of this booklet is to high-light the crucial features of doing business in Belgium together with a snapshot of the main tax features. It also gives sufficient background to facilitate communications with tax counsel in Belgium.
The Loyens & Loeff series on Investment Climate consists of four separate booklets, one for each of our home markets: the Netherlands, Belgium, Luxembourg and Switzerland.
The Swiss investment climate - Main tax featuresLoyens & Loeff
The aim of this booklet is to high-light the crucial features of doing business in Switzerland together with a snapshot of the main tax features. It also gives sufficient background to facilitate communications with tax counsel in Switzerland.
The Loyens & Loeff series on Investment Climate consists of four separate booklets, one for each of our home markets: the Netherlands, Belgium, Luxembourg and Switzerland.
The Netherlands investment climate - Main tax featuresLoyens & Loeff
The aim of this booklet is to high-light the crucial features of doing business in the Netherlands together with a snapshot of the main tax features. It also gives sufficient background to facilitate communications with tax counsel in the Netherlands.
The Loyens & Loeff series on Investment Climate consists of four separate booklets, one for each of our home markets: the Netherlands, Belgium, Luxembourg and Switzerland.
Leaflet gemaakt naar aanleiding van het Loyens & Loeff Lunch event ‘Transformatie & Verduurzaming van Vastgoed’ op 3 juni 2015. André Kuipers gaf tijdens dit event een boeiende lezing.
Legal aspects of doing business in the netherlands - 2014Loyens & Loeff
This document provides an overview of legal aspects of doing business in the Netherlands. It discusses establishing an NV or BV company, including incorporation procedures and requirements. It also covers company governance structures like management boards and shareholder meetings. Additional topics include director liability, taxation, employment law, regulatory issues, and resolving corporate conflicts. The document is intended to help foreign investors understand key business law considerations for operating in the Netherlands.
ZIE VOOR EDITIE 2016: http://www.slideshare.net/Loyens_Loeff/werkgever-alert-2016
***
De relatie tussen de werkgever en werknemer is voortdurend onderhevig aan veranderingen op het gebied van het arbeidsrecht, loonheffingen en pensioen. In onze jaarlijkse editie van Werkgever Alert geven wij alle wijzigingen en aanpassingen die in het betrokken jaar op genoemde gebieden van kracht worden alsmede de nieuwe cijfers, tarieven en tabellen. Wij nemen voor deze editie de stand van de regelgeving op 1 januari 2015 tot uitgangspunt.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
SATTA MATKA SATTA FAST RESULT KALYAN TOP MATKA RESULT KALYAN SATTA MATKA FAST RESULT MILAN RATAN RAJDHANI MAIN BAZAR MATKA FAST TIPS RESULT MATKA CHART JODI CHART PANEL CHART FREE FIX GAME SATTAMATKA ! MATKA MOBI SATTA 143 spboss.in TOP NO1 RESULT FULL RATE MATKA ONLINE GAME PLAY BY APP SPBOSS
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
How MJ Global Leads the Packaging Industry.pdfMJ Global
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.