Luxembourg for Finance is an agency to promote and development

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

's Financial Centre. The agency is a public-private partnership between the government of Luxembourg and the Luxembourg Financial Industry Federation, led by Nicolas Mackel, which brings together the various trade bodies of the Luxembourg financial sector, such as the Luxembourg Banker’s Association, the Association of the Luxembourg Fund Industry or the Association of Insurance and Reinsurance Companies in Luxembourg.

History

Founded in 2008, the objective of Luxembourg for Finance is to help develop and diversify Luxembourg’s

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

industry, position the financial centre abroad and identify new business opportunities. It connects international investors to the range of financial services provided in Luxembourg, such as

investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...

wealth management Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high- ...

, capital market operations or advisory services.

Rankings

The Luxembourg Financial Centre is ranked as the leading financial centre in the Eurozone and 3rd in Europe after London and Zurich.

References

Finance in Luxembourg Government agencies established in 2008 {{Luxembourg-stub