On 23 March 2023, the Luxembourg parliament adopted a new arbitration regime, ushering in a new era of arbitration. The new law amends a large part of the code of civil procedure and implements a modern and efficient approach of arbitration in line with recent transformations adopted in neighbouring countries. Superseding a 40-year-old regime, the new law sets a balanced code for arbitration proceedings in Luxembourg and the recognition and enforcement of arbitral awards. Luxembourg now has the law required to be fully recognised as an arbitration hub that meets the expectations of local and international players.
In recognition of International Women’s Day, on Tuesday 8 March 2023, the British Chamber of Commerce (BCC) People and Leadership Group, in collaboration with The NETWORK, held an in-person evening event at the offices of ATOZ in Luxembourg’s Aerocenter. This event was an opportunity to hear the story of one of Luxembourg’s most inspirational women: Erna Hennicot-Schoepges. What do Luxembourg’s Philharmonic Orchestra, the Philharmony, the University, and the Rockhal have in common? The answer is: Erna Hennicot-Schoepges. She kept the audience spellbound with her recollections of how she started out in life as a professional pianist, moving into politics in the 1970s, and navigated a stellar political career, while being a mother of three children.
INVITATION FROM STEP BENELUX: Please join us in person at BDO Luxembourg on 28 March 2023 at 16:00 when James Capper and Adam Cox of BDO UK, in conjunction with STEP Benelux and BDO Luxembourg, will be providing a UK tax update.
The Luxembourg legislator and administration have brought several legislative changes impacting the real estate industry in Luxembourg, and further legal initiatives have been announced in draft bills. The Luxembourg Constitutional Courts also issued an important decision.
Leading global investor services group IQ-EQ is pleased to announce the appointment of Ilias Georgopoulos, who is taking up a key position in the Group’s commercial leadership team as Global Head of Private and Institutional Asset Owners. Ilias joins IQ-EQ with over 25 years’ financial services experience, including more than a decade at senior leadership level and with responsibilities spanning the U.S., EMEA and APAC.
ULESS aims to defend and promote the collective interests of social entrepreneurs in Luxembourg and the Greater Region. It is also in charge of the management and awarding of the IMPACT LUXEMBOURG label which was created in order to give more visibility to impact businesses and to support them in promoting their activities in favour of a Social and Solidarity Economy. On Tuesday 21 February 2023, Daniel Tesch, General Manager of ULESS presented the challenges and opportunities of this new market segment.
The British Chamber of Commerce for Luxembourg is delighted to become a fully signed up member of IMS, the premier corporate network in Luxembourg for driving ´people, planet, prosperity´ through smart initiatives such as reducing corporate plastic waste, a busy schedule of workshops and trainings to enable business people in Luxembourg to realise the opportunity of sustainable business, to the annual IMS Luxembourg Sustainability Forum. Through their close collaboration, both organisations aim to create new value and insights on sustainable business for their respective member networks. To find out more and to get involved, visit: IMS Luxembourg: Constant growth and 27 new members - IMS Luxembourg
Press Release, Luxembourg, 20 February 2023 Organised by the Ministry of the Economy, the Luxembourg Chamber of Commerce and FEDIL – The Voice of Luxembourg's Industry, in cooperation with PwC Luxembourg, this year the Journée de l’Economie (JEcolux 2023) encourages discussion on this year's theme, “The current geopolitical tsunami: How can Luxembourg's and Europe's economies stay stable and secure?” The registration for the Journée de l’Economie 2023, taking place in the form of a physical event at the Chamber of Commerce in Luxembourg on 17, April, 2023. is now open.
DLA Piper is proud to announce the hiring of David De Cubber, as counsel and local head of the insurance and reinsurance practice. David brings with him 20 years of knowledge and experience in the industry, and will play a key role in expanding the global firm's services and in strategically positioning the Luxembourg office as a key market participant in that field.
We hope you have all had a great start to the new year! This is the perfect time to reflect on what we've achieved and think about what we want to change for the coming months. As we roll on into 2023, here is one commitment we can all get behind, one that helps our planet: make changes to our carbon footprint.
The European alternative investment funds (AIF) market is one of the fastest growing industries in the financial sector. It is all the more important to keep up to date with developments in this dynamic industry.
The BCC is pleased to announce that in 2023, we will be supporting Rugby Club Luxembourg’s project “Every Bra Counts” - supporting female Rugby playing in Kenya with a donation for sports bras and menstrual cups to allow young women to play sports. Please read on for additional background information about the project.