January monthly E-Newsletter

January 2015 Monthly E-Newsletter

	News   Luxembourg UCITS authorised to use the Shanghai Hong-Kong Stock Connect program   The first Luxembourg UCITS has received authorisation to use the new Shanghai-Hong Kong Stock Connect program, which allows UCITS funds to invest in A-shares listed in Shanghai alongside existing schemes such as QFII and RQFII. Read more   Fitch confirms Luxembourg AAA rating   The agency Fitch has confirmed Luxembourg AAA rating with a stable outlook, highlithing that the country's public finances are a “key rating strength.” Luxembourg continues to benefit from the best credit rating from the three major rating agencies: S&P, Moody's and Fitch. Read more     Luxembourg ranks third in global talent competitiveness   INSEAD, the leading international business school released the 2014 edition of its annual Global Talent Competitiveness Index (GTCI), ranking Luxembourg in 3rd position. A total of 65 indicators have been applied for this edition, across 93 countries worldwide. Read more     Luxembourg City in the top 10 of the most “livable” cities   Ranked 6th out of 64 in an international study, Luxembourg City outdoes New York (17th), Paris (13th), Tokyo (18th) or even London (22nd) in the Global Liveable Cities Index (GLCI), an international ranking of the cities with the best living standards. Read more     Luxembourg showcases its expertise in Asia   A financial delegation led by Minister of Finance Pierre Gramegna visited Asia stopping in South Korea, Japan and at the Asian Financial Forum in Hong Kong to promote Luxembourg’s expertise in international finance. Read more     Luxembourg-based bank CBP Quilvest opens branch in Belgium   CBP Quilvest SA bank, headquartered in Luxembourg, opened a branch in Ghent in late 2014 under the name of CBP Quilvest Belgium. This opening marks a further logical step in the strategic development of Quilvest Wealth Management. Read more     BIL and KBL epb agree private banking transactions in Belgium and Switzerland   Banque internationale à Luxembourg (BIL) and KBL European Private Bankers (KBL), both headquartered in Luxembourg, announced that they have entered into two agreements regarding their activities in Switzerland and Belgium. Read more