Ethics and governance in the European Financial centers

Archives > 2009-07

07/31/2009

Only right-minded experts are sought in Luxembourg

Fernand Grulms, who chairs LFF, published an interesting article in German to fustigate the study published by the Cercle de Coopération and fustigate experts or bloggers, of which myself. His article is very telling. He uses the usual smear tactics: take one detail out of the discussion such as an error, a bad translation or faulty grammar, blow it up into a major, major flaw, and use it as a demonstration that the whole study, argument, article or whatever is peinlich, peinlich, peinlich. You don't have to address the real issue anymore. But the issue remains as there...

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07/31/2009

Depositor & Investor Compensation Schemes: Luxembourg v. France v. Belgium

  Figures (in EUR)   As far as investors are concerned, the Directive sets a Community minimum level of compensation per investor of Euro 20 000, while at the same time authorising Member States to provide for a higher level of compensation if they so wish. However, certain categories of investors may be excluded by Member States from the scheme's coverage or may be...

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07/30/2009

Relevant questions

" Aujourd'hui la plupart des pays disposent de textes anti-blanchiment et le blanchiment n'a pas disparu. Ce qui compte c'est la mise en œuvre: quel poids a la personne chargée des vérifications...

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07/30/2009

Swiss authorities investigate bribery accusation in UBS tax case

07/29/2009

New milestone project: A guide of European jurisdictions

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