Ethics and governance in the European Financial centers

Archives > 2009-09

09/26/2009

Professionals are moving towards substantial fair communication. Politicians are not yet.

Lobbyists.JPG

I cannot be suspected of being complacent with professionals in Luxembourg .   I would like to underline a substantial change to their communication that deserves being congratulated.   In an interview last week, Jean Jacques Rommes said: " Je crois qu'il y a évidemment une sécurité, une confiance en nous-mêmes qui ont été ébranlées. Nous nous étions ha­bitués, non seulement sur la place financière, mais dans l'économie luxembourgeoise en général, à des chiffres de croissance impression­nants, à des certitudes qui s'avèrent intenables à plus long terme. Je...

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09/25/2009

The words that Claude Kremer, Chairman ALFI, did not say

Claude Kremer, Chairman ALFI, did a very interesting speech  where he announced five initiatives. He did not say anything about the Luxembourg Institute for GLOBAL Financial Integrity. Two hypotheses: - LIGFI is definitely dead despite someone is currently playing online with the website by testing layouts and launching a blog in a very professional way      ...

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09/25/2009

OECD list

Monaco and Switzerland are no longer on the OECD "grey list".   But there is a huge difference : many agreements for Switzerland are with OECD members whereas Monaco signed with many fellow...

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09/24/2009

Islamic finance: the Damocles" sword

09/24/2009

Global Corruption Report 2009: a misleading report

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