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Small countries attached to large banks
Financial regulation is a political and institutional matter as well as an economic one. Though this might sound obvious, a lot of discourse in the last 30 years has attempted to take out the first two. This is the view of Mark Thatcher, professor at the London School of Economics. In his speech at the summit on Financial Innovation in Luxembourg, he spoke about the pressure for change European regulation is facing.
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Bring down the barriers
An open international trade and investment environment is fundamental to foster economic growth, job creation and prosperity. These conditions are particularly present in Hong Kong, Singapore and Luxembourg, leading the Open Markets Index (OMI) by the International Chamber of Commerce.
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First edition of the Sustainable Finance Forum
Policymakers and industry leaders from the European sustainable finance community gathered in Luxembourg on 30 May for the 1st edition of the Sustainable Finance Forum to discuss the key role of the financial industry in the transition towards a sustainable, low-carbon economy. With around 600 registered participants, the success of this first edition is indeed testimony to the growing importance of sustainable finance.
