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ABBL: raise teleworking threshold to 96 days per year

Current teleworking rules are affecting Luxembourg’s attractiveness, the Luxembourg Bankers’ Association (ABBL) has told Delano.

The financial community has felt a European drag in 2023

Taking stock, the ABBL welcomes the compromises reached on the banking package and the revision of the AIFM directive. Looking ahead, banks are watching with concern the negotiations on the anti-money laundering package and the retail investment strategy.

10 years later: transparency is required but costly

In the sixth and final part of a series on the end of banking secrecy for non-residents, Delano reports on the benefits of Luxembourg being perceived as a stable country, the work being done for the country to keep its edge over the competition and the efforts undertaken against virtual tax evasion.

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