Bitgamo.com, a website claiming to facilitate immediate crypto-to-cash transactions without following any KYC/AML procedures or requiring user registration, has claimed that it is based in Luxembourg. But Delano has been unable to verify its presence in the grand duchy.
Real estate financing experts Kevin Humelhans and Stephane Profit co-founded Mortgage.lu in October 2023. During a conversation with Delano, Humelhans underscored the significance of comprehensive expertise, a robust network within the industry and customised services in ensuring the success of their tailored offerings.
Luxembourg’s investment fund industry saw a 1.5% decrease in net assets in September 2023, bringing the total assets under management down to €5.1trn , according to the grand duchy’s financial regulator.
Luxembourg’s financial regulator has urged heightened vigilance at financial firms in preventing funds being sent to Middle East terrorist groups, following a public warning from the Israeli government.
Fidelity International has introduced its first European direct lending fund, following a senior financing deal with a Dutch dental clinic group, as the asset class sees rising appeal among institutional investors amidst global uncertainties.