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Banking & securities

Statement

Banking & securitiesRarely in the history of financial services have banks and securities services institutions been facing such massive challenges. The crisis of the past 3 years has triggered the emergence of a completely new financial landscape.

The world as we had come to know it no longer exists. We are seeing a fundamental shift in the regulatory environment with new oversight bodies, revised capital requirements, rules on executive compensation, threats to banking secrecy, new taxation practices etc.

At the same time, the competitive landscape is changing with more demanding clients, pressure on pricing level, changes in infrastructures and increased international competition.

In this incredibly tough environment, the value proposition of Deloitte is more relevant than ever. The unique combination of skills and expertise in regulation, audit, tax, strategy, organisation and IT makes our firm the ideal partner for banking & securities institutions. This website will give you an overview of our services. We can help you navigate through the storm and thrive in these turbulent times.

The Deloitte banking & securities professionals I have the privilege to lead are all thrilled at the perspective of working with you, help you seize the opportunities ahead and take your business to the next level.

Olivier Maréchal

Olivier Maréchal
Advisory & Consulting Partner
Banking Industry Leader

Banking & securities in Luxembourg

Luxembourg is home to 151 banks. Private Banking and Investment Services represent the leading activities of the Luxembourg financial center.

Luxembourg’s banking industry has been thriving thanks to an unprecedented political, legal and social stability. The cooperation between Government, legislators and the private sector have led to the creation of a flexible and innovative regulatory framework which has attracted numerous international groups to establish their head office in Luxembourg.

One of the most competitive economies worldwide and ranked among top financial centers in the world, Luxembourg’s financial industry provides a wide range of services and financial expertise to satisfy every client’s wish. 

Why Luxembourg?

  • Number one wealth management center in the Eurozone
  • Over 150 banking institutions from 25 countries
  • World’s leading hub for global distribution
  • One of most competitive economy worldwide
  • Very stable political and social environment
  • Strategic position in the heart of Europe
  • Skilled multicultural and multilingual workforce
  • Flexible and business friendly authorities
  • Rigorous anti money-laundering policies
  • Attractive tax regime

Luxembourg, your gateway to Europe

Ideally situated in the heart of Europe, Luxembourg is highly international, in terms of origin of banks, clients and workforce and functions as a hub for European activities. Its skilled multicultural and multilingual workforce contributes to making Luxembourg the gateway to Europe for companies from all over the world.

Hot topics

New strategies for private banks.

Tax reporting for private clients.

Basel III.

FATCA latest developments

  • New US rules withholding tax rules,
  • Impact on securities lending and swaps,
  • Portfolio exemption for Luxembourg fund.

Optimising your IT operating model (system replacement ? outsourcing ?).

 

Contact

  • Olivier Maréchal
    Advisory & Consulting Partner

Related links

  • ExternalURL Link'n Learn
    Deloitte in Luxembourg has launched new online series: Link’n learn | Interactive access to Deloitte knowledge
  • ExternalURL Podcasts
    Deloitte screens and identifies significant issues for your business and conveniently wraps them in podcasts, which you can either download or watch on your computer
  • ExternalURL Events
    List of the forthcoming events organised by the Luxembourg office

More Learn more

  • Whitepaper | Winning in wealth management - Strategies for building profitable business operating models
    Report on the causes of the decrease in Swiss-based wealth managers’ profitability and differences in profitability and key characteristics of providers.
  • Pathfinder volume 14, issue 1, January 2012
    New filing procedure with the RCS. Enforcement of the 2011 reporting obligations for issuers subject to the Transparency Law. UCIs: mergers, master-feeder structures and notification. STRs no longer to be copied to the CSSF.
  • Whitepaper | Global risk management survey seventh edition - Navigating in a changed world
    After the turnoil of the global financial crisis characterised by financial market dislocations and loss of liquidity, many world economies and financial markets appear to be strengthening, but serious concerns remain.
  • Whitepaper | Global model practice survey 2010 - Adding some hot topics
    The survey addresses four dimensions of model practice: model governance; model design and standards for acceptance; reporting and calculation systems; and data. The questions asked are relevant for banking, insurance and investment management regulation.