Deloitte Luxembourg’s report on Professionals of the Financial Sector (PSF) shows continuous maturation in Grand Duchy’s regulatory and tax landscape, while providing a valuable analysis for decision-makers.
Luxembourg, 6 December 2023: On Tuesday 5 December, Deloitte Luxembourg presented its 14th study of the PSF market at its premises in Gasperich. The comprehensive report discloses a detailed view of the PSF ecosystem, covering essential aspects of the legal and regulatory framework and relevant tax matters, while exploring key trends and the sector’s evolution.
“Deloitte has diligently tracked the sector’s evolution from the first registration of a PSF in Luxembourg. Now, for the third consecutive year, the PSF market shows signs of evident maturation and ongoing resilience,” says Raphaël Charlier, Partner and PSF Leader at Deloitte Luxembourg. “For that reason, we thought it was appropriate to share with decision-makers a comprehensive view of the implications associated with the PSF designation and summarize all the essential requirements for acquiring such status in the Grand Duchy.”
Key findings of the 2023 market study include:
“Luxembourg’s reputation among clients for its quality services is built on the expertise, innovation and know-how of its professionals of the financial sector,” says Adil Sebbar, Audit Managing Director at Deloitte Luxembourg. “PSF are seizing the many market opportunities served by new trends and regulations, while reinforcing efficiency and synergies. Deloitte has the right competencies and services to support and advise all types of PSF throughout every stage of their development.”
The 2023 report confirms a positive outlook for the sector, with a variety of opportunities to explore but also challenges to overcome. Access the full report at the following link: A sector in motion: Opportunities explored in the 2023 PSF report
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