Author Archive for: pascal

Professional associations in Luxemburg

Professional associations in Luxemburg A huge number of professional associations can be found in Luxembourgs financial industry. They all support their respective sector and overall promote the image of Luxembourg as one of the most important financial hubs in Europe and worldwide. The professional associations also defend the interests of employees working in this financial sector. Abbreviation Full name Website Continue reading

(Financial) abbreviations in Luxembourg: K-M

(Financial) abbreviations in Luxembourg: K-M As there are so many abbreviations in the luxemburgish finance sector, we try to present you the most commonly used. It can always be helpful to know these abbreviations when working in Luxembourg or looking for a new job in Luxembourg. K KIBOR Karachi Interbank Offered Rate KPI Key Performance Indicators KYC Know Your Customer Continue reading

Luxembourg ranks third in the ICC’s Open Markets Index of 2017

Luxembourg ranks third in the ICC's Open Markets Index of 2017 In July 2017, the International Chamber of Commerce (ICC) published a new edition of its Open Markets Index (OMI) study. The study compares the openness to international trade of 75 countries worldwide. There are four main areas of focus which are further divided into 23 indicators: 1. Observed openness Continue reading

(Financial) abbreviations in Luxembourg A-B

  (Financial) abbreviations in Luxembourg The financial world of Luxembourg is full of abbreviations. In order to be well prepared, we present you some of the most common abbreviations. A ADR American Depositary Receipt AP Accounts payable ASAP As soon as possible agcy. Agency agt. Agent asst. Assistant a/c. Account   B B2C Business to Consumer B2G Business-to-government BUSI business Continue reading

Risk Manager

Responsibilities of a Risk Manager in Luxembourg are: Participate at Senior Management Meetings. Review and assess the effectiveness of the company’s risk framework and make useful suggestions to improve the system. Provide training to Senior Risk Officers and Junior Risk Officers. Assisting Senior Risk Officers in their tasks and supervise fieldwork. Control the observance of deadlines. Control and monitor the Continue reading

Did you know…

What you don’t know about the financial place of Luxembourg (part II): Luxembourg is the world’s unique Grand Duchy. Luxembourgers speak Luxembourgish, the German language is the first language taught in school and used in the media and also used by the church while most official (written) business is conducted in French. With nearly 550 thousand inhabitants, Luxembourg is the Continue reading

Did you know…

What you don’t know about the financial place of Luxembourg: Luxembourg has the highest ratio of telephone lines to people in the world. It’s 79.68 telephone lines per 100 inhabitants. Every inhabitant owns in average one-and-a-half mobile phones. Luxembourg is one of the safest place on earth. A recent UN survey on crime reveals, that you have less chance of Continue reading is the top job board in Luxembourg with job offers dedicated to candidates with financial expertise.

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