Luxembourg’s fund industry faces a selective shortage of compliance, risk, oversight and data specialists. Housing costs and eroded industry knowledge make the problem harder to solve.
The US Treasury on 10 July sanctioned Dubai-based Iranian banker Ali Ansari, alleging he invested embezzled Iranian funds in property across Europe — including through Luxembourg-registered holding companies — for the benefit of supreme leader Mojtaba Khamenei and the Revolutionary Guard. Ansari is not on the EU sanctions list, leaving Luxembourg under no EU-law obligation to freeze his assets; its authorities have not commented.
Luxembourg will host the European base of the Canada-led Defence, Security and Resilience Bank, a treaty-based lender backed by nine allies and unveiled at the 2026 NATO summit in Ankara.
As Ireland takes the EU chair, finance minister Simon Harris is pressing for a deal by October on centralising financial supervision under ESMA — a drive Luxembourg's fund industry has long resisted, while a parallel tobacco-tax fight leaves the Grand Duchy on firmer ground.
Luxembourg's finance minister Gilles Roth met UK chancellor Rachel Reeves in London on a two-day financial mission, discussing cross-border investment and closer cooperation between the two financial centres — a relationship that channels much of the Grand Duchy's €6.6 trillion fund industry.
BlackFin Capital Partners has completed its acquisition of a majority stake in Arendt Investor Services, the fund-services arm of Luxembourg's largest law firm, after approval by the CSSF. The deal, reported at close to $500 million, signals how far private equity's consolidation of Luxembourg's fund-services industry now reaches.
The ECB has fined Banque Internationale à Luxembourg €3.255 million for failing to apply approved internal models, causing the bank to overstate its capital for three consecutive quarters between 2023 and 2024.
A multibillion-euro dispute over the fortune behind Ray-Ban maker EssilorLuxottica is being decided in Luxembourg, where the Del Vecchio family's Delfin holding is domiciled and a court has been asked to rule on a contested plan to reshape control of the company.
China's Ministry of Finance has listed a record €5 billion euro-denominated sovereign bond on the Luxembourg Stock Exchange, drawing €24.8 billion in orders and reinforcing the Grand Duchy's standing as Europe's leading venue for international debt.
Europol's second mapping of the EU's most threatening criminal networks identifies 731 groups dominating drugs and fraud, with 85% abusing legal businesses to launder and conceal proceeds.
The Luxembourg Stock Exchange has surpassed 50,000 listings and continues to host about a third of the world's new international bonds, with its most recent annual results setting a single-year record for admissions even as the euro-area economy grows only modestly.
Luxembourg's private equity and venture capital association reported 17.4% membership growth to 701 and elected a new board at its 2026 AGM, signalling resilience as global PE struggles with weak fundraising and lagging distributions.
An investigation by Le Soir and De Tijd puts €91 billion of wealth held by Belgium's 100 richest families in 416 Luxembourg companies, confirming the Grand Duchy's role as the destination of choice for cross-border private capital.
Luxembourg rose to 14th of 70 economies in the 2026 IMD World Competitiveness Ranking, up from 20th, its first top-15 finish since before 2023. The rebound was driven by a sharp climb in the economic-performance pillar, though the Chamber of Commerce warned the gains rest on volatile international investment.
Luxembourg is landlocked, but its finance and digital economy depend on submarine cables now treated as a front line. Here is the Grand Duchy's real stake — and its role.
Luxembourg is the world's second-largest investment-fund domicile after the United States. We explain how EU passporting, the UCITS framework, and the CSSF regulator made it possible.