|
By Duco SICKINGHE, Fortino Capital *
Brexit, an opportunity for Luxembourg?
Following the Brexit deal, major British banks have en masse transferred their employees to the European mainland, with Luxembourg proving to be a particularly popular destination. This can be explained through a number of reasons: its central location in Europe, its stable political climate and favorable business regulations, its reputation as a finance and tech hub with an extreme concentration of knowhow and expertise...
Yet, over time, it is the historical legal stability, more than anything else, that has made the Grand Duchy such an attractive business proposition: for the financial services industry, notably fintech, as well...
|