The financial services industry in Luxembourg has been a spectacular success and is in integral part of the economy
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As a founding member of the European Union, NATO, OECD and the United Nations, Luxembourg benefits from political stability together with a modern and technologically sophisticated infrastructure and transport links. Bordered by France, Belgium and Germany the workforce is both multinational and multilingual.
Over the last 30 years, the financial services industry in Luxembourg has been a spectacular success and is an integral part of the economy. Now the premiere private banking centre in the Euro zone, Luxembourg is also the second largest investment centre in the world after the US, and one of the premiere captive reinsurance markets in the European Union.
Regular consultation between the government, the legislator and the private sector together with a strong culture of investor protection and rigorous anti money-laundering policies ensure that Luxembourg’s legal and regulatory framework is continuously updated.