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Wed 7 May 2025 - Luxembourg Intelligence News Briefing

Wed 7 May 2025 - Luxembourg Intelligence News Briefing

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STATEC confirms inflation at 1.7%, triggering wage indexation. CSSF launches AI strategy with Clarence and updates DORA circulars. AED expands AML/CFT rules for unregulated AIFs. OECD reviews Luxembourg’s development aid. Plus: ABBL’s push for smarter regulation, new employee protections in cross-border deals, and ispace Europe’s lunar breakthrough.

– STATEC confirms April CPI at 1.7% → wage indexation now in effect

– CSSF adopts AI via “Clarence” cloud + DORA register deadline extended to 31 May

– AED enforces new AML rules on unregulated AIFs → RC report + questionnaire required

– OECD: Luxembourg praised for 1% GNI to ODA, urged to deepen interministerial coordination

– Economic mission to Spain closes: AI, quantum, space and digital health in focus

– ABBL issues 40 proposals for regulatory simplification

– Corporate law update: expanded employee rights in cross-border restructurings

– ispace Europe: TENACIOUS lunar rover enters orbit (developed in Luxembourg)

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Luxembourg Intelligence News Briefing: daily news and insights for Luxembourg financial sector professionals. The Luxembourg Intelligence News Briefing delivers your essential daily notebook briefing, meticulously curated for leaders and professionals across the Financial Sector – from Investment Funds and Banking to Corporate Law, Governance, and Compliance. Stay ahead with critical insights into CSSF regulatory updates, market shifts, AML/CFT developments, and crucial legal deadlines.

This podcast includes content generated or assisted by artificial intelligence. The content shared on this podcast is for general informational purposes only. It does not constitute financial, investment, or legal advice, and reflects information at the date of publication only. For specific legal or financial advice, please consult a qualified professional.

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