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Luxembourg , Friday 17 November 2017

News Luxembourg: Luxembourg regulator brands Brexit 'an excuse or an alibi' to strengthen watchdogs' powers

News channel or source: https://www.wort.lu/en/international/fund-management-luxembourg-regulator-brands-brexit-an-excuse-or-an-alibi-to-strengthen-watchdogs-powers-5a0ebddac1097cee25b77690
Publication date: hursday 16 November 2017

Luxembourg's financial regulator claimed on Thursday that Britain's departure from the European Union was being used as "an excuse or an alibi" to strengthen the powers of European-wide watchdogs. The European Commission proposed in September that the ...

News Luxembourg: The space industry is now 2% of Luxembourg’s GDP, deputy prime minister Etienne Schneider says

News channel or source: https://www.cnbc.com/2017/11/11/etienne-schneider-the-space-industry-is-now-2-percent-of-luxembourgs-gdp.html
Publication date: uesday 14 November 2017

Luxembourg now generates nearly 2 percent of its annual gross domestic product from the space industry, according to Deputy Prime Minister Etienne Schneider. Schneider says the country is using the same model which caused the financial sector boom.

News Luxembourg: Luxembourg to invest in Spire

News channel or source: http://spacenews.com/luxembourg-to-invest-in-spire/
Publication date: Wednesday 15 November 2017

Spire CEO Peter Platzer (left) and Etienne Schneider, deputy prime minister and minister of the economy of Luxembourg, discuss the Nov. 15 agreement to invest in Spire in exchange for the company establishing its European headquarters in the country.

News Luxembourg: First-ever investment from Luxembourg-EIB climate finance platform to support Green for Growth Fund in the MENA Region

News channel or source: http://www.pressreleasepoint.com/first-ever-investment-luxembourg-eib-climate-finance-platform-support-green-growth-fund-mena-region
Publication date: Wednesday 15 November 2017

This inaugural Luxembourg-EIB Climate Finance Platform (LCFP) EUR 5 million investment will support energy efficiency and renewable energy development in the Middle East and North Africa (MENA) region. The investment will enable the Green for Growth Fund ...

News Luxembourg: Genna Elvin - The Kiwi behind a 'mini Google' in Luxembourg

News channel or source: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11938908
Publication date: Friday 17 November 2017

At just 28, Kiwi entrepreneur Genna Elvin has already co-founded a multimillion-dollar tech company and is working with Microsoft and Google. Elvin and husband Francois Gaspard set up Tadaweb in 2010. Based in Luxembourg, the small data company specialises ...

News Luxembourg: The Government of Luxembourg Invests in Spire Global

News channel or source: http://www.satnews.com/story.php?number=1365523464&menu=1
Publication date: hursday 16 November 2017

The Luxembourg Government and Spire Global signed a cooperation agreement to develop, through the opening of a European HQ by the U.S.-based company, several key activities in the Grand Duchy focused on space platform engineering, data analytics ...

News Luxembourg: Luxembourg Bankers Assoicaiton and Luxembourg University launch KYC/DLT research project

News channel or source: https://www.finextra.com/pressarticle/71609/luxembourg-bankers-assoicaiton-and-luxembourg-university-launch-kycdlt-research-project
Publication date: Wednesday 15 November 2017

The Luxembourg Bankers’ Association (ABBL) and its Foundation for Financial Education in cooperation with the University of Luxembourg and its Interdisciplinary Centre for Security, Reliability and Trust (SnT) launched a joint research project on the ...

News Luxembourg: Luxembourg bill complementing the GDPR published

News channel or source: https://www.lexology.com/library/detail.aspx?g=0702604e-5557-41ea-ba1a-66345a54d4df
Publication date: Wednesday 15 November 2017

On 12 September 2017, the Luxembourg Government introduced a bill of law (the Bill) to complement the General Data Protection Regulation EU) 2016/679 (the GDPR). The Bill is planned to enter into force simultaneously with the GDPR, on 25 May 2018, and ...

News Luxembourg: English Scheme of Arrangement approved for Luxembourg-registered company

News channel or source: https://www.natlawreview.com/article/english-scheme-arrangement-approved-luxembourg-registered-company
Publication date: hursday 16 November 2017

The proposed scheme was a part of a broader strategy to restructure the liabilities of the company and incorporate new investors into the group. It related to the repayment of a loan facility (approximately $400million), which contained a non-exclusive ...

News Luxembourg: Spire Opens a European HQ in Luxembourg, Raises Additional $70M

News channel or source: https://globenewswire.com/news-release/2017/11/15/1193534/0/en/Spire-Opens-a-European-HQ-in-Luxembourg-Raises-Additional-70M.html
Publication date: Wednesday 15 November 2017

November 15, 2017 09:00 ET | Source: Spire Global, Inc. LUXEMBOURG, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Today, Spire Global announces that it is continuing its global expansion with a closing of its Series C and the opening of a new Luxembourg office.