Regulatory Strategy

Services

Setting up financial players in Luxembourg

Professional services tailored to the financial industry

Why Deloitte?

  • Whether you are a financial institution, a challenger bank or a FinTech, Deloitte is uniquely positioned to support to support you to set up your operations and activities in Luxembourg. Deloitte draws on its global network as well as its powerful start-up scouting and accelerators programs to introduce players from all over the world to the best of Luxembourg’s financial ecosystem.
  • From daydreaming to reality: obtaining a banking or a PI/EMI license in Luxembourg. Deloitte is the right advisor to help you convincing the financial regulators about the appropriateness of your founding team, your value proposition and the forecasts of your activities.
  • Deloitte is an international network with offices all over the world and a wide range of experts, from the Americas, Europe and Asia. Member Firms’ solid expertise in different sectors of the financial services industry is regularly shared during organised sessions between the different units, during which new trends and challenges are discussed. This knowledge serves as a basis for several reports and publications, allowing our clients to be aware of key current trends and developments.

Introduction to Luxembourg

Luxembourg constitutes a unique financial centre due to its exceptional range of services, world-class financial infrastructures, industry expertise and stable and forthcoming political and economic environment.

Luxembourg has established its uncontested reputation since the 1960s, establishing itself among the top of all financial centers across the world thanks to its capacity to rapidly adapt to changing regulation, its resilience and its competitiveness.

At the start of 2019, Luxembourg’s financial sector comprised over 130 credit institutions from 28 different countries. This diversity is very representative of the international and open-minded environment of the Grand-Duchy’s market place. Furthermore, Luxembourg’s FSI has always demonstrated great adaptions vis-à-vis innovative market trends: one of the last indicator is the rise of the FinTech industry, making Luxembourg the new technological hub for innovative financial players.

Technology progress and increased financial investments and new regulations are disrupting the industry; bringing opportunities and threats to small and large actors. Deloitte is well equipped to assist you addressing the challenges you may face from the start of your licensing authorization process to the go-live of your activities and operations.

Recent trends in the FSI

Those are very exciting yet challenging times to be a leading financial services organization. Change is coming from all directions, some that are familiar and others that are less. This change will be resulting in unexpected threats as well as fruitful opportunities.

Deloitte is well aware of these sources of disruption, as well as the recent major trends that are characterizing the financial service industry as we know it.

Thanks to our excellent relationship with Luxembourg’s financial regulators and our subject matter expertise we are in a unique position to provide a range of services to our clients, from strategy definition through the authorization process, until the full implementation of operations.

Why choose Luxembourg?

An attractive, central and neutral positioning within Europe.

With attractive particularities such as its key position in the heart of Europe and its vibrant business community, Luxembourg has a lot to offer. Discover many reasons to set up your activities and operations in Luxembourg.

Innovation

Luxembourg has a resourceful government and a number of ongoing national projects related to financial innovation. The country’s forward-looking approach and can-do attitude have allowed it to transform itself several times during the past century attracting several innovative players.

Luxembourg has the 2nd highest economic potential in the EU according to the FDI Intelligence report released by the Financial Times (2019).

A smart nation

Modern, highly connected, and home to the most important businesses in ICT, Luxembourg is a true ‘smart nation’. Over the past ten years, Luxembourg’s digital economy has experienced unprecedented growth, fostered by the launch of initiatives such as ‘Digital Lëtzebuerg’ as well as dedicated industry clusters.

Our Team

Deloitte Luxembourg’s practice benefits from sound market knowledge, strong expertise and close collaboration with experts from the financial sector. Furthermore, the practice’s methodology can rely on a multidisciplinary approach capitalising on synergies between audit, tax and consulting experts.

Contacts

Laurent Berliner

Laurent Berliner

Partner | EMEA FSI Risk Advisory Leader

Beside his service responsibilities for many of our clients, Laurent leads the international relations of our Luxembourg firm to sustain our international development from a client, service, talent an... More

Jean-Philippe Peters

Jean-Philippe Peters

Partner | Risk Advisory Leader

Jean-Philippe is a partner within the advisory and consulting department. Over the last 15 years, he has specialised in risk management for financial institutions, with a focus on regulatory capital r... More

Francesca Messini

Francesca Messini

Director | Fintech Leader

Francesca is a Director in Deloitte Advisory & Consulting Luxembourg. She has specialized over the last twelve years in regulatory advisory as well as in setting up financial institutions (i.e. banks,... More

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