Professionals of the Financial Sector (PSF) in Luxembourg
2016 - Overview and outlook of a promising sector
The Luxembourg marketplace reasserts its leading role in the global financial sector each year. The country's reputation for its quality services among clients coming to Luxembourg is built on the expertise and know-how of its Professionals of the Financial Sector.
The Professionals of the Financial Sector industry (PSF) in Luxembourg numbered 309 entities in 2015, compared to 316 for 2014. In terms of employment, the sector currently employs over 15,000 people. PSF is still a promising market, with an increase in employment despite the stable number of companies.
Competitiveness is inherent in all markets. In a constantly evolving legislative and technological environment, it is important to focus the company on its core business and adapt to the needs of tomorrow. Through our detailed analysis of the PSF market, we present the key trends and changes in this industry.
Integrating the latest PSF figures plus explanations, our brochure analyses changes in PSF and demonstrates their dynamic nature. It is enhanced with interviews with key people in the marketplace and articles on topical issues, written by industrydedicated professionals.
It provides an overview of PSF and illustrates the various existing types and their developments. It confirms the industry's importance in the Luxembourg economy.
The regulatory environment saw fewer changes in 2015 which was more a year of stability and assimilation. The shift in OECD paradigm, focusing resolutely on tax transparency, continues to produce its effects.