Maya Ziswiler’s Post

I'm delighted to share with you my latest article, published in the magazine "Experience, The TGS Business", in which I examine the dynamics of the management of private wealth by the Société de Gestion de Patrimoine Familial (SPF) in Luxembourg. 🔍 In this piece, I explore : The unique advantages and tax benefits of SPFs. The rise of impact investing and the integration of ESG factors in investment decisions. Why Luxembourg remains an ideal location for family wealth management, boasting a stable legal framework, high-quality infrastructure, and a robust financial sector. 📈 Key Takeaways : SPFs provide a tax-neutral environment, making them an excellent tool for managing private assets, including holdings in financial instruments, structured products, and real estate. Luxembourg’s forward-thinking approach to incorporating ESG considerations is paving the way for sustainable and responsible investing. 💼 Compta Capital Group provides a full range of services to SPF's such as incorporation services, regulatory compliance, accounting and more. Our aim is to ensure smooth and efficient wealth management for high-net-worth families. I invite you to read the full article to discover how Luxembourg is at the forefront of family wealth management. Your feedback and thoughts are highly appreciated! 🔗 https://lnkd.in/exXuQyf9 🔗 https://lnkd.in/emNsHTnR #WealthManagement #Luxembourg #FamilyOffice #SPF #ImpactInvesting #ESG #Finance #Investment #TGS #CCG

The Minister for Finance, Michael McGrath TD has today published a progress update on the review underway of the funds sector in Ireland - Funds Sector 2030: A Framework for Open, Resilient & Developing Markets Progress Update: Progress Update. Read more: https://lnkd.in/eUkUcSV3

🌟 𝗖𝗿𝗲𝗱𝗶𝘁𝗿𝗲𝗳𝗼𝗿𝗺 𝗥𝗮𝘁𝗶𝗻𝗴 𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝘀 𝘁𝗵𝗲 "𝗔𝗔𝗔" 𝗿𝗮𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘀𝘁𝗮𝗯𝗹𝗲 𝗼𝘂𝘁𝗹𝗼𝗼𝗸 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗚𝗿𝗮𝗻𝗱 𝗗𝘂𝗰𝗵𝘆 𝗼𝗳 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 🌟 Creditreform Rating has reaffirmed Luxembourg's "AAA" rating with a stable outlook as of April 20, 2024. This top-tier rating reflects strong confidence in Luxembourg’s economic future, underpinned by: 1️⃣ a promising recovery in real GDP growth 🚀 2️⃣ steady public investment, focusing on energy and environmental sustainability 🌱 3️⃣ positive shifts in consumer confidence and beneficial financial sector trends 📈 With a projected debt ratio of only about 25% for 2024, Luxembourg’s fiscal policies continue to prioritize sustainability and stability. #Luxembourg #Finance #EconomicGrowth #StableOutlook #CreditRating

Finance Minister Gilles Roth and Executive Director Alfred Hannig from the Alliance for Financial Inclusion (AFI) discussed synergies related to sustainable finance, digital financial inclusion and gender-inclusive finance policies. Luxembourg can act as an international platform to foster coordination and information exchange amongst policymakers from different governmental bodies. #FinancialInclusion #DFS #LeaveNoOneBehind #GreenFinance

Yesterday, we were delighted to welcome ·        Anne BASTIN NDIAYE – InFiNe ·        Chiara Pescatori - LMDF ·   ��    Daniel Rozas – e-MFP ·        Gabriela Erice García Garcia – e-MFP ·        Joana Afonso – e-MFP for our CPD session dedicated to Inclusive Finance : From Micro credit to Green Finance and Beyond. After a useful introduction of the Luxembourg FI Ecosystem, these different parts were addressed : ·        Part I: Financial Inclusion - a dive into the sector o  The 'poor' and their money o  The role of financial service providers o  The enabling environment: regulation and funding o  Data and impact in financial inclusion ·        Part II: Current Trends and Areas of Focus of the Financial Inclusion Sector o  Responsible Finance and Client Protection o  Green and Climate Smart Finance o  Innovation and Technology o  Gender and Other Areas of Focus A big thank you to all of you! Experts and participants for helping to make this session very informative and useful. #sustainability #motivation  #innovation #digitalisation #assetmanagement #finance #cryptomonnaie #advisor #planner #wealthmanagement #esg #impactinvesting #vocationaleducation #finance #skills #careerpath #inclusivefinance #microfinance

How to do more with less? This is a key question challenging the future of #cohesionpolicy in the context of future #enlargement, #twintransition challenges and #EUbudget constraints. Such an honour and privilege to contribute to the reflection on the future of cohesion policy by participating to the final meeting of the High-Level Group where I supported my EIB colleagues Monica Scatasta and Christoph Kuhn in their exchange with Commissioner Ferreira,  Director General of DG REGIO Themis Christophidou, other Commission officials and high-level experts from policy, practice and academia. Investment needs in the EU regions are much higher than any public funding available. We urgently and massively need to mobilise private sector finance. And we need to be ‘’smarter’’ how we use public money. How?   ✅Increase the use of financial instruments under cohesion policy: #financialinstruments are a powerful tool to #leverage cohesion policy funds and mobilise private sector investment in support of cohesion objectives. Financial instruments are efficient, they work and attract private sector to plug in for regional investments. The combination of grants and loans is extremely powerful and can be brought to scale. ✅Reinforce advisory support to cohesion regions and better integrate it with financial support: advisory support is key to addressing capacity constraints and help regions most in need to build capacity, identify projects, prepare and implement quality projects. JASPERS partnership has proven instrumental over the last two decades to help newer Member States to improve capacity, it will definitely play a key role also in helping boost capacity of new candidate countries. ✅ Keep co-financing model for cohesion policy with shared management, incentivise strategic financial planning by Member States and build flexibility within the future legislative framework while keeping focus on long-term objectives. ❓Did you know that every year the EIB dedicates nearly half of its financing within the EU to #cohesion regions? ❓Did you know that two-thirds of EIB #advisory support targets cohesion regions? ❓Did you know that #financialinstruments implemented by the EIB can bring a #leverage rate between 3 and 7? And add 15% to the EU budget for cohesion? European Commission European Committee of the Regions European Investment Bank (EIB)

Great blog from ODI's Senior Staff Andrew Herscowitz Samantha Attridge on the FICS Summit that took place in Cartagena (Colombia) earlier this week. Definitely one of the best summit I have attended over the past few years, offering an alternative financing model that could operate outside of traditional marketplace. The blog concludes with the following statement "The FICS Summit presents an opportunity to hold these frank conversations on how DFIs can truly move the needle in catalyzing investment in the Global South. Although getting it right will cost some money (in the form of ODA resources), using this finance more aggressively to facilitate blended and concessional financing can eventually help put development banks and agencies out of business" Well the FICS did deliver on its promise to hold frank conversations but going from words to action will require collaboration and cooperation. So what would that transformation look like? FICS represents more than +520 National Development Banks (NDBs) in EMDEs with a total capital evaluated at $21 trillion USD. Individually, NDBs are small and face the same difficulty - from the lack of organized local capital markets, limited liquidity to fundraise locally, and ability to create a space for investors to make these investments liquid, tradable and fungible. Unfortunately, a good portion of NDBs are sill plagued with outdated financial system that makes it hard to generate transparency, de-risk project to scale, blend capital, track impacts, and help create a space for credit enhancement as most EMDEs are facing lower credit ratings. Increasing borrowing (debt) at the local or international level will most likely affect the cost (interest) of debt at the national level. Our work focuses on creating synergies, interoperability, reducing regulatory frictions between Advance Economy and Developing Economy. Technology solutions is the only way to speed up and scale up. I think that this following piece on one trigger that helped in the increased participation of more countries to join the BRICS effort - as simple as it sounds "Technology". https://lnkd.in/eW2xVhGz The key words from the Summit can be summarized to the following points (1) Speeding up solutions (2) Scaling up investments (3) Collaboration and Cooperation As Winston Churchill once said “Never let a good crisis go to waste”. https://lnkd.in/e42cBc_2

🌟 𝐓𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐋𝐮𝐱𝐞𝐦𝐛𝐨𝐮𝐫𝐠'𝐬 𝐟𝐮𝐧𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🌟 Ever since I have been in the fund industry, I have heard complaints about Luxembourg’s competitiveness compared to its EU rivals (mostly Ireland), often due to the taxe d'abonnement and the perceived lack of reactivity of the CSSF. 📉 Former CSSF Director Simone Delcourt already claimed in her time that the CSSF wasn't slower in responding to applicants than the applicants themselves. Recent IT tools now provide objective data around this topic. 💡 📊 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐢𝐦𝐞 𝐨𝐟 𝐢𝐧𝐢𝐭𝐢𝐚𝐥 𝐚𝐮𝐭𝐡𝐨𝐫𝐢𝐬𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐞𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 – 𝐂𝐒𝐒𝐅 🔍 𝐌𝐲 𝐭𝐚𝐤𝐞: Let’s stop blaming each other for potential shortcomings and focus on continuously improving our offerings. Let's work together to strengthen Luxembourg's fund industry! 💪🇱🇺 #FundIndustry #Luxembourg #CSSF #Investment #Finance #Competitiveness #Innovation #TeamWork #ContinuousImprovement

Empower Your Investments with Tax-Free Investment Accounts (TFIA) Discover the power of Tax-Free Investment Accounts (TFIA) in South Africa, a key vehicle for savvy financial planning. TFIAs offer the unique advantage of investing in a variety of instruments like ETFs, mutual funds, and bonds, without the burden of tax on interest, dividends, or capital gains. This tax-free benefit can significantly enhance the efficiency and growth potential of your investments. But what makes a TFIA so special? It's not just the tax savings in the short term; it's the potential for substantial long-term growth through tax-efficient compounding. This makes TFIAs an essential part of a well-rounded investment strategy, suitable for a range of financial goals, from building a nest egg to planning for retirement. #advicebycoey #tax #TFIA #taxsaving #financialyearend #southafrica