PE risk for French banking & insurance activities: time to get it right!

Luxembourg and France have been very closely linked for centuries. So, it’s only natural that the French market is crucial for Luxembourg banks and insurance companies in terms of local sales activities. As wealth planning solutions in particular require a close presence to clients, most Luxembourg banks and insurance companies sell their services on French […]

Content Services: a new pillar for digital organizations

While teleworking has been embraced by most organizations as part of a new operating model in times of COVID-19, a fresh challenge emerged: content management. Until very recently, companies used simple ad-hoc solutions (e.g. SharePoint or shared drives) to manage content. The absence of a comprehensive enterprise content management (ECM) strategy has proven […]

Change management in digital transformation: backbone of the new reality?

An interview with Jean-Christophe Denis, Associate Partner in IT Advisory at KPMG Luxembourg   The current pandemic has reshaped the way we work. It has also reinforced the importance of being technologically well-equipped to keep up with the new reality’s flexibility and on-the-go requirements. Sophie Dubroca, Manager within KPMG Luxembourg’s […]

EU Commission strikes back! New tax reclaim opportunities for insurance companies

While interest rates continue to be low and policyholders become more sensitive to tax leakage, it is crucial for insurance companies to explore withholding tax reclaim opportunities for their clients. Even though some custodians might propose a tax reclaim service, it is important to ensure that all possible reclaim files are duly submitted and that the righ […]

Inclusion and diversity: lead as a forward-thinking company

The past year has transformed nearly every aspect of our world. Hundreds of millions of people have lived through lockdowns, working from home sometimes at a day’s notice. We have been witness to the considerable economic consequences and new ways of working that will certainly endure. Now, one year on, organizations have started to reshape priorities and […]
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FATCA and CRS audits: Time to be prepared

Why should you be prepared for FATCA and CRS more than ever? The new Foreign Account Tax Compliance Act (“FATCA”) and Common Reporting Standard (“CRS”) law ratified on 18 June 2020 has not only increased compliance requirements once again but, at the same time, it has reinforced the power of the Luxembourg tax authorities to carry out an audit within a […]