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The last 3-4 years have seen significant growth in financial services in Luxembourg. Both Internatio-nal Banking Groups and local firms have considerably grown their capabilities and operations in Luxembourg.
In addition to this, Brexit is now adding to this growth as Luxembourg provides an alternative EU hub to the other EU financial centres such as Paris, Frankfurt and Dublin.
It is partly due to the developed regulatory framework that has helped to give Luxembourg greater credibility as a key financial services global hub. International banking companies take a global best practise approach and prefer to operate within a robust regulatory framework. Luxembourg has proven itself in this space where other countries and regions still struggle...
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