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Substance in Luxembourg's Financial Sector: From Box-Ticking to Bottleneck
Loïc GuillermetAugust 13, 2026
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Perspectives on fund operations, governance, and regulation in Luxembourg.
Perspectives on fund operations, governance, and regulation in Luxembourg.
Why "having an address" in Luxembourg stopped being enough, and what authorities on both sides of the border now expect to see.
Smaller investment firms do not need to replicate large institutions’ infrastructure to achieve operational excellence. Strategic operating partners can provide institutional-grade capabilities, supporting scalable operating models and Luxembourg governance needs while preserving agility.