It seems to me that the CSSF is starting to show more teeth recently after already revoking the license of Fuchs & Associe at the end of 2023. Banque Havilland certainly had their share of “weird” headlines about them but a license revocation effectively puts over 130 employees on the street, which is quite a significant number to be added to the redundancies announced by UBS/Credit Suisse.
I know it’s a tough line to walk balancing regulatory oversight with competitiveness but Luxembourg and the CSSF should be careful to not over-regulate our financial industry into a major correction.
Well CSSF is well known in the regulatory watchdog area for its weak and soft approach. It looks this is changing now
Close the fucking Gazprom bank
Bank of Havilland is a shit show run by disgusting pigs who do coke and fuck strippers in the conference rooms. They deserve far worse but this will do.
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Isn’t that the former ‘good bank’ of Kaupting?
It seems to me that the CSSF is starting to show more teeth recently after already revoking the license of Fuchs & Associe at the end of 2023. Banque Havilland certainly had their share of “weird” headlines about them but a license revocation effectively puts over 130 employees on the street, which is quite a significant number to be added to the redundancies announced by UBS/Credit Suisse.
I know it’s a tough line to walk balancing regulatory oversight with competitiveness but Luxembourg and the CSSF should be careful to not over-regulate our financial industry into a major correction.
Well CSSF is well known in the regulatory watchdog area for its weak and soft approach. It looks this is changing now
Close the fucking Gazprom bank
Bank of Havilland is a shit show run by disgusting pigs who do coke and fuck strippers in the conference rooms. They deserve far worse but this will do.