FSDC and Luxembourg for Finance sign Memorandum of Understanding
The Financial Services Development Council (FSDC) and Luxembourg for Finance (LFF) today signed a Memorandum of Understanding (MoU) for enhancing collaboration.
Signed by the Executive Director of the FSDC, Dr Au King-lun and the Secretary General of LFF, Ms Lynn Robbreckx (on behalf of the Chief Executive Officer of LFF, Mr Nicolas Mackel), the MoU provides a framework to facilitate the growth and prosperity of Hong Kong and Luxembourg as international financial centers through collaboration in various areas of mutual interest with greater synergy between them.
“The signing of this MoU marks another important step in our efforts to promote the development of the financial services industry in Hong Kong, as well as forging a strong partnership between Hong Kong and Luxembourg. We believe that this cooperation will bring new opportunities for both centers in terms of talent attraction, sustainable finance, and FinTech, among others,” said Mr Laurence Li SC, Chairman of the FSDC.
“We are delighted to collaborate with the FSDC to share best practices and knowledge for the development of the financial services industry. This MoU will allow us to further strengthen our relationship and deepen our cooperation in multiple fields, such as expertise development, market promotion activities, and exchange of information on market trends and regulatory developments,” said Mr Nicolas Mackel, CEO of LFF.
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