More scrutiny on Luxembourg captives ahead 

Luxembourg

Locked assets are not the only worries of captive owners in Luxembourg. Around the world, there is increased scrutiny on market conduct, anti-trust and anti-money laundering procedures and tax policies. Increasingly money has to be spent on specialised consultants anticipating or sorting out issues, preparing documentation and compliance measures. The grand duchy, which is Europe’s most important captive domicile within Solvency II, is no exception. Since Luxembourg introduced captive rules