Diego Velazquez

Invisible architects of offshore finance: The Big Four in Luxembourg This article reconstructs the historical rise of the Big Four accounting firms as central actors in Luxembourg’s offshore financial centre. Moving beyond bank- and law-centric narratives, it traces how international audit networks embedded themselves in a small national market from the 1970s onward through alliances with leading local fiduciaries, integration into the expanding investment fund industry, and participation in regulatory and consultative arenas. Drawing on interviews, professional data, and institutional records, the study shows how these firms shifted from marginal service providers to key architects of tax structuring, fund governance, and financial legislation. Their dominance in fund auditing, growing role in tax and advisory work, and organizational model reshaped professional hierarchies, including the legal sector. The Luxembourg case highlights how global professional service firms act as intermediaries between states and mobile capital, making them structural components of contemporary offshore finance rather than merely technical advisers.

Invisible architects of offshore finance: The #BigFour in Luxembourg

Trying to understand the place of the #Deloitte, PricewaterhouseCoopers ( #PwC ), Ernst & Young ( #EY ), and Klynveld Peat Marwick Goerdeler ( #KPMG ) in an offshore financial offshore

www.degruyterbrill.com/document/doi...

Luxembourg increasingly isolated over EU financial supervision plans Finance minister Gilles Roth reiterates opposition to expanding EU authority’s powers as support grows among member states

Luxembourg increasingly isolated over EU financial supervision plans.

www.luxtimes.lu/europeanunio...

in short: absolutely

EU-Finanzaufsicht: Gilles Roth gerät zunehmend in die Defensive Bei einem Treffen der EU-Finanzminister in Brüssel wird klar: Die luxemburgische Regierung könnte in einer heiklen Akte bald überstimmt werden.

Luxembourg is increasingly worried about being outvoted on the central supervision of financial markets.

via @wort.lu

www.wort.lu/politik/eu-f...

Anti-war feminists could be focusing on raising awareness about russian war crimes against Ukrainian women instead of posting performative nonsense that undermines support for Ukraine’s defence. Russia holds civilian women hostage and rarely agrees to exchange them: www.pravda.com.ua/eng/news/202...

Have Vance and Trump said thank you?

Conclusion : arrêtez d'aller sur X pour vous informer.

Gosh. If such a list for Luxembourg ever existed, Juncker would be top 10. Luxleaks top 20 and the Andy versus Contador duel top 3.

Screen Twitter : Marianne @MarianneleMag Comment les écolos anglais wokes draguent les musulmans ultraconservateurs

Les fameux musulmans ultraconservateurs qui votent pour des femmes de classe populaire féministes et favorables aux droits des personnes LGBT n'ont peut-être pas de leçons à recevoir des bons athées bien de chez nous qui servent la soupe à Civitas.

There’s always a positive side to everything.

Political science (along with history and psychiatry) is currently getting unique empirical data on what happens when the world’s most powerful nation ends up being led by an aged Nero.

Above and beyond everything else the insistence that rightwing politicians are the safest custodians of the economy in the face of all the evidence never ceases to baffle me

The White House position is that it is no big deal that Putin is helping Iran try to kill US soldiers.

Always remember rule #1. Putin can do no wrong in Trump’s eyes.

Wonder why that is?

very good editorial on the Luxembourg's state bank's closing of the ICC bank accounts.

www.land.lu/page/article...

Opinion | The Great Lie of War

What baffles me most about this war is that European leaders go to great lengths to justify or rationalize a conflict that most Americans — including many Republicans — simply reject. Only Trump, Netanjahu and few old school hardline Republicans are in favour.

www.nytimes.com/2026/03/03/o...

Trump keeps circling back to Pedro Sánchez with threats he can’t actually carry out — the EU makes it impossible to single out Spain for tariffs. But the theatre suits Sánchez perfectly: each empty warning breathes new life into a prime minister who defines himself by holding the far right at bay.

Ah. and btw. Luc Frieden is not the most progressive leader of the Benelux anymore.

Remuntada!

No one ever asked anyone to mourn Khomeini. Stop using that argument to cover for your lack of backbone.

Really? Has a state-owned Belgian bank closed the institutional accounts of an international organisation?

Hmmm. Blijkbaar is Luxembourg geen veilige plek voor internationale instellingen…

Luxemburgse bank blokkeert rekeningen Internationaal Strafhof De Luxemburgse oppositie hekelt dat de regering oogluikend toestaat dat twee rekeningen van het Internationaal Strafhof zijn geblokkeerd. „Dit is een capitulatie voor de wet van de jungle.”

Luxemburgse bank blokkeert rekeningen Internationaal Strafhof

Interview - Deregulation could spell the end of the EU, Ribera warns - Contexte In a sit-down interview with Contexte, Ursula von der Leyen’s top deputy defended the EU rulebook, pushing back against calls —including from German Chancellor Friedrich Merz — to ‘deregulate every se...

And 'Power' is live since this morning!

With this new vertical in English, @contexte.com is expanding its EU political coverage. First briefing is amazing already :-)

And our launch story is an interview with EU commissioner Ribera

www.contexte.com/eu/article/p...

This is why Lagarde wants CBDC.

Ach. Luxembourgish overcompliance is a thing.

and here the English version:

www.luxtimes.lu/luxembourg/l...

Luxembourg stood idly by as Spuerkeess closed ICC bank accounts Opposition says Luxembourg government is secretly enforcing Trump sanctions by allowing state bank to act against International Criminal Court

here we go. just for you and @mollyquell.bsky.social

www.luxtimes.lu/luxembourg/l...

it's in German. The english version will follow soon :)

My luxemburgische isn't up to reading the whole thing, but this looks like a helluva story from my old mate Diego

Wie der luxemburgische Staat klammheimlich Trumps Willen vollstreckt Die Spuerkeess hat aus Angst vor US-Repressalien die Konten des von Trump sanktionierten Internationalen Strafgerichtshofs geschlossen – und die Regierung sah tatenlos zu.

Exclusive revelations: The Luxembourg state bank has closed the ICC's institutional bank accounts in the aftermath of Trump's sanctions against the court.

full story via @wort.lu

www.wort.lu/politik/wie-...

Dann ass „gold plating“ op eemol ok.