On Monday 27 January 2025, Luxembourg for Finance released its Ambitions 2030: Shaping Finance for our Future report, outlining a plan for the next five years aimed at enhancing Luxembourg’s position as a leading global financial centre.
With a focus on addressing global challenges and advancing European competitiveness, the report highlighted the four key priorities for Luxembourg for Finance to enable Luxembourg contribute to shaping the future of global finance by 2030:
- Connecting Stability with Opportunity;
- Unlocking a More Competitive Europe;
- Shaping Tomorrow’s Finance;
- Mobilising Capital for a Better Future.
Connecting Stability with Opportunity
Luxembourg for Finance explained that Luxembourg seeks to continue providing a trusted and stable platform in an increasingly volatile world. With a commitment to strong governance, fiscal prudence and regulatory clarity, Luxembourg provides a predictable and secure foundation for global financial operations. As a hub for corporate banking, wealth management and life insurance, it seeks to deliver tailored solutions that protect and grow wealth across generations, while fostering a resilient environment for multinational corporations and financial institutions to thrive. It added that the country continues to play a central role in global finance, supporting international financial institutions in navigating the European market. With balanced, business-friendly policies and regulatory clarity, Luxembourg is expected to ensure that cross-border finance can flourish within a harmonised framework. Its position as the EU’s gateway for global capital and as a facilitator of cross-border financial services is described as underscoring its central role in shaping policies that benefit both Europe and the global economy. This approach is referred to in the report as positioning Luxembourg as a key partner within the global financial ecosystem, enabling companies and investors to navigate complexities and seize opportunities in an interconnected world.
Unlocking a More Competitive Europe
Luxembourg for Finance clarified that Luxembourg aims to play a critical role in driving the EU’s competitiveness over the next five years, by positioning itself as the bridge between global capital and European opportunities. By 2030, Luxembourg is expected to deepen its role as a key enabler of the Savings and Investment Union (SIU), unlocking untapped savings and attracting international investments to fund innovation, infrastructure and strategic projects that are considered essential for Europe’s growth. The report highlighted that by building on its expertise as the EU’s largest investment fund centre and dominant hub for private assets, Luxembourg aspires to expand its leadership in facilitating cross-border investments, creating a unified European capital market where projects can thrive. The report also indicated that Luxembourg seeks to support deeper European integration by building on its capital markets infrastructure, securitisation framework and cross-border financial capabilities. The financial centre’s ambitions include fostering the growth of alternative funds, tokenised investments and digital finance solutions that enhance Europe’s ability to attract global capital and remain competitive in an interconnected world.
According to the report, Luxembourg remains committed to openness and international collaboration and to recognising the importance of efficient global markets by building on its expertise and ecosystem to connect savers and investors across Europe, expand funding sources for businesses, and contribute to addressing Europe’s key economic and social priorities.
Shaping Tomorrow’s Finance
Luxembourg for Finance added that by 2030, Luxembourg is expected to establish itself as the premier European hub for financial innovation, leveraging its advanced ecosystem and regulatory toolbox to support the growth of cutting-edge financial products and services. Building on its traditional strengths in wealth and fund management, Luxembourg will seek to move up the value chain, expanding into high-value services such as private equity advisory, investment execution and valuation. These efforts are driven by the country’s focus on embracing advanced technologies such as artificial intelligence, blockchain and distributed ledger technology (DLT), enabling financial institutions to deliver efficient, transparent and personalised solutions to global investors.
The report determined that Luxembourg has established itself as a leading hub for private assets in Europe, with the majority of private capital funds choosing the country as their base. The country also continues to gain momentum in active exchange traded funds (ETFs) with the CSSF implementing a new transparency regime that allows for monthly deferred portfolio disclosures, creating a flexible framework for asset managers. These strengths are highlighted as providing Luxembourg with the foundation to support innovative financial products, including tokenised funds and European Long-Term Investment Funds (ELTIFs).
The report underlined that Luxembourg is committed to attracting and cultivating top international talent to drive these advancements. Through strategic partnerships with academic institutions and tailored training programmes, Luxembourg will ensure a highly skilled and multilingual workforce, capable of supporting the financial industry’s transformation, noted Luxembourg for Finance. By combining its regulatory foresight, technological leadership, and unparalleled cross-border expertise, Luxembourg aims to build a future-ready financial ecosystem that enables businesses and investors to thrive in an increasingly interconnected global economy.
Mobilising Capital for a Better Future
By 2030, Luxembourg will seek to further its contributions to sustainable finance, aligning financial practices with long-term sustainability goals. Building on its expertise in sustainable investment and green finance initiatives, Luxembourg is expected to continue to provide a platform for mobilising capital at scale. With over €3.2 trillion in sustainable assets and initiatives such as the Luxembourg Green Exchange (LGX) and the Luxembourg Sustainable Finance Initiative (LSFI), the financial centre is reported to be uniquely positioned to channel investments into transformative projects that advance environmental and social progress.
Luxembourg’s vision for the future is expected to include leveraging cutting-edge technologies like artificial intelligence and DLT to enhance transparency and accountability in sustainable finance. These innovations are anticipated to enable investors to verify the impact of their investments in real time, setting new benchmarks for trust and integrity in green finance. Beyond environmental sustainability, the report indicated that Luxembourg plans to expand its focus into emerging areas such as gender finance, biodiversity and transition finance, as well as scaling blended finance solutions that maximise collaboration between public and private capital.
As global demand for sustainable finance evolves, Luxembourg reportedly remains committed to supporting sustainability as a cornerstone of economic and societal progress. By fostering innovation, building partnerships with international organisations and enhancing its sustainable finance toolbox, the country aims to further integrate sustainability into the financial industry.
The Ambitions 2030 report outlines Luxembourg for Finance’s plan to address the challenges and opportunities of a rapidly evolving financial landscape. By providing stability in uncertain times, driving European competitiveness, fostering innovation and championing sustainability, Luxembourg is reported to be strengthening its role as a global investment hub.
“Ambitions 2030 underscores Luxembourg’s role as a trusted partner in global finance, bridging stability with opportunity and innovation,” according to Luxembourg’s Minister of Finance, Gilles Roth. “Through collaboration, foresight and commitment, we aim to empower businesses, investors and society to achieve shared success in an interconnected world. Luxembourg’s ambition is to create a financial ecosystem where innovation thrives, sustainability is paramount, and businesses and investors have the confidence to grow and succeed in an increasingly complex world.”
Tom Théobald, CEO of Luxembourg for Finance, added: “As the financial landscape continues to evolve, Luxembourg’s unique strengths as a cross-border financial hub, innovation leader and sustainability champion place us in an excellent position to shape the future of global finance. Ambitions 2030 is not just a vision - it is a roadmap for action. Over the next five years, we aim to ensure Luxembourg continues to attract international institutions, drive investment into Europe’s most pressing priorities, and foster long-term economic and impact. Our focus on collaboration, between regulators, financial institutions and international partners, will remain critical to achieving these goals.”
