Ernst & Young >Careers >Students >Working at Ernst & Young >Industry knowledge - Ernst & Young - Luxembourg

Our Luxembourg Financial Services practice, part of the Ernst & Young Global Financial Services network , offers a wide range of financial services and is able to mobilise significant national and overseas resources to help our clients meet their needs. In the Grand Duchy of Luxembourg, our financial services expertise include:

• AssetManagement:
  As the Grand-Duchy of Luxembourg is the third largest domicile of investment funds in the world and the largest in distributing investment funds across borders, Ernst & Young Luxembourg has developed deep expertise in this key industry segment for Assurance & Advisory Business Services and Tax Advisory Services. Our Ernst & Young experts will help our clients to launch a fund, distribute a foreign fund and establish an investment management company.
  Hedge Funds:
  Our experts help our clients both during the initial fund set up stage and continuing through its day-to-day operations, by offering Business & Regulatory Advisory Services, Audit and Taxation Services, Business Risk Services
• Private Equity:
  Luxembourg EY PE practice is today the largest specialized PE team amongst local audit and advisory firms with over 70 professionals dedicated to PE. Building upon a fully integrated and multicultural team of experts, we strive to deliver innovative ideas and practical solutions to the world’s leading PE houses as well as to small and medium sized General Partners. Our range of services includes a 20-year experience in customized audit for PE&VC vehicles, PE funds structuring, transaction tax, due diligence and valuation. Our PE practice also has a specialized team of advisors assisting PE fund administrators and GPs in building PE middle- and back-office processes. Our PE practice delivers a full range of customized PE trainings. We also actively engage in thought leadership and capacity building initiatives to promote Luxembourg as a PE center of excellence. In that respect, we were instrumental in drafting the 2004 SICAR and 2007 SIF laws.
• Real Estate:
  Luxembourg has emerged as the leading domicile in Europe for vehicles investing directly in internationally diversified real estate portfolios. The group of over 80 professionals is recognized for its ability to serve the needs of the real estate investment fund market and is the leading professional services firm in this market. The Ernst & Young Luxembourg Real Estate Group provides services for fund launch, transactions and further on-going services. It plays a leading role in developing guidelines, working papers and market analysis, in collaboration with the relevant Luxembourg real estate industry organizations.
• Banking:
  With the greatest concentration of banks in the European Community, Ernst & Young in Luxembourg has been able to develop relevant knowledge and experience to meet ever-changing clients’ demand and to control operational, regulatory and fiduciary risks. Locally, our expertise areas include traditional accounting & auditing as well as customised tax, risk management, online security and regulatory services to banks./li>
• Insurance:
  Our service offering is continually being adapted to the evolution of economic environment and to our client needs. We believe that we best serve clients by helping them to face new challenges by anticipating as much as possible. Our most recent services specifically developed for the Luxembourg insurance and reinsurance industry include IAS/IFRS implementation, the optimisation of management captive, Anti-Money Laundering/KYC assessment.

Commercial... Regardless of the size or complexity of commercial and industrial companies, Ernst & Young develops strategies and solutions to help our customers adapt their company to the requirements of a rapidly changing world.
Ernst & Young Luxembourg provides high-quality specialised services in all key areas to commercial and industrial companies.

... And Public Sector: Ernst & Young Luxembourg has a dedicated team of Luxembourg-speaking professionals and experts with many years’ experience in the Luxembourg public sector, which help the entities of the public sector manage this situation. Our clients include ministries & administrations, municipalities, “établissements publics”, non-profit organisations (ASBL), hospitals.

Ernst & Young provides global Technology, Telecommunications and Media & Entertainment companies with comprehensive services and worldwide coverage. From business planning to operational support, security to due diligence, our team delivers actionable recommendations and services backed by an in-depth understanding of our clients' company—and the market in which they compete.

This practice can help our clients to:

• Manage their risk
  Ernst & Young Technology & Security Risk Services (TSRS) offers an approach that encompasses all revenue assurance aspects in a structured and balanced way.
• - Maximise value by minimising tax exposure
  As the telecommunications industry focuses increasingly on providing global services, advice on the related tax implications is essential. We provide tax advice from a multi-disciplinary perspective, working closely with our corporate finance, industry, and associated legal experts to ensure that our advice is legally viable and commercially appropriate. We have advised a wide range of companies in the telecommunications industry, from start-up ventures to established companies in mature markets. We can help our clients address their tax needs wherever they are located, drawing on our strong international network of tax specialists in over 140 countries.
• - Make more of our client's transactions
  The development of numerous companies is slowed down by a lack of funding and/or a weak financial structure. The Transaction Advisory Services (TAS) department of Ernst & Young assists companies in their search for optimal financial means (capital and debt), in order to create a shareholder base and a financial structure that are better balanced and in line with the requirements of the company: from "early stage" to "maturity".