Luxembourg’s Ministry of Finance reported that Finance Minister Gilles Roth travelled to London on 11 November 2025 for a financial mission with Luxembourg for Finance, meeting major UK financial-sector firms to discuss European financial market competitiveness and integration. The firms met indicated they intend to continue and intensify the development of their European activities from Luxembourg. During a high-level dinner organised by the Financial Times in partnership with Luxembourg for Finance and in a live Bloomberg “The Opening Trade” appearance, Roth argued that Europe’s constraint is a lack of scale and called for more connected markets so innovation and capital can circulate freely across borders. He opposed centralised supervision as the route to integration, instead calling for trust, coherence and convergence in supervisory practices and highlighting Luxembourg’s international, cross-border financial centre as a channel to mobilise capital for investment needs spanning digital transformation, the energy transition and defence.
Ministry of Finance (Luxembourg) 2025-11-12
Luxembourg Ministry of Finance leads London mission to push EU financial market integration and supervisory convergence
Luxembourg’s Finance Minister Gilles Roth visited London to discuss European financial market competitiveness with major UK financial firms. Roth emphasized the need for connected markets to facilitate innovation and capital flow, opposing centralized supervision in favor of trust in supervisory practices. He highlighted Luxembourg's role as a cross-border financial center for mobilizing capital for digital transformation, energy transition, and defense investments.