The Luxembourg Ministry of Finance reported on Finance Minister Gilles Roth’s 7–8 May 2025 visit to London, conducted with Luxembourg for Finance, focused on reinforcing bilateral cooperation in financial services and joint support for open markets and multilateralism. During the mission, Roth met Emma Reynolds, Secretary of State to the Treasury, and representatives of major UK financial sector firms with a presence in Luxembourg, and joined a business lunch organised by the City of London. He highlighted Luxembourg as the United Kingdom’s largest export market for financial services within the European Union and noted that 17% of assets under management in Luxembourg funds come from UK promoters.
Ministry of Finance (Luxembourg)2025-05-08
Luxembourg Ministry of Finance strengthens UK financial services engagement during London mission
Luxembourg's Finance Minister Gilles Roth visited London to strengthen bilateral cooperation in financial services and support open markets and multilateralism. Roth met with UK Treasury Secretary Emma Reynolds and key UK financial sector firms, emphasizing Luxembourg's role as the UK's largest EU export market for financial services and noting that 17% of assets in Luxembourg funds originate from UK promoters.