EU - Prospects of Islamic Finance by Yves Mersch

The speech "Prospects of Islamic Finance: The View of a Central Bank in Europe" has been presented today by Governor Yves Mersch at the Islamic Finance Conference, Frankfurt, Germany.

Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank.

(Photo: Julien Becker/archive)

LUXEMBOURG - Luxembourg's Finmin sees incredible opportunities in Istanbul

Luxembourg's Finance Minister Luc Frieden said that he saw incredible cooperation opportunities in Istanbul.

Attending a seminar at Istanbul Stock Exchange (ISE) titled "Financial Cooperation Opportunities between Luxembourg and Turkey" on Tuesday, Frieden said that the EU and Luxembourg had many things to learn from Turkey, adding that Turkey and Istanbul also had lessons to learn from Luxembourg.

Frieden said that Luxembourg was on a very important place in the aspect of cross-border investment funds.Noting that it was important to have an international structure, Frieden said that laws and regulations should be in line with the international community.