The European Central Bank and Commission de Surveillance du Secteur Financier (CSSF) have jointly lodged the submission in Luxembourg.
The announcement has been accompanied by the firm’s commitment to invest €200 million in Luxembourg and across the wider region to support its growth across the EU.
The move to set up a new base of operations in the country is also expected to contribute towards the creation of 300 new jobs, including positions in management, compliance, risk, product development, business control, technology and operations.
