Banque de Luxembourg takes discretion and the privacy of visitors to its website very seriously and we do our utmost to safeguard your trust in us.

With regard to cookies, it is therefore our policy to be meticulous in describing the process of harvesting information collected during visits to the website and to offer you the ability to set the use of cookies according to your wishes.

What is a cookie?

A cookie is a text file that can be placed on your device (computer, tablet or smartphone, etc.) when you view a website. The vast majority of websites use cookies. The use of cookies helps improve your browsing experience.

Why does Banque de Luxembourg use cookies?

When visitors access Banque de Luxembourg’s website, navigation data are temporarily stored in memory or recorded on their computer equipment. Some cookies are necessary for the operation of the site while others are intended to facilitate visitors’ navigation.

There are several types of cookies:

Technical cookies

These cookies, created directly by the tool that hosts the website, are essential to the proper functioning of the platform. They are used for remembering your language preference for the website and your country of residence. Their lifespan is 100 days.

Analytical cookies

These cookies collect your preferences regarding the use of the website (e.g. frequency and duration of visits or number and type of pages viewed) to offer you relevant content in the future. Analytical cookies are used anonymously and the information generated cannot be identified individually. Their lifespan is 13 months.

Advertising cookies

These cookies enable information relevant to your browsing habits and interests when surfing the Internet to be suggested to you. Deactivating them will not result in the elimination of adverts but they will be less relevant to you. Their lifespan is 13 months.

Sharing cookies

These cookies come from third-party websites (Facebook, LinkedIn, Issuu, Addthis, etc.) and enable the content of our website to be shared on social networks. The sharing functions enable you to publish the content you have viewed on your profile and to your friends. The videos available on our apps and web pages are hosted on external platforms (Youtube, Vimeo, etc.), which apply their own privacy policy. Sharing cookies have a lifespan of 13 months.

How can I refuse the use of cookies?

You can choose to accept or refuse to have cookies placed on your device (computer, tablet or smartphone, etc.) via your Internet browser’s settings, at any time.

Depending on the type of browser, you have the following options: accept or reject cookies of any origin or from a given source, or elect to have a message displayed requesting agreement each time a cookie is placed. You can also delete previously saved cookies at any time. We invite you to consult your browser’s online help.

Internet Explorer

https://support.microsoft.com/help/17442/windows-internet-explorer-delete-manage-cookies

Google Chrome

https://support.google.com/chrome/answer/95647

Firefox

https://support.mozilla.org/fr/kb/activer-desactiver-cookies-preferences

Safari

https://support.apple.com/guide/safari/sfri11471/mac

Partial or total refusal of statistical and/or technical cookies will limit the availability of the website’s content and functionalities. By continuing to view Banque de Luxembourg's website without any particular setting of your Internet browser, you authorise Banque de Luxembourg to place cookies of any kind.

You are connected to the website of

Banque de Luxembourg, Belgian Branch
120, Chaussée de la Hulpe
B-1000 Bruxelles

Registered under the company VAT number: BE0830227057 - RPM Bruxelles - BIC (Bank Identifier Code) : BLUXBEBB. Banque de Luxembourg, Belgian branch, is a branch of Banque de Luxembourg, hereinafter "Banque de Luxembourg, Belgian branch".

Banque de Luxembourg, Belgian branch is a financial institution subject to the supervision of the Belgian financial services and markets authority: FSMA (Autorité des Services et Marchés Financiers)
12-14 Rue du Congrès
B-1000 Brussels.
Phone: + 32 (0)2 220 52 11.
Fax: + 32 (0)2 220 52 75.
http://www.fsma.be/ and Banque Nationale de Belgique (BNB)
14 Boulevard de Berlaimont
B-1000 Brussels.
Phone +32 (0) 2 221 21 11.

Banque de Luxembourg is a société anonyme governed by Luxembourg law, registered in the Luxembourg Trade and Companies Register (registration No. B 5310) and authorised by the Luxembourg Ministry of Finance as a financial institution (registration No. 27077). Social security registration No. 1953 2200 019, VAT registration number: LU 105 902 81. Hereinafter referred to as "Banque de Luxembourg".

It is regulated by Luxembourg's financial sector supervisory authority:
CSSF (Commission de Surveillance du Secteur Financier)
283, Route d'Arlon
L-1150 Luxembourg.
Phone: (+352) 26 25 1 - 1 (central)
Fax: (+352) 26 25 1 - 2601
http://www.cssf.lu/

Content Manager: Banque de Luxembourg

Webhost: Banque de Luxembourg

I. General terms and conditions for the use of the site:

Aim of the website:

The purpose of this website is to present Banque de Luxembourg, Belgian branch, and its activities. It should not be considered as constituting a permanent establishment or effective cross-border provision of services outside Belgium. Residents of a country which, for reasons linked to their nationality or country of residence, forbids access to the websites of foreign banks must refrain from consulting this website. Banque de Luxembourg, Belgian branch declines all responsibility with regard to such persons and invites users to check prior to visiting the website that no regulations prevent or restrict them from using the site provided by Banque de Luxembourg, Belgian branch.

Applicable law and competent jurisdictions

This website, together with the links and transactions available through it, are governed by Belgian law, specifically Book XII Chapter 1 of the Economic Law Code governing certain legal aspects of the information society. Banque de Luxembourg, Belgian branch undertakes to comply with Belgian laws and regulations governing the use of a website, the CSSF's recommendations of December 2001 on "Financial Services Provision on the Internet", and the FSMA's regulations of 7 April 2009 on "Financial Services via the Internet: prudential requirements".

Disputes arising from the use of this website are subject to the jurisdiction of Belgium. Complaints should be sent to Banque de Luxembourg, Belgian branch, at the address given in the section "Not happy with our services?" above. ».

Access to this website shall be considered to have taken place directly at the head office of Banque de Luxembourg, Belgian branch at the date and time shown on the Banque de Luxembourg, Belgian branch server, with the connections log serving as proof thereof.

Access to and use of the site:

Access to this website and the conditions of use are governed by this legal information. The legal information contained herein may be subject to change and Banque de Luxembourg, Belgian branch invites visitors to the website to check this information on a regular basis.

The current website is designed to provide information for Banque de Luxembourg, Belgian branch Clients and persons who are not Clients of Banque de Luxembourg, Belgian branch. However, products and services presented on the website are strictly reserved for Clients holding an account with Banque de Luxembourg, Belgian branch. Some products or services presented on this website may be barred from sale for certain categories of people. It is the responsibility of each individual to check whether the products and services presented correspond to their current personal situation. The fee schedule of Banque de Luxembourg, Belgian branch applies to these products and services. It is available on the website.

Users are reminded that secrecy with regard to messages sent over the internet is not guaranteed and that they must take appropriate precautions to ensure that their data and/or software are protected from internet viruses and the usual risks associated with the use of the internet (information theft, identity theft, etc.).

Any transaction conducted by the Client following identification and authentication of their identity on this website shall be considered to have been made by the Client, and the Client shall be solely responsible for the consequences. In the event of the theft or loss of the Client's identification information, the Client must inform Banque de Luxembourg, Belgian branch immediately.

Website content:

The information published on this website should be considered as "advertising" within the meaning of Book XII Chapter 1 of the Economic Law Code governing certain legal aspects of the information society. Persons accessing this website accept in advance any communication of a commercial nature that they receive from Banque de Luxembourg, Belgian branch via this website or by electronic mail.

This website contains information made available by external companies and hypertext links to other sites that have not been developed by Banque de Luxembourg, Belgian branch. The existence of links from the website of Banque de Luxembourg, Belgian branch to another website shall not constitute an approval or guarantee of the content or the provider who operates this other website.

The financial and economic information published on this website is provided for information purposes only and under no circumstances can it be considered as constituting a product offering, recommendation or solicitation to invest. It must be used with the greatest caution. Banque de Luxembourg, Belgian branch provides no guarantee as to the accuracy, reliability, timeliness or completeness of this information. Banque de Luxembourg, Belgian branch cannot be held liable for such information or decisions that a person may take on the basis thereof. Potentially interested parties must carefully consider the appropriateness of their investments to their specific situation and ensure that they understand the risks involved in their investment decisions.

The subfunds of BL SICAV are registered for distribution in Luxembourg, France, Belgium, Germany, Austria, Spain, Sweden, Denmark, Finland, Switzerland and Singapore. The subfunds of BL Fund Selection SICAV are registered for distribution in Luxembourg, France, Belgium, Germany, Austria, Sweden and Singapore.

Banque de Luxembourg, Belgian branch reserves the right to modify the content of the site or restrict access, whenever such actions are deemed suitable.

The other exclusion of liability clauses present on other pages of the website of Banque de Luxembourg, Belgian branch should be read in conjunction with this legal information. Where applicable, in the event of any dispute regarding these provisions, these special clauses shall take priority.

Hypertext links:

The creation of hypertext links to this website is subject to the express prior agreement of Banque de Luxembourg, Belgian branch.

Banque de Luxembourg, Belgian branch shall not be liable for hypertext links from the current website to other websites, irrespective of the circumstances.

Personal data:

Users of this website are informed that their personal data may be used by Banque de Luxembourg, Belgian branch and automatically processed. Personal data communicated via this website may be processed by Banque de Luxembourg, Belgian branch for sales purposes.

Cookies:

Cookies policy

Location data:

When you visit a Banque de Luxembourg website, data about your geographic position are collected and processed, such as GPS signals sent by a mobile device. These data serve to connect you directly to the Banque de Luxembourg website registered under a domain name corresponding to the country code from which the connection is made. Accordingly, a connection made from Belgium via a search engine will automatically connect you to the Banque de Luxembourg, Belgian branch website. The data collected concerning the user's geographic position will be collected exclusively for this purpose and held temporarily in the memory or recorded on the computer device of the user, particularly for the purpose of facilitating navigation on the site (see the above section "Personal data and cookies").

Copyright:

Any reproduction or representation, in whole or in part, of pages, data, logos or any other aspect of this website by any process or tool whatsoever, without the express permission of Banque de Luxembourg, Belgian branch is an infringement of copyright.

Phishing:

The Bank will never contact Clients by email to ask them to click on a hypertext link or to obtain confidential data (such as account numbers, access codes or bank card details).

Banque de Luxembourg, Belgian branch cannot be held liable if a Client is subject to a phishing attack following which confidential information relating to their bank account(s), such as the bank account number(s), access codes, or bank card(s) is disclosed.

The Client must exercise extreme caution with regard to emails from third parties masquerading as Banque de Luxembourg, Belgian branch or Banque de Luxembourg, which may contain hypertext link or a request for confidential information (such as account numbers, access codes or bank card details). Under no circumstances can Banque de Luxembourg, Belgian branch be held responsible for losses incurred by the Client as a result.

Fees:

Access to the website is free with the exception of the costs of internet access (internet service and telephone communication), billed directly to the Client by the operators.

Banque de Luxembourg, Belgian branch complies with the codes of conduct of the Belgian federation for the financial sector: Febelfin (Fédération belge du secteur financier); these can be viewed on Febelfin's website (www.febelfin.be).

Not happy with our services?

Any complaints may be sent by letter to the Head Office of Banque de Luxembourg, Belgian branch:
120, Chaussée de la Hulpe
B-1000 Bruxelles
or by email

If the solution proposed by the Bank is not considered satisfactory, the Client, an individual person acting in a personal capacity, may submit the dispute in writing to the bank credit and investment mediation service (Service de Médiation Banques - Crédits- Placements), by letter to the following address:
Service de Médiation Banques Crédits Placements
Rue Belliard 15-17, Boîte 8, B-1040 Brussels
Or by email: ombudsman@ombfin.be
Or using the complaint form available on its website www.ombudsfin.be

II. Specific terms and conditions for the use of the private part of the website:

Access and use of the site are subject to Banque de Luxembourg, Belgian branch's General Terms & Conditions governing use of the Internet, signed by the Client. All communication established between Banque de Luxembourg, Belgian branch and the Client and all transactions operated or conducted via the website shall be considered to have taken place directly at the head office of Banque de Luxembourg, Belgian branch at the date and time shown on the Banque de Luxembourg, Belgian branch server, with the connections log serving as proof thereof

Services offered:

This website offers the following services:

  • Access to the Client’s account(s),
  • Presentation of a selection of investment funds,
  • Possibility of transmitting buy or sell orders for units or shares in undertakings for collective investment,
  • Transfers to other accounts,
  • Email correspondence with Banque de Luxembourg.

Banque de Luxembourg, Belgian branch reserves the right to alter these services at any time.

Acceptance of the risks related to transactions on financial instruments

Banque de Luxembourg, Belgian branch draws the Client's attention to the fact that the transmission of orders concerning units or shares in undertakings for collective investment and any other transactions involving financial instruments involve particular risks related specifically to the characteristics of these stocks, fluctuations in their prices and on the financial markets, and the conditions in which the transactions are executed. The Bank hereby informs the Client that it has no influence on these risks and warns the Client that the information available on the stocks, and in particular those relating to past performance, cannot predict future performance.

The Client, acting in accordance with his/her personal investment policy, acknowledges that he/she assumes in full all the risks inherent in the investments that he/she asks Banque de Luxembourg, Belgian branch to execute on his/her behalf, including and without limitation market risk (risk related to exchange rates, share prices, etc.), currency risk, counterparty risk (risk of the debtor defaulting, etc.), convertibility risk, country risk and risk related to or underlying any derivative financial instruments.

The Client formally discharges Banque de Luxembourg, Belgian branch from any responsibility with regard to the quality and performance of all the assets and investments he/she holds there and declares he/she accepts all material losses, on the understanding that the losses may in some cases exceed the amount of the assets deposited at Banque de Luxembourg, Belgian branch.

The Client also declares that he/she is an informed investor and understands the operation of the instruments traded, their technical features and the risks inherent in the investments he/she is proposing to make as part of his/her personal investment policy, including the risks related to transactions on derivatives, on securities issued by low-quality debtors, on unlisted and private equity shares, and on structured products.

Methods for executing transactions:

Transactions made on the website are conducted in accordance with Banque de Luxembourg, Belgian branch's General Terms and Conditions, which the Client has accepted.

Right of revocation:

The Client has no right to revoke his/her buy or sell orders for units or shares in undertakings for collective investment, nor more generally for other transactions concerning financial instruments whose price depends on financial market fluctuations. The revocation or alteration of other transactions is only possible in accordance with the legal provisions and the General Terms and Conditions.

Certification:

Access to the website of Banque de Luxembourg, Belgian branch as well as any instructions given by the Client may be securitised by electronic certificates issued by Banque de Luxembourg, Belgian branch, which the Client and Banque de Luxembourg, Belgian branch formally recognise are "qualified certificates" within the meaning of the Law of 9 July 2001, which sets certain rules on the legal framework for electronic signatures and certification services.

* Mémorial A No.96 - 8 September 2000, p. 2175.