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A center in Luxembourg

Because of its enviable geographical location in the heart of Europe, the Grand Duchy of Luxembourg has a strong position in the international market and is a reference for the creation of multinational companies.

With an effective network of international air, land and river transportation, Luxembourg has become one of the world's most important center for financial transactions as well as for merchandise trade.

In addition, in order to ensure the reliability and flexibility required to develop financial markets, Luxembourg has a legal system which is in line with the expectations of the financial community. It also now has a number of EU institutions located on its territory.

Luxembourg is currently the place of registration of over 200 universal banks, some of them operating in the domestic market, but most of them, through major bank subsidiaries, focusing on intimation markets.

Some 1 6,000 securities are listed on the Luxembourg Stock Exchange, most of them Eurobonds, issued by dose to 3,500 institutions in over 90 countries.

Many closed-end or open-end investment companies are based in Luxembourg. For transactions in negotiable securities, in 1970 a number of major banks set up a securities clearance facility, Cedel Bank, in Luxembourg. Cedel Bank has over 2,000 members from 84 countries, with dose to US$ 1.8 trillion worth of securities on deposit and a transaction volume of over US$ 10 trillion.
Over 90 insurance companies and 250 reinsurance companies are based in Luxembourg.

It is currently estimated that 13,000 holding companies are based in Luxembourg.

Luxembourg has a body of regulations which ensure total legality and transparency of transactions initiated there.

It has signed the European Agreement on Legal Assistance in Criminal Matters, under which, if a crime is committed, it undertakes to lift banking secrecy. It also has a law against money-laundering, and in January 2001 passed a law providing that companies could be registered only with officially authorized professionals, e.g. lawyers, certified public accountants and auditors, or with companies directly subject to the strict laws on banking institutions. With that, it has effectively dispelled the myth of its being a jurisdiction where anything goes, which was never true in the first place.

The "Acampora Network" can provide both individual and institutional services, with a full range of corporate, tax, accounting and other specialized financial services in Luxembourg.

Through associated banks and specialized firms, the "Acampora Network" can provide financial and estate management services.

In providing such services, the "Acampora Network" can be particularly effective. It can provide targeted services, such as carrying out fiduciary assignments, creating tax-effective holding companies, and, for achieving the scope of multinational structures, financial holding companies (soparfi) which optimize tax treatments through double-taxation agreements.

In addition, the "Acampora Network" domiciles companies for which it provides administrative, income tax and VAT services.

And finally, the "Acampora Network" can also, through Luxembourg, deal with problems in business law and international tax law under contracts subject to specific legal systems and regulations, e.g. leasing, franchising, factoring, know-how, management contracts, etc. and financial-market transactions, e.g. securities trading, financial intermediaries, etc. and financial products, e.g. swaps, futures, currency hedging, joint ventures, investment funds, etc..