LuxCMA
Luxembourg Capital Markets Association
LuxCMA
Luxembourg Capital Markets Association

Our Role in Luxembourg's Capital Markets
LuxCMA is dedicated to representing the collective interests of all stakeholders in Luxembourg's primary capital markets industry. We strive to strengthen the sector's growth and visibility on both local and international stages.

Who We Are
The Luxembourg Capital Markets Association (“LuxCMA”) represents the common interests of all stakeholders of the primary capital markets industry of Luxembourg.

Our Mission
Promote Luxembourg’s capital markets, provide networking and collaboration opportunities, and foster innovation in the industry.

Our Vision and Objective
LuxCMA’s goal is to become the single
point of contact for authorities,
associations, market practitioners and
other actors.
Leadership and Governance Structure
LuxCMA, constituted on 1 March 2019, is a not-for-profit association (a.s.b.l.).
The association’s offices are located at 6, Rue Jean Monnet, L-2180 Luxembourg.
In addition to the Executive Board, composed of:
- Chair: Frank Mausen (A&O Shearman)
- Vice-Chair: Cathrine Foldberg Møller (Simmons & Simmons)
- Treasurer: Holger von Keutz (PwC)
- Secretary: Isa Ribeiro (Clearstream)
The following members have been elected to the Board at the occasion of the Annual General Assembly held on 12 May 2025:
Altum Group, Deloitte, EY, GSK Stockmann, Linklaters, LuxCSD, Luxembourg Stock Exchange, Spuerkeess and TMF Group.

Join us at LuxCMA
Being a Member of LuxCMA gives you access to the intelligence, resources and services your company needs to capitalise on the opportunities and challenges that are driving your business.
Our Working Groups
Discover all our Initiatives
LuxCMA unites key players in primary capital markets to advance common interests. To accomplish this, LuxCMA has established 9 Working Groups and Task Forces, supported by our members and led by dedicated chairpersons. All LuxCMA members are welcome to contribute their expertise.
Want to find out more?
🎙️ Let's Talk About... Podcast
In our latest episode, we break down one of today’s most dynamic, and often misunderstood, sustainability tools: 𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗿𝗲𝗱𝗶𝘁𝘀. What are they really? How do they work? And how is Luxembourg positioning itself as a key hub for carbon credit trading and securitisation?
🎙️Hosted by Beata Wlodarczak-Mantione, LL.M., MBA (VISTRA), with insights from Miao LI, FRM, CFA ESG Investing (Banque Internationale à Luxembourg (BIL), Ruslana Hrischeva (White & Case LLP, Luxembourg), and Danis Arvanitidis (AKD), this episode explores the evolving role of carbon credits in driving climate impact and the growing strategic importance of Luxembourg in this space.
Whether you're curious about ESG investing, market infrastructure, or the financial future of carbon trading, this episode brings clarity to a complex and timely topic.
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