Luxembourg financial regulator to be questioned over controversial Israel decision
Luxembourg regulator on the hot seat as finance, diplomacy and activism collide Regulatory shuffle sparks protests In a story that folds finance into foreign policy, Luxembourg’s financial watchdog is set to face questioning by lawmakers after approving paperwork that allows Israel to sell bonds into the European market. The decision follows a move at the start of September when Israel shifted the authorisation for its bond prospectuses from the Central Bank of Ireland to Luxembourg’s regulator. The move has been…