(L-R): Mr. Claude Marx, Mr. Pierre Gramegna, Mr. Marco Zwick; Credit: CSSF

On Monday 3 September 2018, Luxembourg's Minister of Finance, Pierre Gramegna, officiated at the swearing in of Marco Zwick as a new director of the CSSF, Luxembourg's financial regulator.

Marco Zwick succeeds Simone Delcourt, who has retired, and takes over the fields of competence of UCIs and specialised PFS. Marco Zwick, who holds a Master’s degree in Business Administration from Sheffield Business School (Hallam University) has held various functions in the financial sector since 1989, including being the Head of Compliance of Deutsche Börse Group and Head of Compliance and Risk, EMEA, for Schroders prior to joining RBC Investor & Treasury Services in May 2015 as Chief Compliance Officer for Europe, UK and Asia.

He has been chairing the AML Working Group of ALFI for the past 13 years. Since November 2017, Marco has been co-chairing with the US Stock Exchange Commission the FATF working group on the Risk Based Approach Guidance for Securities. He has also been the President of the Luxembourg Association of Risk Management from 2010-2016 and is a member of the Board of the Economist Club in Luxembourg.