BCL Circular 2009/223 of 20 May 2009 — Foreign Direct Investment Surveys

Luxembourg, 20 May 2009

To all credit institutions and the financial services of the Post and Telecommunications Company (postal checking account services)

BCL CIRCULAR 2009/223
Foreign Direct Investment Surveys

Ladies and Gentlemen,

Pursuant to the provisions of the single article of the Law of 28 June 2000 amending the Grand Ducal Regulation of 10 November 1944 as amended on the control of exchange, the Banque centrale du Luxembourg (BCL) and the Central Service for Statistics and Economic Studies (STATEC) are jointly responsible for drawing up the balance of payments and the global external position of Luxembourg. Paragraph 1 of the single article of the aforementioned law indicates, inter alia, that STATEC is responsible for surveys on foreign direct investment. Within the framework of the collaboration between these two institutions, the BCL is responsible for statistical collection from credit institutions and the Post and Telecommunications Company.

The surveys on foreign direct investment concern all direct investment relationships that the reporting entities have established in their capacity as subsidiaries, affiliated companies or branches of a non-resident investor, or with their own subsidiaries, affiliated companies or branches established abroad.

Please note that for the 2008 survey, the sections concerning subordinated loans and Questionnaire 87 relating to loans between sister companies have been removed. The explanatory notes associated with them set out the practical arrangements for completing the questionnaires and contain a description of the required elements. All these documents in electronic format can be downloaded from the BCL website (www.bcl.lu).

A German version of the questionnaires is also available upon request. In the event of discrepancies between the French and German texts, the French version shall prevail.

The duly completed questionnaires are to be transmitted by post before 30 June 2009 to the following address:

Banque centrale du Luxembourg
Statistics Department
External Statistics Section
2, boulevard Royal
L-2983 Luxembourg

For any information concerning the application of this circular, Mrs. Nathalie Lehmann (tel. 4774 4241) and Mr. Kola Lendele (tel. 4774 4297) are at your disposal.

Please accept, Ladies and Gentlemen, the assurance of our most distinguished sentiments.

BANQUE CENTRALE DU LUXEMBOURG
The Management
Serge KOLB Yves MERSCH