Circular Letter ST.20-0377 — Foreign Direct Investment Investigation 2019

2, boulevard Royal ◦ L-2983 Luxembourg ◦ E-mail: reporting.bop@bcl.lu Ref.: ST.20-0377 Luxembourg, May 4, 2020 Circular Letter To all credit institutions and to the financial services of the Postal and Telecommunications Company Subject: Foreign Direct Investment Investigations

Dear Sirs, Madams,

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

The investigations into foreign direct investment concern all direct investment relationships that declarants 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 located abroad.

The questionnaires and the explanatory notes related thereto can therefore be downloaded, in French and English, from the following link:
http://www.bcl.lu/fr/reporting_reglementaire/Etablissements_credit/Balance-despaiements-et-position-exterieure-globale/Instructions/Enquete-annuelle-IDE/index.html

In the event of divergence between the French and English texts, the French version shall prevail.

Completed questionnaires must be submitted before June 19, 2020.

2, boulevard Royal ◦ L-2983 Luxembourg ◦ E-mail: reporting.bop@bcl.lu If your institution experiences delays, we invite you to inform us before this date, via a duly motivated letter.

Documents related to the investigation may be submitted to the BCL through the following transmission methods:

• preferably via secure channel using the electronic transmission means provided by SOFiE (OTX channel) or E-file (miscellaneous correspondence).
  The following file name structure must then be strictly respected:
  OTXREP-B0nnn-BOP_IDE_2019_B0nnn_20200619_001.xls where nnn corresponds to the BCL number of the reporting credit institution.
• via email (unsecured transmission) to
  reporting.bop@bcl.lu by mentioning in the subject line: BCL No – FDI 2019.
• via post to the following address:
  Banque centrale du Luxembourg
  Statistics Department - External Statistics Section 2, boulevard Royal L-2983 Luxembourg

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

Please accept, Dear Sirs, Madams, the assurance of our perfect consideration.

BANQUE CENTRALE DU LUXEMBOURG
Germain Stammet Roland Nockels
Section Head
External Statistics
Head of Department
Statistics