The Luxembourg Fund Labelling Agency
(LuxFLAG) is an independent, non profit making, association created
in Luxembourg in July 2006 by seven founding partners who are the
Charter Members.
The Agency aims to promote the raising
of capital for microfinance by awarding a recognisable label to
eligible Microfinance Investment Vehicles (MIV). Its objective is
to reassure investors that the MIV actually invests, directly or
indirectly, in the microfinance sector. The MIV may be domiciled
in any jurisdiction that is subject to a level of national supervision
equivalent to that available in European Union countries.
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