What is the structure of the LuxFLAG Agency?
The LuxFLAG agency is an independent, non profit making, association created in July 2006 by seven partners who are the founding members. The agency is managed by a Board of Directors who represent the founding members. The analysis of applications by funds seeking a LuxFLAG Label is delegated by the Board to an Eligibility Committee, composed of Board Members and external microfinance experts. This panel makes recommendations to the Board which takes the final decision.
