LuxFLAG will bring together the European impact investment industry in Luxembourg for a panel discussion focused on impact labels, especially the LuxFLAG Microfinance Label, and their potential for promoting sustainable investments. After a short talk about the historical evolution of the microfinance market, the discussion will address the regulatory implications for impact asset managers. This session will be of particular interest for investors looking for microfinance investment opportunities who need to understand the current challenges asset managers face when making impact investment decisions. Investment professionals, but not only, will share their vision of the future developments in microfinance in the financially excluded regions and their implications for the investment fund industry.