News from and about the Luxembourg legal community, articles on legal and tax topics and legal library

21/06/22

CSSF AML/CFT reporting tool: first reporting period approaches

Following the publication of three circular letters [1] in December 2021 introducing new prudential and AML/CFT reporting requirements,…

21/06/22

Introduction of a New eDesk Module – ePassporting

Following the publication on 12 May 2022 of CSSF Circular 22/810 on pre-marketing and cross-border marketing notification procedures, the CSSF has rel…

19/06/22

EBA guidelines on the role and responsibilities of the AML/CFT Compliance Officer

On 14 June 2022, the European Banking Authority (“EBA”) released its guidelines on policies and procedures in relation to compliance management and th…

14/06/22

Governance within smaller banks - key takeaways from the ECB thematic review

In the context of its 2022-2024 Supervisory Priorities, the ECB carried out a thematic review of the governance arrangements of more th…

10/06/22

Deletion of documents published with the RCS – Recent Luxembourg case law

Legal proceedings were initiated in front of the Luxembourg district court by a public limited liability company (société anonyme), seeking the deleti…

03/06/22

CSSF Circular 22/811 on UCI Administrators

On 16 May 2022, the CSSF issued Circular 22/811 concerning the authorisation and organisation of entities acting as UCI administrators (“Cir…

24/05/22

Draft report on the Commission’s proposal to amend the AIFMD: key changes

On 16 May 2022, the draft report on the proposal for a directive of the European Parliament and of the Council amending Directives 2011/61/E…

19/05/22

CSSF Circular 22/811 - Authorisation and Organisation of Entities Acting as UCI Administrators

On 16 May 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/811 on the authorisation and organisation of entities acting as U…

18/05/22

CSSF Circular 22/810 - Pre-marketing and Cross-border Marketing Notification Procedures

On 12 May 2022, the CSSF published Circular 22/810 on the procedures to be followed by Luxembourg-based undertakings for collective investment in tran…

17/05/22

New CSSF Circular on UCI Administrators

The Commission de Surveillance du Secteur Financier issued a circular regarding the authorisation and organisation of entities acting as UCI administr…

09/05/22

Luxembourg regulator published a guidance for consumers in the context of virtual assets

On 27 April 2022, the CSSF published a guidance for consumers in the context of virtual assets (the “Guidance”). In the context of digital communicati…

06/05/22

Publication of the Commission Delegated Regulation (EU) with regard to regulatory technical standards on SFDR …

After the entry into force of the Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector on 10 March 2021 ("…

05/05/22

Central administration, internal governance and risk management requirements: CSSF update

On 22 April 2022, the Commission de Surveillance du Secteur Financier (the “CSSF”) issued the Circular CSSF 22/807 updating the amended…

05/05/22

Piercing the corporate veil of a Luxembourg limited liability company - Recent case law

On 3 April 2019, the Luxembourg court of appeal reiterated certain principles applicable for a claimant seeking to pierce the corporate veil of a Luxe…

04/05/22

Reform of the right of establishment in Luxembourg: what to expect?

On April 8, 2022, the Minister of Middle Classes submitted draft bill n°7989 amending the law dated September 2, 2011 regulating access to t…

03/05/22

Luxembourg financial regulator adopts new rules governing outsourcing arrangements

On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") published a set of documents on outsourcing arrangements …

03/05/22

Luxembourg regulator announces new requirements on central administration, internal governance and risk manage…

On 22 April 2022, the CSSF released Circular CSSF 22/807 which updates the Circular CSSF 12/552 on central administration, internal governance and ris…

27/04/22

Inactivity in accounts, safe-deposit boxes and insurance contracts: a new era will now begin!

Following a lengthy parliamentary process, the new law on inactive (bank) accounts, safe-deposit boxes and unclaimed insurance contracts (the “La…

27/04/22

Revamped CSSF outsourcing guidance for the financial sector

On 22 April 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/806 on outsourcing arrangements (the "Circular"). By …

25/04/22

Status of foreign direct investments (FDI) screening regulation in Luxembourg

As in Switzerland, the legislative process for the adoption of a regulation of foreign direct investments ("FDI") is underway, with the adoption of a …

19/12/25

19/12/25

Gender Balance on Boards of Listed Companies: Luxembourg transposes EU Directive

09/02/26

New investment rules for Luxembourg unit-linked life insuran…

29/01/26

US fund managers: structuring considerations for Belgian Pri…

More News & Articles

21/06/22

CSSF AML/CFT reporting tool: first reporting period approaches

21/06/22

Introduction of a New eDesk Module – ePassporting

19/06/22

EBA guidelines on the role and responsibilities of the AML/CFT Compliance Officer

14/06/22

Governance within smaller banks - key takeaways from the ECB thematic review

10/06/22

Deletion of documents published with the RCS – Recent Luxembourg case law

03/06/22

CSSF Circular 22/811 on UCI Administrators

24/05/22

Draft report on the Commission’s proposal to amend the AIFMD: key changes

19/05/22

CSSF Circular 22/811 - Authorisation and Organisation of Entities Acting as UCI Administrators

18/05/22

CSSF Circular 22/810 - Pre-marketing and Cross-border Marketing Notification Procedures

17/05/22

New CSSF Circular on UCI Administrators

09/05/22

Luxembourg regulator published a guidance for consumers in the context of virtual assets

06/05/22

Publication of the Commission Delegated Regulation (EU) with regard to regulatory technical standards on SFDR …

05/05/22

Central administration, internal governance and risk management requirements: CSSF update

05/05/22

Piercing the corporate veil of a Luxembourg limited liability company - Recent case law

04/05/22

Reform of the right of establishment in Luxembourg: what to expect?

03/05/22

Luxembourg financial regulator adopts new rules governing outsourcing arrangements

03/05/22

Luxembourg regulator announces new requirements on central administration, internal governance and risk manage…

27/04/22

Inactivity in accounts, safe-deposit boxes and insurance contracts: a new era will now begin!

27/04/22

Revamped CSSF outsourcing guidance for the financial sector

25/04/22

Status of foreign direct investments (FDI) screening regulation in Luxembourg