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

05/08/21

Adoption of the law implementing a new prudential regime for investment firms

Investment firms offer a variety of services and vary by their size, business model, risk profile and complexity. Considering that their activities an…

03/08/21

Questions and answers clarifying the Sustainable Finance Disclosure Regulation

On 26 July 2021, the EU Commission published a Q&A on the SFDR

01/08/21

New rules proposed to tackle financial crime in the EU: is the European game now over for money launderers?

The European Commission (“Commission”) has been looking to strengthen European anti-money laundering and counter-terrorism financing (“AML/CTF”) enfor…

30/07/21

Cross-border distribution of investment funds – the Luxembourg law of 21 July 2021

The law of 21 July 2021 implementing Directive (EU) 2019/1160 with regard to cross-border distribution of collective investment undertakings (the “CBD…

29/07/21

Follow-up: New rules on pre-marketing and marketing of AIF have been transposed in Luxembourg

As a reminder, Regulation (EU) 2019/1156 (the “Regulation”) and Directive (EU) 2019/1160 (the “Directive” and together the “Cross-Border Marketing and…

27/07/21

The new EU AML-CFT package

This package aims to further enhance the existing EU AML-CFT framework by taking into account new and emerging challenges linked to technological inno…

27/07/21

Cross-border distribution of investment funds – the Luxembourg law of 21 July 2021

The law of 21 July 2021 implementing Directive (EU) 2019/1160 with regard to cross-border distribution of collective investment undertakings (the “CBD…

26/07/21

Protection of the euro against counterfeiting: new requirements applicable to relevant institutions

The Luxembourg legislator has adopted the bill of law 7464[1] amending i.a. the amended laws of 5 April 1993 on the financial sector an…

23/07/21

ESG New European Commission package of measures

On the 21 April 2021, the European Commission released a package of measures to help improve the flow of money towards sustainable activities acr…

22/07/21

Loan origination - CSSF guidance on private lending

On 15 June 2021, the Luxembourg Financial Sector Supervisory Authority (the CSSF) updated its FAQs on the statuses of the Professionals of the Fi…

21/07/21

Luxembourg adopts a new law on the transport of cash entering or leaving the country

On 30 June 2021, the Luxembourg legislator adopted bill of law 7677 (the “Bill of Law”) (i) regarding the organisation of the control of transport of …

19/07/21

Benchmark Regulation | Update to ESMA’S Q&A

On 28 May 2021, ESMA published an updated version of the Questions & Answers (hereinafter the “Q&A”) on the implementation of the&nb…

16/07/21

Modernisation of the authorisation regime for Luxembourg supervised entities

On 14 July 2021, the Luxembourg legislator has adopted, following the first vote and with a waiver for the second vote, the bill of law 7761 amending …

15/07/21

CSSF updated Q&A | Application of MIFID II

On 10 June 2021, the Commission de Surveillance du Secteur Financier (the “CSSF”) published an updated version of its Frequently Asked Questions …

13/07/21

ESG: EU Commission’s Renewed SF Strategy published

The European Commission has published its updated Strategy for Financing the Transition to a Sustainable Economy (‘Renewed SF Strategy’) with over 50 …

12/07/21

Application of SFDR RTS postponed and the European Commission’s New Sustainable Finance Strategy

In a letter dated 8 July 2021 addressed to the Council and the European Parliament, the European Commission stated that it will defer the application …

08/07/21

Adoption of the law of 20 May 2021: what's new?

Following the recent adoption of the law of 20 May 2021 transposing CRD V[1], BRRD II[2] and implementing CRR II[3] into Luxembourg law (the…

05/07/21

Extension of the right for companies to hold meetings without physical attendance until 31 December

A new law has been adopted and published on 30 June 2021 to extend, with immediate effect, until 31 December 2021 the measures contained in …

02/07/21

Extension of the possibility to organise virtual shareholder and board meetings and suspension of the one-mont…

The Act of 30 June 2021 has extended the possibility for Luxembourg-based companies to hold virtual board and shareholder meetings until 31 December 2…

01/07/21

Auditing obligations eased for micro and mid-sized social or societal impact companies

Micro and mid-sized companies having a social or societal impact (société d’impact societal) – referred to here as “SIS” – with turnover or net assets…

19/12/25

19/12/25

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

18/03/26

Strengthening the systems for monitoring and enforcing compl…

12/03/26

Luxembourg retail fund can now have crypto exposure - And wh…

More News & Articles

05/08/21

Adoption of the law implementing a new prudential regime for investment firms

03/08/21

Questions and answers clarifying the Sustainable Finance Disclosure Regulation

01/08/21

New rules proposed to tackle financial crime in the EU: is the European game now over for money launderers?

30/07/21

Cross-border distribution of investment funds – the Luxembourg law of 21 July 2021

29/07/21

Follow-up: New rules on pre-marketing and marketing of AIF have been transposed in Luxembourg

27/07/21

The new EU AML-CFT package

27/07/21

Cross-border distribution of investment funds – the Luxembourg law of 21 July 2021

26/07/21

Protection of the euro against counterfeiting: new requirements applicable to relevant institutions

23/07/21

ESG New European Commission package of measures

22/07/21

Loan origination - CSSF guidance on private lending

21/07/21

Luxembourg adopts a new law on the transport of cash entering or leaving the country

19/07/21

Benchmark Regulation | Update to ESMA’S Q&A

16/07/21

Modernisation of the authorisation regime for Luxembourg supervised entities

15/07/21

CSSF updated Q&A | Application of MIFID II

13/07/21

ESG: EU Commission’s Renewed SF Strategy published

12/07/21

Application of SFDR RTS postponed and the European Commission’s New Sustainable Finance Strategy

08/07/21

Adoption of the law of 20 May 2021: what's new?

05/07/21

Extension of the right for companies to hold meetings without physical attendance until 31 December

02/07/21

Extension of the possibility to organise virtual shareholder and board meetings and suspension of the one-mont…

01/07/21

Auditing obligations eased for micro and mid-sized social or societal impact companies