News & Articles

The perfect place for any legal or tax professional to keep abreast of everything that’s happening on the Luxembourg legal scene

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Ogier strengthens Luxembourg banking and finance team

Real estate and private equity specialist Delphine Gomes has joined Ogier's Banking and Finance team in Luxembourg as counsel, bringing more than a decade of experience in cross-bo…

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DLA Piper advises on investment in NATO Innovation Fund

The Luxembourg and Polish offices of the global law firm DLA Piper have assisted the Polish Ministry of National Defence, the Polish Development Fund (PFR), and PFR Ventures in the…

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15/04/24
Bill of law for the transposition of CSRD in Luxembourg

Following the adoption of the corporate sustainability reporting directive:…

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08/04/24
Reform of Circular 02/77 on NAV calculation errors and inves…

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Each day we publish several articles written by legal and tax specialists from law firms, notaries offices, the legal departments from payroll agencies and tax consultants.

It is the perfect way for lawyers at the Bar, in-house counsel, barristers, solicitors, notaries, bailiffs, paralegals and any other legal professional with an interest in Luxembourg and European law to keep informed of new legislative initiatives, case law, legal doctrine and all other legal developments on the Belgian legal scene!

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More News & Articles

AIFMD 2 - a fine-tuning of the AIFMD framework and targeted harmonisation with the UCITS framework

The text of the political agreement on the review of the alternative investment fund managers directive has been published. The political agreement am…

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New guidance on remuneration requirements based on MiFID II

On 13 October 2023, the CSSF released a circular on remuneration requirements under Directive 2014/65 on markets in financial instruments (“MiFID II”)…

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Luxembourg: Insolvency law reform

On 1 November 2023, the Luxembourg law dated 7 August 2023, issued from Draft Bill No. 6539A on business preservation and modernization of the insolve…

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The Council adopts the EU Green Bonds Regulation

On 23 October 2023, the Council of the European Union (the Council) adopted in first reading the regulation on European green bonds standards (the EU …

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Law of 7 August 2023 on non-profit associations and foundations (as consolidated on 23 September 2023)

The rationale behind adopting this law was to update and streamline the 1928 law applicable to non-profit associations and foundations (Non-Profit Org…

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Payment services and financial data access

In 2022, the European Commission evaluated the application and impact of the second payment services directive1 (“PSD II”), the conclusions of which r…

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ASBL et fondations : entrée en vigueur de la réforme de la loi de 1928

Il aura fallu pas moins de 14 ans afin de réformer une loi qui datait de près de 100 ans, ce qui n’est pas sans rappeler la réforme de la loi sur les …

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Draft Law No. 8291 on the digital operational resilience of the financial sector

On 4 August 2023, the draft law No. 8291 (the "Draft Law") aimed at (i) implementing Regulation (EU) 2022/2554 of 14 December 2022 on the digital oper…

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ESG in the banking sector - CSSF review on diversity in management bodies of credit institutions

On 10 October 2023, the Commission de Surveillance du Secteur Financier (CSSF) published the outcome of an investigation (CSSF Review) launched in Apr…

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ESMA | Public statement on sustainability disclosure in prospectuses

On 11 July 2023, ESMA issued a public statement on the sustainability disclosure expected to be included in prospectuses in order to satisfy the requi…

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Accounting and reporting guidance for US fund managers using Luxembourg fund sleeves – New York office Snippet…

For a variety of reasons, European investors generally prefer to be onboarded by US fund managers in a fund vehicle organized as a Luxembourg special …

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Key takeaways from the ESAs' 2023 Joint Report on voluntary disclosures of principal adverse impacts under SFD…

The landscape of sustainable finance is undergoing rapid transformation, fueled by a global commitment to Environmental, Social, and Governance (ESG) …

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FATF's Comprehensive Evaluation of Luxembourg's Financial Systems

Following the on-site visit for mutual evaluation of Luxembourg made by the Financial Action Task Force (FATF) from 2 November 2022 to 18 November 202…

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Reform of Luxembourg’s non-profit (ASBL) regime: decoding the main amendments

On 28 June, Bill No. 6054 on non-profit organisations ("ASBLs") and foundations was voted into law. The law will enter into force in September and rep…

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The European Commission launches a consultation on the implementation of SFDR

The European Union’s (the EU) Sustainable Finance Disclosures Regulation (SFDR) came into force in March 2021 and has kept the industry busy (and some…

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New bill of law to enhance the resilience of critical entities

On 1 September 2023, a bill of law implementing directive 2022/2557 on the resilience of critical entities (the “Bill of Law”) was filed with the Parl…

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New directive on consumer credit adopted by EU Parliament

On 12 September 2023, the EU Parliament adopted the Directive on Consumer Credits (CCD II), which will repeal Directive 2008/48/EC of 23 April 2008 on…

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Contemplated new framework to modernise payment services

On 28 June 2023, the European Commission published a Proposal for a Directive on payment services and electronic money services in the internal market…

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The revamping of some unclear provisions of the 1915 law pursuant to the 2016 reform enacted by the law of aug…

The law of August 10, 1915 on commercial companies (the “1915 Law”) was the subject of a major reform completed by the adoption of the law of August 1…

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CSSF Thematic Review on the implementation of sustainability-related provisions in the investment fund industr…

As sustainable finance gains momentum, regulators worldwide are placing greater emphasis on the integration of environmental, social, and governance (…

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