On 3 October 2025, bill of law no 8628 implementing Directive (EU) 2024/927…
US fund managers (USFM) often turn to Luxembourg for EU capital raising and…
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!
Atypical assets such as wine, diamonds, art or animals to be eligible assets only for SIFs and Part II UCIs dedicated to professional investors. On J…
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On December 23rd 2015, Regulation (EU) 2015/2365 of the European Parliament and of the Council of November 25th 2015 on transparency of securities fin…
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Two new regulations recently released by the CSSF will have a significant impact on regulated investment vehicles in Luxembourg. These regulations spe…
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The CSSF has issued circular 15/633 concerning the financial information to be reported on a quarterly basis by investment fund managers and their bra…
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The SFTR, which is due to be published shortly, aims at increasing the level of transparency in securities financing transactions such as securities o…
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The CSSF published yesterday Circular 15/627 issuing guidance concerning a “new monthly reporting to the CSSF – U 1.1 reporting”.
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Earlier this week the Commission de Surveillance du Secteur Financier (“CSSF”) has put online a document titled “Frequently Asked Questions concerning…
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On December 9th 2015 Regulation (EU) 2015/760 of the European Parliament and the Council of 29 April 2015 on European long-term investment funds (the …
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On December 14th 2015 the draft law relating to the Reserved Alternative Investment Funds (the “RAIFs”) was deposited with the Luxembourg Parliam…
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On 30 November 2015, the European Commission published a proposal to replace the existing Prospectus Directive (Directive 2003/71/EC) with a regulatio…
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According to the Court of Appeal, instead of entirely putting an end to bankruptcy operations, the decision to close the bankruptcy case only "suspend…
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The CSSF has provided clarifications in relation to the provisions of Directive 2013/50/EU which introduces amendments to the Transparency Direct…
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The Minister of Finance of the Grand Duchy of Luxembourg has announced it has granted the first bitcoin licence to provide services as a regulated pay…
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The Luxembourg government approved the draft bill on a new type of AIF, the reserved alternative investment fund ("RAIF"). It’s a new type of Luxembou…
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Last Friday, the bill of law introducing a new type of Luxembourg alternative investment fund ("AIF") managed by an authorised AIFM has been approved …
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Further to the entry into force of Directive 2014/91/EU of the European Parliament and of the Council of July 23rd 2014 (“UCITS V Directive”), th…
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After more than two years of discussion the law of July 25th 2015 relating to electronic archiving and amending Article 1334 of the Civil Code, Articl…
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The law of July 23rd 2015 which implements Directive 2013/36 on credit institutions (commonly referred to as CRD IV) amends Article 5(6) of the AIFM L…
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On 30 July 2015, ESMA published an Advice and an Opinion (4) on the extension of the AIFMD passport to non-EU jurisdictions.
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On 30 July 2015, the European Securities and Markets Authority ("ESMA") published (i) its advice for the European Commission, Parliament and Council o…
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