The CJEU has held that a payment service provider cannot refuse to immediately refund an unauthorised payment transaction on the ground that the payer enabled it through gross negl…
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!
In two judgments dated 20 January 2026 (No. CAL-2025-01047) and 6 February 2026 (No. CAL-2025-01046), the Luxembourg Court of Appeal confirmed that th…
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How EU fund managers use a GP representation clause in Luxembourg SCSps and SCAs to execute deals without a board meeting each time, and why powers of…
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On 12 October 2026 ESMA published two new thematic notes with do’s and don’ts for impact claims and climate transition claims in funds, bonds and benc…
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Reverse solicitation can be a legitimate route for an AIF investment, but the CSSF treats it as a narrow, fact-specific exception. The 18-month pre-ma…
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Bill of law n°8758 transposes Directive (EU) 2023/2673 on distance-marketed financial services into Luxembourg law, with entry into force on 19 June 2…
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On 2 October 2026 the CSSF published its FAQ on fund unit tokenisation on DLT: native issuance, UCIA vs control agent roles, multi-UCIA set-ups, and D…
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AKD welcomes Alexandre Hübscher as a partner in its investment funds practice in Luxembourg, effective 1 October. He advises national and internationa…
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The EBA’s 2026 Guidelines (EBA/GL/2026/09) widen the perimeter from outsourcing to third-party arrangements and will repeal the 2019 outsourcing Guide…
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From 21 September 2026, Luxembourg Business Registers (LBR) will progressively deploy the sanctions phase of its mechanism for monitoring and ensuring…
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Where Belgian Private Privak investors invest in Luxembourg PE funds, structuring choices — notably SCA RAIF/SICAR versus transparent SCSp vehicles — …
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Arendt on the law of 22 July 2026 (in force 8 August 2026): Luxembourg's CRF may alert credit institutions, PFS, payment and e-money institutions and …
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A&O Shearman on Circular LBR 26/01 (19 Aug 2026): when a Luxembourg RBO-obliged entity is held by a fiducie, trust or foundation, report the arran…
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NautaDutilh on Bill 8814: statutory compartments for authorised-AIFM-managed SCS/SCSp AIFs outside RAIF/SIF/SICAR, with ring-fencing, separate liquida…
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New bill of law 8813 (submitted to Parliament on 30 July 2026) aims to shield participants in funded sub-participation agreements from the adverse eff…
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What third-country banks need to do before January 2027. The grandfathering period under the CRD VI Directive expired on 11 July 2026, so new contract…
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On 8 June 2026, draft law No. 8761 amending the amended law of 22 March 2004 on securitisation was submitted to the Luxembourg Parliament. Building on…
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CMS sets out the practical impact of the end of the MiCAR transitional regime on 1 July 2026 for virtual asset service providers (VASPs) and their cus…
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The typical legal form for a private fund is a limited partnership, a US-origin (Delaware) structure now familiar to investors and sponsors worldwide.…
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