News & Articles

04/04/23

Luxembourg Administrative Tribunal rules on the tax treatment of share class redemptions

The share capital of Luxembourg companies may be divided into different classes of shares that provide the shareholder(s) with different rights. Here,…

29/03/23

The CSSF launches SFDR data collection for Luxembourg investment funds

28/03/23

Modernising the Luxembourg fund toolbox

Luxembourg further increases the attractiveness and competitiveness of its financial centre through targeted improvements to the Luxembourg fund rules…

24/03/23

Bill of law – Modernization of the Luxembourg Investment Funds Toolbox

On 17 March 2023, the Chambre des Députés issued a first draft of a new bill amending the five sectoral laws regulating funds in Luxembourg.

23/03/23

New DLT Pilot Regime arrives in Luxembourg

On 23 march 2023, both the dlt pilot regime and the blockchain law iii will become applicable.

13/03/23

Implementation of the DLT pilot regime in Luxembourg – Blockchain law III

On 9 March 2023, bill of law 8055 laying down rules for the application of Regulation (EU) 2022/858 on a pilot regime for market infrastructures based…

07/03/23

EFRAG educational videos on draft European Sustainability Reporting Standards

Following the entry into force of the CSRD in January 2023, EFRAG has released a series of videos to educate stakeholders about ESRS.

03/03/23

Luxembourg RBE: New procedure for entities to access their own RBE data

Following the judgment of the Court of Justice of the European Union of 22 November 2022 confirming the invalidity of the general public’s access to i…

22/02/23

ESG obligations for companies other than financial market participants in Luxembourg

ESG stands for environmental, social, and governance (ESG) considerations. These are the criteria used to establish how sustainable a company’s busine…

17/02/23

“Alphabet Shares” and partial liquidation: not the final word yet …

The Administrative Court of Luxembourg issued an interesting ruling on 27th January 2023, in a case involving the purchase of an entire class of its o…

16/02/23

ESG in the banking, financial and insurance sectors - ESAs opinions on European Sustainability Reporting Stand…

On 26 January 2023, the European Insurance and Occupational Pensions Authority (“EIOPA”), the European Securities and Markets Authority (“ESMA”) and t…

15/02/23

AIFMD II: political agreement reached in the European Parliament

On 25 November 2021, the European Commission (the Commission) put forward its proposal (the Initial Proposal) for amendments to the Directive 2011/61/…

06/02/23

The CSSF’s data collection exercise due for submission on 2 March 2023

The CSSF has launched a new SFDR data collection exercise for investment fund managers. The deadline for submission is 2 March 2023. Get Ready.

06/02/23

EU Listing Act | Interesting regulatory changes in the pipeline

03/02/23

Legitimate interest and access to the UBO-register

Following the recent jurisprudence of the Court of Justice of the European Union, the Belgian legislator introduced on 17 February 2023 new provisions…

03/02/23

CSSF | Increase in fees with adoption of new Grand-Ducal Regulation

The CSSF levies fees on supervised persons and institutions to cover personnel costs as well as general financial and operating costs. The level of fe…

31/01/23

New reporting standards under EMIR: 203 reporting fields, one deadline, huge sanctions

In-scope entities have to follow new EMIR1 reporting requirements by April 2024 or face hefty sanctions. ESMA2 has published the guidelines, validatio…

23/01/23

The Listing Act: facilitating access to capital for SMEs

On 7 December 2022, the European Commission (EC) submitted a package of measures known as the “Listing Act” (the Act), aiming at making public markets…

20/01/23

Register of Beneficial Owners: Access restored for professionals, subject to conditions

After the "public access" feature of the luxembourg register of beneficial owners was ruled invalid by the court of justice of the european union, a n…

18/01/23

A new step in the adoption of the Digital Finance Package