News & Articles

20/06/23

New FDI screening law in Luxembourg: what non-EEA investors need to know before investing in a critical sector…

16/06/23

New Commission’s proposal on the EU Retail Investment Strategy

“Only 38% of consumers are confident that the investment advice they receive from financial intermediaries is primarily in their best interest”, a rec…

16/06/23

Luxembourg tax authorities clarify tax compliance for reverse hybrid entities

On 9 June 2023, the Luxembourg tax authorities issued a Circular on reverse hybrids within the meaning of article 168quater of the income tax law (“IT…

15/06/23

Luxembourg adopts national filtering mechanism for foreign direct investments likely to undermine security or …

On 13 June 2023, the Luxembourg Parliament voted the law establishing a mechanism for the national screening of foreign direct investments likely to u…

15/06/23

ESG in the banking and insurance sectors: ESA progress reports on greenwashing

On 1 June 2023, each of the ESAs published a progress report on green washing in the financial sector.

14/06/23

Luxembourg tax authorities issue initial administrative guidance on reverse hybrid rules

On 9 June 2023, the Luxembourg tax authorities have issued a first circular (No 168quater/1) on the application of the so-called reverse hybrid rules.…

12/06/23

Pierre-Alexandre DEGEHET joins KLEYR │ GRASSO as a partner in its Corporate Finance and Capital Markets practi…

KLEYR │ GRASSO is strengthening its expertise in Corporate Finance and Capital Markets with the arrival of Pierre-Alexandre DEGEHET. Admitted to the L…

09/06/23

Pay transparency: get ready!

From 7 June 2026, employers in Luxembourg must significantly increase their transparency about the remuneration of men and women.

08/06/23

ESAs put forward common understanding of greenwashing

As part of its aspiration that supervisors play an essential role in identifying, preventing, investigating, sanctioning, and remediating greenwashing…

07/06/23

Luxembourg VAT authorities clarify VAT treatment of company cars

The newly published circular clarifies the vat treatment set out in circular n°807, which was published shortly after the cjeu’s decision

06/06/23

A new Governance for Arendt

Arendt appoints a new governance as of 1 April 2023 for a three-year term.

06/06/23

Fraudulent transfer: the payment services law protects the banker of the payee

The decision of the Court of Appeal of 7 March 2023 (now res judicata) is worth highlighting in relation to the issue of the liability of the banker, …

05/06/23

Mourant completes expansion into Luxembourg

Professional services firm, Mourant, has confirmed the completion of its expansion into Luxembourg, with law firm, LexField, and governance services b…

02/06/23

Protection against moral harassment at work is finally introduced in the luxembourg labour code: overview of t…

While protection against sexual harassment has been included in the Labour Code for more than 20 years1, moral harassment has, until now, been largely…

01/06/23

The Luxembourg Blockchain III Law: a step forward into the new DLT era

The law of 15 March 2023 entered into force on 23 March 2023, implementing the EU Regulation 2022/858 on a pilot regime for market infrastructures bas…

26/05/23

New law adopted on the whistleblowers’ protection transposing the EU Directive 2019/1937 of the European Parli…

25/05/23

Enhanced protection for retail investors – anticipated impact on the banking, insurance and asset management i…

The EU Commission is proposing to modernise and simplify the framework for retail investment across the different sectors of the financial services in…

23/05/23

Entry into force of the law of 16 May 2023 on the protection of persons who report breaches of Union law: empl…

On 16 May 2023, the Luxembourg Parliament (Chambre des députés) adopted the long-awaited law (the "Law") transposing Directive (EU) 2019/1937 of the E…

23/05/23

Baker McKenzie Luxembourg signs The Diversity Charter Lëtzebuerg

Baker McKenzie Luxembourg, a renowned global law firm, has taken a significant step toward promoting diversity and inclusivity by signing The Diversit…

23/05/23

VEFA : Les limites pratiques de la législation sur les garanties d’achèvement

Lorsqu’un secteur économique se porte bien, les interrogations quant à la portée exacte et les limites des normes protectrices entourant celui-ci sont…