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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EU fund managers – GP representation clause: preserving the Luxembourg fund’s footprint while e…

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 attorney to the manager's tea…

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Newsflash | EU Case Law | PSD GAAR Assessment: economic substance yields to the overall picture…

On 15 October 2026, the CJEU delivered its judgment in the Neo Group case, confirming that the genuine economic activity of a parent company does not, in itself, prevent the denial…

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ESMA promotes clarity in claims on impact and transition through two additional thematic notes

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 benchmarks, to reduce greenwashing…

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14/10/26
AIF distribution agreements: making oversight work in practi…

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13/10/26
Applicability of collective labour agreements in Luxembourg

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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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Article 29 WP sceptical on the EU/US Privacy Shield

On 6 October 2015, the CJEU invalidated the U.S. Safe Harbor. The EU Commission then published a draft adequacy decision on 29 February, putting in p…

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ESMA publishes discussion paper on UCITS share classes

On 6 April 2016 ESMA published a second discussion paper on UCITS share classes. The discussion paper builds on the feedback received in relation to E…

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Conflicting truths: the media and the Panama Papers

Moving beyond the Panama Papers sensational roots, one should not be misled by the dramatic and exagerated information used by the media to capture it…

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ESMA publishes final UCITS remuneration guidelines

At the end of last week, ESMA published its long overdue final guidelines on UCITS V remuneration. The key difference is on the application of pr…

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PRIIP's Regulation - Update

On November 11th 2015 the Joint Committee of the European Supervisory Authorities (“ESAs”), consisting of the European Banking Authority (“EBA”), the …

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Law of July 23rd 2015 amending the Labour Code and the Social Security Code as regards the mechanism for inter…

The precursor to this law dates back to a judgment of the Court of Cassation of 28thNovember 1996. Prior to this decision, article 187 of the Social I…

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The reform of social dialogue

The law of July 23rd 2015 on the reform of the social dialogue within undertakings (hereinafter the “Law”) has substantially amended the existing…

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UCITS V level 2 measures published in the Official Journal of the EU

On 24 March 2016, the European Commission Delegated Regulation EU 2016/438 supplementing the UCITS V Directive with regard to obligations of depositar…

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CSSF Regulation 15-08 - Conflict of interest policies for SICARs

Regulation 15-08 (the “Regulation”) of December 31st 2015 implements how article 7bis of the law of June 15th 2004 (“SICAR Law”) relating to investmen…

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Recast of 6 December 1991 law on the insurance sector

The new law on the insurance sector (the “New Law” ), adopted by the Luxembourg Parliament on 7 December 2015, entered into force on 1 January 2016 an…

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Domiciliation ou simple location de bureaux: la Cour rappelle les principes

Rappel de la Cour sur les règles en matière de domiciliation de sociétés.

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Luxembourg tax update 2017

On 29 February 2016, the Luxembourg government set out the principles of fiscal reform that should be effective from 1 January 2017. Please note that …

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CSSF FAQ on UCI Law

On December 8th 2015, the CSSF published the first version of Frequently Asked Questions (“FAQs”) concerning the Luxembourg Law of December 17th 2010 …

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The EU general data protection framework

On 15 December 2015, after three years of fierce negotiations, the new European (“EU”) data framework has finally been agreed. The text of the agreeme…

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Legal implications of non-compliance with deadline for deposit of bearer securities

In line with the wording of the 2014 Act, a possible solution could be the issue of new shares to non-compliant shareholders, subject to the above-men…

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SICARS: conflicts of Interest

Pursuant to Article 7bis of the SICAR Law(1) , the CSSF published on 31 December 2015, CSSF Regulation 15-08(2) . This Regulation lays …

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EU Anti-Tax Avoidance Package

On 28 January 2016, the European Commission introduced an “Anti-Tax Avoidance Package” including two legislative proposals, addressing certain anti-ba…

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AML/CTF -Latest Update

The increasing actions of terrorists and terrorist organizations such as ISIL, al-Qaida and their respective affiliates, as demonstrated by recent att…

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CSSF Regulation 15-08 - Conflict of interest policies for SICARs

Regulation 15-08 (the “Regulation”) of December 31st 2015 implements how article 7bis of the law of June 15th 2004 (“SICAR Law”) relating to investmen…

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Failure of Credit Institutions and certain investment firms: Law of 18 december 2015

The Law of 18 December 2015 regarding the failure of credit institutions and certain investment firms (“Law”), which entered into force on 2…

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