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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Affaire Hellas

Beaucoup d’encre a déjà coulé pour décrire un des procès les plus médiatiques de la Place ces derniers mois, tant pour sa dimension internationale et …

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Luxembourg rules for exchange of information in the light of the EU Fundamental Rights chapter

Since December 1st 2014, Luxembourg applies new procedural rules regarding the exchange of information on request under inter alia the double tax trea…

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Le Conseil de la concurrence s'oppose au projet de loi N° 6864 portant sur le bail commercial

Le Conseil de la concurrence s'est à nouveau saisi de sa propre inititiave pour rendre le 16 février 2016 un avis sur un projet de loi, cett…

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CSSF Regulation 15/03 - Marketing of foreign AIFs to retail investors

The CSSF released on December 2nd 2015 Regulation 15/03 (the “Regulation”) laying down general rules for the application of article 46 of the law of J…

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Law of December 18th 2015 - Unemployment Compensation Arrangements

So far, the Labour Code provided an apprenticeship for occupational reintegration purposes (“stage de réinsertion professionnelle”) for every job seek…

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Transparency Law - CSSF Enforcement

The CSSF has published Press Release 16/02 for the attention of issuers of securities subject to the law of January 11th 2008 on transparency requirem…

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Elargissement de la taxe caïman: les SICAV dédiées luxembourgeoises dans la ligne de mire

La fameuse taxe Caïman (également dénommée taxe par transparence) prévoit en substance que les personnes physiques belges, fondateurs ou bénéficiaires…

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EBA recommends new prudential framework for investment firms

On December 14th 2015, the European Banking Authority (the “EBA”) published a reportwith recommendations, in response to the European Commission’s cal…

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UCITS V Update - Level 2 Regulation on depositary obligations

On December 17th 2015, the European Commission adopted the long-awaited awaitedofficial draft of the Level 2 Regulation, supplementing Directive 2009/…

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Recent lifting of the EU nuclear-related sanctions against Iran: some business restrictions still apply!

Further to the verification by the International Atomic Energy Agency (IAEA) that Iran has implemented the agreed nuclear-related measures as set out …

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Reserved Alternative Investment Fund (RAIF)

On November 27th 2015 the Luxembourg Council of Government approved the draft law relating to Reserved Alternative Investment Funds (the “Draft Law”).…

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EU - US Privacy Shield: To be or not to be?

The EU Commission and the US have agreed on a new framework for transatlantic data flows, named "the EU-US Privacy Shield". This, however, does not me…

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Esma Updates Q&A on AIFMD

The European Securities and Markets Authority (“ESMA”) published in December two updated versions of its questions and answers (“Updated Q&A”) on …

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Data Protection: the Safe Harbor 2.0

On 2 February 2016, the European Commission and the United States reached an agreement on a new framework for transatlantic data flows. This EU-US Pri…

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Opinion of the Council of State dated 24 November 2015 relating to the bill of law 6777/06 aimed at establishi…

The bill of law 6777/06 aimed at establishing a simplified private limited liability company ("S.à r.l.-S") is now in the spotlight and subject to deb…

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CSSF Circular 15/627 – Extension of monthly reporting to Sicars

On December 3rd 2015, the CSSF published Circular 15/627 (the “Circular” or the “New Reporting Regime”).

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Concurrent holding of a corporate mandate and an employment contract

In Luxembourg, there is no law banning a person from concurrently holding a corporate mandate (director/manager, managing director in charge of daily …

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A new framework for data transfers to the US: the EU-US Privacy Shield

After the European Court of Justice (“ECJ”) declared the Safe Harbour Decision invalid in its judgement of 6 October 2016, the European Comm…

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Regulation on european long-term investment funds has entered into force

The regulation on European Long-Term Investment Funds (ELTIFs) has entered into force on 9 December 2015.

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Redundancies - ECJ C-422/14

According to the Council Directive 98/59/EC dated July 20th1998 on the approximation of the laws of the Member States relating to collective redundanc…

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