News & Articles

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…

21/02/23

NIS 2 Directive: an increased scope for a safer and cybercrime-free Union?

The NIS 2 Directive (EU 2022/2555 on measures for a high common level of cybersecurity across the Union) entered into force on 16 January 2023, amends…

20/02/23

Loyens & Loeff Luxembourg expands its Management Team

Loyens & Loeff Luxembourg is pleased to announce that Frédéric Franckx has joined Marc Meyers as Managing Partner to support the growth and meet t…

20/02/23

DLA Piper launches an Insurance practice in Luxembourg with new hire

DLA Piper is proud to announce the hiring of David De Cubber, as counsel and local head of the insurance and reinsurance practice. David brings with h…

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

L’utilisation de la SOPARFI par des résidents belges et la montée en puissance de la substance économique

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…

16/02/23

Intellectual property rights over software – recent case

The Court of Cassation confirmed in a recent decision that it is not possible to transfer rights over software without clear and precise provision in …

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/…

14/02/23

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

On 27 January 2023, the Administrative Tribunal (the “Tribunal”) ruled on the Luxembourg tax treatment of the redemption of a class of shares by a Lux…

14/02/23

Annual reporting of lapsed life insurance contracts

ON 17 january 2023, the commissariat aux assurances (“caa”) published circular letter 23/1 (“circular 23/1”) on the annual reporting of unclaimed insu…

13/02/23

Lower administrative court’s decision on redemption of a class of alphabet shares

On 27 January 2023, the lower administrative court rendered a decision (42432) dealing among others with the tax treatment applicable to the redemptio…

13/02/23

Administrative Court ruling | Communication obligations of the Luxembourg tax authorities

In a judgment dated 20 December 2022, the Luxembourg Higher Administrative Court (Cour administrative, hereinafter the "Court") ruled on the applicati…

09/02/23

Une délibération surprenante a été prise par la CNIL le 20 décembre 2022 concernant l’utilisation de données d…

La société américaine LUSHA SYSTEMS INC, ci-après « LUSHA », commercialise une extension au navigateur Google chrome appelée « Lusha ». Cette dernière…

08/02/23

ESG in the insurance sector - CAA follow-up on inclusion of climate change risk scenarios in ORSA

On 24 January 2023, the Commissariat aux Assurances (“CAA”) published Information Note 23/2 about the inclusion of climate change risk scenarios in th…

08/02/23

Arendt appoints 10 new partners

Arendt is proud to announce the appointment of 10 new partners promoted internally within the law firm.

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…