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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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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Increase in Luxembourg minimum social wage from 1 January 2027

Bill of law 8837 raises the Luxembourg minimum social wage by 3.8% from 1 January 2027, to €2,876.60 gross per month for non-qualified and €3,451.92 for qualified employees.

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Reverse Solicitation: the exception that regulators expect to remain exceptional

Reverse solicitation can be a legitimate route for an AIF investment, but the CSSF treats it as a narrow, fact-specific exception. The 18-month pre-marketing rule, evidence and gov…

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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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Luxembourg to introduce a national mechanism for the screening of foreign direct investments

Luxembourg intends to introduce a national mechanism for the ex-ante screening of each foreign direct investment (“FDI”) into critical activities. For…

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Extension of the possibility to organise virtual board and shareholder meetings until 31 December 2022 and of …

The Act of 17 December 2021 has extended the transitional measures provided for by the Act of 23 September 2020 until 31 December 2022

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Data protection notices after the Whatsapp case: what's the message?

A few months ago, the Irish Data Protection Commission imposed an administrative fine of EUR 225 million on WhatsApp Ireland Limited, declaring the co…

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Regulatory update: CSSF guidance on virtual assets

On 29 November 2021, the CSSF provided guidance to the industry with respect to virtual assets, by publishing a Communiqué (the “Statement”)…

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Countdown to the entry into force of the Luxembourg Reverse Hybrid Rule

The countdown has started. As from 1 January 2022, the last anti-hybrid mismatch provision related to reverse hybrid rule will enter into force. Under…

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Luxembourg Court of Appeal finds that 50% shareholders are entitled to initiate a minority action against dire…

In a judgment dated 27 October 2021, the Seventh Chamber of the Luxembourg Court of Appeal declared admissible a minority action based on article 444-…

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Capital Markets Union: Commission Adopts Package of Measures to Ensure Better Data Access and Revamped Investm…

On 25 November 2021 the European Commission adopted a package of measures to ensure better data access and revamped investment rules. The adopted pack…

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CSSF communiqués of 29 November and 2 December 2021 - prepare for a green holiday season

The EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official J…

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Update on SFDR/Taxonomy for Luxembourg funds

The main disclosure requirements under the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) are…

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Sustainable Finance update (asset management): CSSF announces fast track procedure for Taxonomy Regulation com…

The CSSF announced in its communication (available here) published on 2 December 2021 that it has put in place a fast track procedure to facilitate co…

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CSSF guidance on virtual assets

On 29 November 2021, the Commission de Surveillance du Secteur Financier (the “CSSF”), the Luxembourg financial supervisory authority, publi…

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Commission’s proposal for a Regulation amending the ELTIF Regulation

On 25 November 2021, the European Commission published a proposal for a regulation amending the Regulation (EU) 2015/760 on European Long Term Investm…

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Virtual assets: CSSF guidance and FAQs

Further to its recent communications on financial innovation, the Commission de Surveillance du Secteur Financier (the « CSSF ») h…

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Registration of individuals with the Luxembourg trade and companies register

On 1 October 2021, the Luxembourg Business Register informed that any natural person to be registered with the Luxembourg trade and companies register…

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Strengthening the integration and efficiency of capital markets to support economic growth

Today, on 25 November 2021, the EU Commission published a package of legislative proposals. With the proposed measures, the EU Commission is deliverin…

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Prohibition of online advertising in a list of e-mails or messages – a misstep by the CJEU?

When submitted a request for a preliminary ruling, the Court of Justice of the European Union (CJEU) is expect to answer questions – not raise too man…

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Impôt minimum mondial : un bref état des lieux des dernières avancées

 L’intégration des économies et des marchés nationaux a connu une accélération marquée ces dernières années, mettant à l’épreuve le cadre fiscal …

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COVID-19: Luxembourg extends the possibility to hold company meetings remotely until 31 December 2022

Since the COVID-19 pandemic continues to impact the good governance of legal entities, the Luxembourg Government decided to extend for the third time …

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Assessment of predicate tax offences in an AML/CTF context: The asset management industry should get prepared …

The new provisions introduced by Circular 17/650, as amended through Circular 20/744, impact the AML/CFT compliance obligations of the asset managemen…

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Draft RTS and ITS on disclosure of information to investors under the European crowdfunding service providers …

On 9 November 2021, the European Banking Authority released draft regulatory technical standards (the “RTS”) on individual portfolio management of loa…

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