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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Luxembourg: can sickness absences justify dismissal?

In a judgment dated 12 June 2026, the Luxembourg Labour Court reiterated the circumstances in which sickness absences can justify dismissal with notice.

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Luxembourg housing package: enhanced real estate tax incentives, VEFA projects and affordable h…

Luxembourg's new housing package introduces various real estate tax measures, including a higher Bëllegen Akt tax credit for individual buyers, VEFA registration duty relief, affor…

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Luxembourg to boost protection of participants in funded sub-participation agreements

New bill of law 8813 (submitted to Parliament on 30 July 2026) aims to shield participants in funded sub-participation agreements from the adverse effects of lender insolvency.

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06/08/26
EU Forced Labour Regulation: key aspects and practical impli…

The EU Forced Labour Regulation entered into force on 13 December 2024 and …

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27/07/26
CRD VI in Luxembourg: Grandfathering has ended

What third-country banks need to do before January 2027. The grandfathering…

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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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Distributions of dividends (ordinary and interim), share premium and account 115 in Luxembourg

A dividend is a portion of the profits made by a company and paid to its shareholders out of distributable amounts as defined by Luxembourg law.The ri…

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Updated CSSF FAQs on UCI Law and MMF Regulation: Change of regulatory practice concerning the holding of ancil…

On 3 November 2021, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembou…

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New CSSF administrative practice concerning the holding of ancillary liquid assets by UCITS

In adapting its administrative practice, the CSSF has provided clarification on the holding of ancillary liquid assets by UCITS under the Law of 17 De…

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Updated FATF guidance for a risk-based approach to Virtual Assets and Virtual Asset Service Providers

On 28 October 2021, the Financial Action Task Force (“FATF”) published an updated version of its guidance for a risk-based approach to virtual assets …

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Luxembourg Business Register: Upcoming requirements for individuals - get ready!

According to a notice issued by the Luxembourg Business Register (LBR), with effect as of the end of March 2022 (exact date to be confirmed), individu…

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EU Commission designates replacement rates for CHF LIBOR and EONIA

On 22 October 2021, the European Commission adopted two implementing regulations[1] on the designation of a statutory replacement rate for two in…

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The ESAs delivered final draft RTS related to the SFDR 2019/2088 and Taxonomy Regulation 2020/852 to the Europ…

Despite the main disclosures required pursuant to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SF…

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Enforcement of CovidCheck in companies: What are the impacts for Employers?

The Law, approved on 18 October (hereinafter “the Law”), officially extends the amended law of 17 July 2020, on measures to combat the COVID-19 pandem…

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PRIIPs KID: another chapter in a never-ending story

Implementation timeline proposed to be set to 1 January 2023. 

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New taxonomy-related disclosures RTS published

Despite the delay to Level II1 announced by the European Commission (“EC”) at the beginning of the summer 2021, the last few months have been bus…

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Sustainable Finance update (asset management): Final Report on SFDR RTS regarding taxonomy-related disclosures…

On 22 October 2021, the European Supervisory Authorities or ESAs (EBA, EIOPA and ESMA)  presented the European Commission with their Final Report…

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Why all companies should care about the UN's cybersecurity & software update regulations – lessons for all…

Not in the automotive sector? It doesn't matter: two Regulations adopted by UNECE (a United Nations body) on cybersecurity and software updates in the…

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The new EU toolbox to tackle soaring energy prices

The ongoing energy price crisis in the aftermath of COVID-19, which has curtailed industrial production and left consumers across Europe facing higher…

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Comparability of Investment Funds – another Finnish referral to the Court of Justice of the European Union – a…

Recently, an Advocate General’s opinion (the “Opinion”) on Finnish CJEU case C-342/20 (the “Case”) has been published.

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IT and cloud outsourcing: new notification regime

On 14 October 2021, the CSSF published its new CSSF Circular 21/785 with regard to replacing the prior authorisation obligation with a prior…

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SPACs: what should be included in a Luxembourg prospectus?

Although special purpose acquisition companies (SPACs) are not a new phenomenon, SPAC activity in the European Union has increased significantly since…

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CovidCheck - Les obligations des employeurs et des salariés suite au projet de loi déposé le 8 octobre

Nous l’aurons tous compris lors du discours de notre premier ministre, Xavier Bettel, le 8 octobre 2021 dernier, la possibilité pour les employeurs d’…

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New rules on material IT outsourcing in the financial sector

Effective 15 October 2021, financial institutions must notify the CSSF of any planned outsourcing of material IT activities. This notification obligat…

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Payments services and e-money | New delegated regulation

On 28 September 2021, the Commission Delegated Regulation (EU) 2021/1722 of 18 June 2021 (the “Regulation”), supplementing Directive (EU) 2015/2366 of…

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Performance fees: the CSSF digitalises data collection

Investment fund managers must report to the CSSF on the performance fee models used by all Luxembourg UCITS and AIFs that they manage. For this purpos…

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