News & Articles

14/12/22

Amendments to the Luxembourg Financial Collateral Law

On 24 July 2022, the Luxembourg law of 20 July 2022 (the “Law”) entered into force amending, among others, the law of 5 August 2005 on financial colla…

13/12/22

DLA Piper advises Brazil's PetroRio on the acquisition of Dommo Energia

Global law firm DLA Piper has assisted Brazilian oil company PetroRio SA to acquire Dommo Energia SA, formerly known as OGX Petroleo e Gas SA, in a de…

13/12/22

DAC6 - Obligation for lawyers to notify other intermediaries judged invalid by the CJUE (C-694/20)

The Court of Justice of the European Union rendered its judgment in Case C-694/20 (Orde van Vlaamse Balies and Others) regarding the compatibility of …

13/12/22

BSP announces new partner promotions

BSP is pleased to announce the promotion of two new partners, effective 1st January 2023. The partnership now consists of 18 partners, 9 women and 9 m…

12/12/22

When transparency clashes with fundamental rights: EU court curbs public access to beneficial owner registers …

By a decision rendered on 22 November 2022, the European Court of Justice (the Court) invalidates the provision of the anti-money laundering directive…

09/12/22

Hiring of Ms. Ugné Davainyte

DSM Avocats à la Cour is pleased to welcome Ms Ugné Davainyte as Senior Associate – Avocat à la Cour in the Dispute Resolution department.

09/12/22

The CSSF published FAQs on SFDR

08/12/22

ESG - Approval of CSRD

On 28 November 2022, the Council of the EU formally approved the Directive amending Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006…

08/12/22

Lexfield joins Mourant

Professional services firm, Mourant, has announced its intention to acquire a Luxembourg law firm, LexField, and its affiliated governance services bu…

07/12/22

Luxembourg Register of Beneficial Ownership's online access suspended following ECJ decision – the facts

The Luxembourg Register of Beneficial Ownership's online access has been suspended following the European Court of Justice's declaration that the Fift…

06/12/22

New EU standards on the development and implementation of processes in a remote customer onboarding context

On 22 November 2022, EBA released guidelines on the use of remote customer onboarding solutions in relation to notably Article 13(1) of Directive (EU)…

05/12/22

The new CSSF FAQ – Sustainable Finance Disclosure Regulation

On 2 December 2022, the CSSF issued an FAQ in relation to the Sustainable Finance Disclosure Regulation (EU) 2019/2088 (SFDR) (“FAQ”). In its FAQ the …

05/12/22

The Luxembourg property tax reform: too slow to address efficiently the housing challenges!

In the Grand Duchy of Luxembourg, property tax is one of the oldest taxes, and its reform, which has been part of the political discussion for years, …

02/12/22

Minimum income: changes to come in Luxembourg

The Luxembourg government has agreed to a 3.2% increase of the minimum social wage as from 1 January 2023.

02/12/22

New competition law adopted

On 24 November 2022, Luxembourg enacted a new law on competition (“Law”), aiming to overhaul the current competition legislation and transpose into Lu…

01/12/22

AIFMD II: a progress report on the reforms

A year has now passed since policymakers proposed reforms to EU rules on alternative investment funds (AIFs).

01/12/22

Opening of Elvinger Hoss Prussen office in Paris in 2023

We are delighted to announce that Elvinger Hoss Prussen is taking a step further in its international expansion

01/12/22

A low degree of similarity?

In a recent decision, the General Court held that the trade mark consisting of a figurative animal (right) does not cause a likelihood of confusion wi…

30/11/22

No longer public access to UBO data without legitimate interest

On 22 November 2022, the Court of Justice of the European Union (the "CJEU") struck down the provision of the 5th AML Directive 2018/843 ("AML V") whi…

29/11/22

Agrément de la CSSF requis pour les sociétés de services de crowdfunding et grandfathering jusqu’au 10 novembr…

Dans son communiqué de presse daté du 25 novembre 2022, la CSSF fait suite à son précédent communiqué du 10 juin 2022 concernant le Règlement (UE) 202…