News from and about the Luxembourg legal community, articles on legal and tax topics and legal library

15/07/20

New act on professional payment guarantees

The law of 10 July 2020 on professional payment guarantees has just been published and will enter into force on 17 July 2020. It provides for the crea…

14/07/20

Introduction of a new creditor-friendly instrument in the Luxembourg toolbox: the professional guarantee of pa…

On 1 July 2020, the Luxembourg Parliament adopted a new law relating to professional payment guarantees (the “Law”) or garantie professionnelle d…

10/07/20

MiFID II: Third country (national) regime – a first list of "equivalent" jurisdictions and territorial scope c…

On 1st July 2020, the CSSF released its Circular 20/743, thereby partially amending Circular letter 19/716. On the same day, the CSSF also enacte…

08/07/20

DAC 6 / CRS / FATCA: Luxembourg bill of law issued to postpone reporting obligations and deadlines

On 6 July 2020, the Luxembourg government issued bill of law N°7625 implementing into domestic law Council Directive (EU) 2020/876 of 24 June 202…

07/07/20

COVID-19: Luxembourg extends DAC6, CRS and FATCA reporting deadlines

Yesterday, the draft law implementing the optional deadline extensions of EU Directive of 24 June 2020 (the “Directive”) amending the EU Directive on …

06/07/20

Data protection impact assessments: new EDPS recommendations

On 6 July 2020, the European Data Protection Supervisor (EDPS) published a report on the use of data protection impact assessments (DPIAs) within EU i…

06/07/20

The BlackRock VAT case: an impossible combination of artificial intelligence and the VAT exemption?

On 2 July 2020, the Court of Justice of the European Union (“CJEU”) ruled in the case of BlackRock Investment Management (UK) Ltd (C-231/19) that a “s…

06/07/20

EU Parliament adopts Taxonomy Regulation

In recent years the European Union has paid increasing attention to sustainability in its policy- making particularly in the financial sector

06/07/20

CSSF publishes two important texts on the provision of investment services in Luxembourg by third country inve…

On 2 July 2020, the Commission de Surveillance du Secteur Financier (the “CSSF”) published two important texts for third country firms provi…

04/07/20

Clarifications of the rules governing the provision of investment services or performance of investment activi…

On 1 July 2020, the Luxembourg supervisory authority (the Commission de Surveillance du Secteur Financier - CSSF) issued the circular n°20/743 (the Ci…

03/07/20

After the register of beneficial owners for companies, here comes the Luxembourg register for fiducies and tru…

On 1 July 2020, bill of law 7216B setting up a Luxembourg register of fiducies and trusts (the “RFT”), under the supervision of the Adm…

03/07/20

Certain deadlines extended by financial sector laws during the crisis

On 7 May 2020, the Luxembourg Parliament adopted a new law extending certain deadlines during the crisis as provided for in various financial sector l…

03/07/20

CSSF publishes list of third country equivalent jurisdictions

In the absence of an equivalence decision published by ESMA pursuant to MiFID II, the CSSF has the power to adopt its own equivalence decision.

03/07/20

CSSF clarification on triggers for licence requirements in Luxembourg

A new CSSF Circular 20/743 provides more clarification on third country firms providing investment services or performing investment activities.

30/06/20

Extension of measures concerning the holding of meetings in companies and extended period for the approval and…

Extension of the effects of the Grand Ducal Regulation of 20 March 2020 regarding the means used to hold general meetings and other meetings of compan…

26/06/20

Luxembourg law extending measures relating to the holding of meetings of companies and other legal entities ad…

On 25 June 2020, the law extending crisis measures relating to the holding of meetings of companies and other legal entities after the end of the stat…

25/06/20

Optional deferral of the EU Mandatory Disclosure Directive reporting obligations

On 24 June 2020, the Council of the European Union (the Council) adopted an amendment to the Mandatory Disclosure Directive ((Directive (EU) 2018/855)…

16/06/20

CJ rules Luxembourg fiscal unity regime infringes EU law (B & others)

On 14 May 2020, the CJ delivered its judgment in case B and Others v Administration des contributions directes (C-749/18). The Court conclud…

15/06/20

CJEU rules that free samples of OTC medicinal products can be provided to pharmacists

On 11 June 2020, the Court of Justice of the European Union (CJEU) confirmed that it is prohibited to distribute free samples of prescription-only med…

15/06/20

Termination fees often subject to VAT

Following a ruling of the CJEU, termination fees in the event of early termination of a contract are often triggering VAT. Especially in B2C-situation…

13/08/26

13/08/26

Luxembourg: can sickness absences justify dismissal?

11/08/26

11/08/26

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

04/08/26

04/08/26

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

06/08/26

EU Forced Labour Regulation: key aspects and practical impli…

27/07/26

CRD VI in Luxembourg: Grandfathering has ended

More News & Articles

15/07/20

New act on professional payment guarantees

14/07/20

Introduction of a new creditor-friendly instrument in the Luxembourg toolbox: the professional guarantee of pa…

10/07/20

MiFID II: Third country (national) regime – a first list of "equivalent" jurisdictions and territorial scope c…

08/07/20

DAC 6 / CRS / FATCA: Luxembourg bill of law issued to postpone reporting obligations and deadlines

07/07/20

COVID-19: Luxembourg extends DAC6, CRS and FATCA reporting deadlines

06/07/20

Data protection impact assessments: new EDPS recommendations

06/07/20

The BlackRock VAT case: an impossible combination of artificial intelligence and the VAT exemption?

06/07/20

EU Parliament adopts Taxonomy Regulation

06/07/20

CSSF publishes two important texts on the provision of investment services in Luxembourg by third country inve…

04/07/20

Clarifications of the rules governing the provision of investment services or performance of investment activi…

03/07/20

After the register of beneficial owners for companies, here comes the Luxembourg register for fiducies and tru…

03/07/20

Certain deadlines extended by financial sector laws during the crisis

03/07/20

CSSF publishes list of third country equivalent jurisdictions

03/07/20

CSSF clarification on triggers for licence requirements in Luxembourg

30/06/20

Extension of measures concerning the holding of meetings in companies and extended period for the approval and…

26/06/20

Luxembourg law extending measures relating to the holding of meetings of companies and other legal entities ad…

25/06/20

Optional deferral of the EU Mandatory Disclosure Directive reporting obligations

16/06/20

CJ rules Luxembourg fiscal unity regime infringes EU law (B & others)

15/06/20

CJEU rules that free samples of OTC medicinal products can be provided to pharmacists

15/06/20

Termination fees often subject to VAT

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