News & Articles

07/11/24

Latest developments in Luxembourg’s CSRD implementation process: the final stretch?

Luxembourg’s Parliament recently amended the bill of law implementing the Corporate Sustainability Reporting Directive (CSRD) into national law.

05/11/24

Council of the EU finally agrees on VAT in the digital age package (VIDA)!

On 5 November 2024, the Council adopted new measures aimed at modernising the value added tax rules for the digital transition. The legislative packag…

04/11/24

New EU proposal to simplify Pillar 2 filing obligations for MNEs

On 28 October 2024, the EU Commission published a proposal to amend the directive on administrative cooperation in tax matters (DAC 9 proposal). The D…

28/10/24

CSSF announces priority processing procedure for name changes and disclosure updates in light of adopted Guide…

The CSSF has informed market participants of the publication of Circular CSSF 24/863, thus implementing the ESMA Guidelines on funds’ names into the L…

25/10/24

How are Luxembourg securitisation vehicles affected by the NPL Law?

On 12 July 2024, the Luxembourg Parliament adopted the draft bill No. 8185 (the NPL Law) transposing Directive (EU) 2021/2167 regarding credit service…

24/10/24

CSSF supervisory expectations and filing procedure - ESMA ESG fund names guidelines

The CSSF has published its long-awaited guidance on the implementation of ESMA’s ESG fund names guidelines. In today’s communiqué the regulator announ…

22/10/24

CSSF announces priority processing procedure for name changes and disclosure updates in light of adopted Guide…

The CSSF has informed market participants of the publication of Circular CSSF 24/863, thus implementing the ESMA Guidelines on funds’ names into the L…

18/10/24

The Council adopts the Listing Act

On 8 October 2024, the Council of the European Union (the Council) adopted the package of measures known as the “Listing Act” (the Act), following the…

11/10/24

Registration of the Luxembourg national identification number for natural persons registered with the RCS

As of November 12, 2024, with the implementation of new forms in HTML format that may be completed directly online (which will replace the current app…

10/10/24

New RCS formalities

The LBR (Luxembourg Business Register) is implementing a new requirement for all Luxembourg entities and specifically regarding the natural persons re…

08/10/24

Boundaries of attorney-client confidentiality in Luxembourg

07/10/24

Need To Review The Employment Contract Templates

The Law of 24 July 2024 aimed at transposing the EU Directive No 2019/1152 on transparent and predictable working conditions came into force on 4 Augu…

07/10/24

Collective Labour Agreements, What's New In Luxembourg?

04/10/24

CJEU judgment on Article 22 referrals: predictability and legal certainty restored?

A wave of relief swept through businesses within the competition law landscape as the Court of Justice invalidated the Commission’s merger review poli…

03/10/24

Luxembourg: Trade and companies register — updates to the filing process and registration of individuals

From 12 November 2024, the Luxembourg Business Registers (LBR) will introduce several changes to the filing procedures with the Luxembourg trade and c…

03/10/24

Remote working: can employers backpedal?

Once a pandemic necessity, remote working in Luxembourg is now being reconsidered. With some companies urging a full return to the office, important l…

27/09/24

Markets in crypto-assets regulation (MiCA): The scope is in the details

Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (“MiCA”) entered into force on 29 J…

24/09/24

Law of 24 july 2024 on transparent and predictable working conditions

Directive n°2019/1152 voted by the European Parliament on 20 June 2019 (the “Directive”) is part of the European Parliament’s desire to require employ…

23/09/24

What are the upcoming changes to Luxembourg’s minimum wage?

Directive (EU) 2022/2041 on adequate minimum wages in the European Union (Directive) entered into force on 14 November 2022 (see our Newsflash of 1 De…

20/09/24

Navigating the aftermath of the Illumina/Grail decision: Luxembourg’s perspective

In a landmark decision in joined Cases C-611/22 P and C-625/22 P, the Court of Justice of the EU overturned the General Court’s ruling and annulled th…