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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EU fund managers – GP representation clause: preserving the Luxembourg fund’s footprint while e…

How EU fund managers use a GP representation clause in Luxembourg SCSps and SCAs to execute deals without a board meeting each time, and why powers of attorney to the manager's tea…

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Newsflash | EU Case Law | PSD GAAR Assessment: economic substance yields to the overall picture…

On 15 October 2026, the CJEU delivered its judgment in the Neo Group case, confirming that the genuine economic activity of a parent company does not, in itself, prevent the denial…

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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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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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ESMA Q&A update and focus on the new EU prospectus regulation ESMA Q&A update and focus on the new EU …

On 20 October 2017, the European Securities and Markets Authority (the “ESMA”) updated its Questions and Answers Prospectuses document (27th version) …

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VAT | The IGP Exemption does not apply to the Financial and Insurance Sector

On September 21st 2017, the European Court of Justice (the “ECJ”) rendered its judgements in three different cases regarding the interpretation o…

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Les écrits numériques : vers une dématérialisation de tous contrats ?

Le développement du commerce électronique et des échanges à distance a eu un impact fondamental sur la manière d’entrer dans une relation contractuell…

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MIFID II | Draft Law and Grand Ducal Regulation

According to the Directive 2014/65/EU of 15 May 2014 on markets in financial instruments (“MiFID II”), Member States must transpose the directive in n…

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The amended EuVECA and EuSEF Regulations

Regulation (EU) 2017/1991 amending regulations (EU) No 345/2013 on European Venture Capital Funds (EuVECAs) and (EU) No 346/2013 on European Social En…

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Luxembourg Corporate - Unregulated securitisation vehicles

With over 1,000 securitisation vehicles (SVs) and thousands of related compartments, the Luxembourg securitisation market enjoys a continuous and stea…

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PRIIPS KID

Level 3 and 4 measures relating to the Commission Delegated Regulation on Key Information Documents (“KIDs”) for Packaged Retail and Insuran…

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Transposition of the second payment service directive (PSD2) in Luxembourg through draft bill n° 7195

On 10 October 2017, draft bill n°7195 transposing PSD2 into national law was submitted to the Luxembourg Parliament. PSD21 entered into force on…

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Introducing the RAIF and major BEPS developments relevant to funds

A year ago, the Luxembourg fund industry welcomed the Reserved Alternative Investment Fund (RAIF). The RAIF is governed by the law of 23 July 2016 (th…

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Small Claims Procedure - Regulation (EU) 2015/2421

Regulation (EU) 2015/2421 of 16 December 2015 (the “Regulation”) amending Regulation (EC) No. 861/2007 establishing a European Small Claims Proce…

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Regulation (EU) 2015/848 Of 20 May 2015 on Insolvency Proceedings (Recast)

On 20 May 2015, the European Commission published regulation (EU) 2015/848 on insolvency proceedings (recast) ("Regulation 2015/848") . This regulatio…

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4th AML Directive: Significant Impacts for Businesses in Luxembourg

Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 (the “4th AML Directive”) had to be implemented in the Membe…

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Internal Regulations : an essential tool for the employer

Means of communication between employers and employees, governance instruments in international groups and internal regulations influence the terms of…

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Limoger les seniors est-il rentable?

Dans une ère où il semble plus judicieux, pour être ou devenir compétitif, de restructurer ou de rationaliser[1], le licenciement des senior…

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Data Protection | Draft Law

Regulation (EU) 2016/679 of the European parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the proces…

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The consolidation of the Luxembourg company law

On October 10th 2017, the Council of State commented the draft Grand Ducal Regulation aimed at consolidating the Luxembourg law of August 10th&nb…

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GDPR Series: Part 15 - Sensitive Data

This series provides more detailed insight into the General Data Protection Regulation, which was published on 4 May 2016 and must be complied wi…

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Tax changes for 2018 disclosed in the new budget bill

On 11 October 2017, and for the last time before next year’s parliamentary elections, the Luxembourg Finance Minister presented the budget bill for 20…

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The New Law on commercial lease agreements : takes effect on 1 November 2017?

Bill n°6864 on commercial lease agreements modifying some dispositions of the Luxembourg Civil Code (the “Bill”) is expected to be vote…

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European Benchmarks Regulation

Regulation (EU) 2016/1011 of June 8th 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the perfo…

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