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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Nouveau cadre légal en matière de crédit hypothécaire

La loi du 23 décembre 2016 relative aux contrats de crédit immobilier (la « Loi ») s’inscrit dans le sillage d’une directive européenne préc…

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GDPR Series Part 6: Legal Grounds for Processing

The GDPR does not change the legal grounds for processing. However, certain interpretations and practices are now expressly included in the GDPR, as f…

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E-commerce: New VAT Rules Proposed by the Commission

On December 1st 2016, the European Commission published a set of proposed amendments to the EU VAT legislation currently in force (the “Proposal”). Th…

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Modernisation of Luxembourg Company Law: Unequal Value Shares and Shares Below Par Value

The Luxembourg Companies Act of 10 August 1915, as amended inter alia by the Act of 10 August 2016 (the "Act"), allows the issuance of shares with une…

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A new circular on intra-group financing activities performed by Luxembourg companies

The Luxembourg tax authorities (“LTA”) have released circular L.I.R. 56/1 - 56bis/1 of 27 December 2016 on the tax treatment of Luxembourg-resident co…

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ESMA issues an Opinion on share classes for UCITS

On January 30th 2017 ESMA issued an Opinion on share classes for UCITS addressed to national competent authorities which follows the issuance of two d…

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ESMA Updates on AIFMD and UCITS

On 16 November 2016 and 16 December 2016 respectively, the European Securities and Markets Authority (“ESMA”) updated its Questions and Answers with r…

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CSSF press release and ESMA's opinion on share classes of UCITS

Today (13/02/2017) , the Commission des Surveillance du Secteur Financier (CSSF) published a press release to confirm that it expects a…

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Societal Impact Company (SIS), a new legal framework to promote the social economy

The Luxembourg legislator introduced in December 2016 by the enactment of the law of December 12th 2016 (the Law) a new legal framework for companies …

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Swiss corporate tax reform III sent back to parliament with new proposal expected in spring 2017 – significant…

On 12 February 2017, the Swiss corporate tax reform III (CTR III) bill was not approved by Swiss voters requiring Swiss government and parliament to a…

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Legal Alert | Criminal Checks

The Luxembourg law dated July 23rd  2016 [1] (the “New Law”) amending inter alia the law dated March 29th 2013 relating to the organisation of th…

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The simplified private limited liability company - S.à r.l.-S goes live!

The legal regime governing a simplified private limited liability company (hereinafter “S.à r.l.-S”), introduced by the Luxembourg Law of 23 July 2016…

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Market Abuse | Entry into Force of the New Market Abuse Law

On December 30th 2016, the law of December 23rd 2016 on market abuse (the “New Market Abuse Law”) entered into force. The New Market Abuse Law impleme…

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New regulation comes into force supporting creation of a European bank account preservation order procedure Ne…

The new regulation n°655/2014 supporting the creation of a European bank account preservation order procedure came into force on 18 January 2017. This…

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GDPR N°2 - New Data Protection Obligations

Following the adoption of the new EU General Data Protection Regulation (GDPR) on 27 April 2016, most organisations began to re-examine their internal…

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The CJEU imposes strict conditions on the use of an integrated mailbox in a client-dedicated web space for e-b…

In its judgment of 25 January 2017 in a case (C- 375/15) opposing BAWAG, an Austrian bank and VKI, an Austrian consumer organisation, the Court of Jus…

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European Account preservation order

A European Account Preservation Order, the purpose of which is to facilitate the execution of cross-borders pecuniary claims, has recently been e…

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New year, new benefit and employment laws: Are you compliant?

2017 has arrived and some legislative changes with it. In order to assess if your HR department is compliant with the new laws, you will find a short …

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New Law Regarding Working Hours

A new law dated December 23rd 2016 on the organisation of the working hours (the “ New Law”) has been enacted which amends the Luxembourg Labour …

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ESA Joint Discussion Paper on Use of Big Data by Financial Institutions

On December 19th 2016, the Joint Committee of the European Supervisory Authorities (consisting of the European Securities and Markets Authority, the E…

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