On 8 May 2020, the European Commission released a directive proposal amending the EU Directive on Administrative Cooperation to address the urgent need for deferring certain time limits for the filing and exchange of information in the field of taxation due to the COVID-19 pandemic
On 8 May 2020, as a result of the COVID-19 pandemic, the EU Commission proposed a three-month postponement of the starting date for the filing and exchange of information on reportable cross-border arrangements as provided under Council Directive (EU) 2018/822 of 25 May 2018 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation (“DAC 6”).
This is the eighth episode of our COVID-19 webcast series. In this episode Partner Mark Shaw wants to look at a couple of updates from European Securities and Markets Authority (ESMA) over the last few days regarding conduct of business under MiFID and an EMIR implementation delay.
On 23 March 2020, the European Competition Network (ECN), of which the European Commission and the national competition authorities of all EU Member States are members, published a Joint Statement on the application of competition law during the COVID-19 crisis.
On 7 May 2020, the Luxembourg Parliament passed the draft law n°7540 which relates to the extension of certain deadlines relating to accounting obligations of entities of the financial sector, including, inter alia, SICARs, SIFs and UCIs, in order to take into account the exceptional circumstances caused by COVID-19 (the “Law n°7540”).
Employers must assess the risks to health and safety in relation to the Covid-19 outbreak as well as determine and implement all protective measures to avoid those risks.
Le gouvernement luxembourgeois a décidé de renforcer le dispositif de soutien aux indépendants touchés par les conséquences financières de la pandémie du COVID-19.
Due to the restrictions caused by Covid-19, the Benelux Office for Intellectual Property (the “BOIP”) and the European Union Intellectual Property Office (the “EUIPO”) have decided to extend the deadlines in connection with procedures
On 23 April 2020, the European Union adopted Regulation (EU) N° 2020/558 on specific measures to provide exceptional flexibility in the use of European Structural and Investment Funds in response to the spread of COVID-19
The Grand Ducal Regulation of 25 March 2020 (as amended by the Grand Ducal Regulation of 1 April 2020 and by the Grand Ducal Regulation of 17 April 2020) provides for the suspension during the state of crisis (i.e. until 17 2020) of
