On 4 December, EU Court of Justice Advocate General Campos Sánchez-Bordona concluded that the United Kingdom may unilaterally withdraw its intention to leave the European Union before 29 March 2019 and therefore remain in the EU.
Further to the elections for Parliament held in October this year, the former ruling coalition between the liberal, ecological and socialist parties emerged victorious and the Prime Minister was appointed by the Grand Duke to form a new government.
Depuis le 25 mai 2018, le Règlement (UE) 2016/679 du Parlement européen et du Conseil du 27 avril 2016 relatif à la protection des personnes physiques à l'égard du traitement des données à caractère personnel et à la libre circulation de ces données,
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On 13 November 2018, the EU and UK negotiators reached an agreement on the conditions for the withdrawal of the UK from the EU (the Withdrawal Agreement) and on 25 November, the EU and UK leaders approved the Withdrawal Agreement
IT is key. This is not the slogan of an IT service provider but one of the lessons to be drawn from the CSSF Circular 18/698. Investment fund managers subject to this circular have strengthened obligations regarding their IT infrastructures, outsourcing, internal governance and data protection.
In our previous « MNKS booklet » dedicated to shareholders’ agreements[1], we briefly described the main contractual and statutory clauses that are designed to restrict the transferability of shares of a company, to ensure the maintenance of the structure of the share capital and to organise the withdrawal in whole or in part of some of the company’s shareholders in certain circumstances.
Aux termes des articles L. 162-8(3) et L.211-27(5) du code du travail, « Sont considérés comme cadres supérieurs « les salariés disposant d’un salaire nettement plus élevé que celui des salariés couverts par la convention collective ou barémisés par un autre biais, tenant compte du temps nécessaire à l’accomplissement des fonctions
Luxembourg’s well-established reputation as a leading financial centre makes it a natural candidate for financial companies weighing their Brexit relocation options.
The enactment on 30 May 2018 of EU Directive 2018/843 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (the “5th AML Directive”) (AML 5 – key aspects and changes) has prompted the Luxembourg government to accelerate the final implementation process
Luxembourg corporate taxpayers can, upon request and under certain conditions, benefit from a reduction of the Luxembourg net wealth tax (NWT). One of the conditions to benefit from the NWT reduction is the allocation of an amount corresponding to five times the NWT
