LexGo

COMMERCIAL & COMPANY LAW


Brexit: What does the Withdrawal Agreement mean for financial services?

Brexit: What does the Withdrawal Agreement mean for financial services?
03/12/2018

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

Read more
The clauses relating to the exercise of power within the company

The clauses relating to the exercise of power within the company
30/11/2018

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.

Read more
The Luxembourg registers of beneficial owners (“BOs”) expected soon, so get ready!

The Luxembourg registers of beneficial owners (“BOs”) expected soon, so get ready!
23/11/2018

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 

Read more
Interesting changes in relation to applicable cooperation requirements with the Luxembourg Financial Intelligence Unit

Interesting changes in relation to applicable cooperation requirements with the Luxembourg Financial Intelligence Unit
21/11/2018

Professionals subject to the law of 12 November 2004 relating to the fight against money laundering and terrorist financing, as amended (the AML Law) (the Professionals) should be aware of a few changes introduced by the law of 10 August 2018 reforming, among others, the organisation of the Luxembourg Financial Intelligence Unit (Cellule de Renseignement Financier, the FIU). 

Read more
LuxSE Securities Official List (SOL)

LuxSE Securities Official List (SOL)
21/11/2018

Since 12 January 2018, the Luxembourg Stock Exchange (LuxSE) has allowed the admission of securities, as defined by the LuxSE rulebook (the Rulebook), to its official list without admitting them to trading.

Read more
Capital Call Facilities – LPA and side letter review

Capital Call Facilities – LPA and side letter review
05/11/2018

"Capital call" facilities (also known as "subscription line" facilities) are facilities made available to funds (often on a revolving credit basis and for general working capital purposes) which are secured against the uncalled capital commitments of the investors in the fund including:

Read more
Focusing on Funds - AIFMD pre-marketing proposals

Focusing on Funds - AIFMD pre-marketing proposals
25/10/2018

This Focusing on Funds update looks at the hot topic of funds marketing and proposals for a pre-marketing regime for alternative investment funds. 

Read more
Focusing on Funds - AIFMD pre-marketing proposals

Focusing on Funds - AIFMD pre-marketing proposals
25/10/2018

This Focusing on Funds update looks at the hot topic of funds marketing and proposals for a pre-marketing regime for alternative investment funds. 

Read more
Money Market Funds | CSSF FAQ

Money Market Funds | CSSF FAQ
22/10/2018

The CSSF published its first Frequently Asked Questions (“FAQ”) concerning the Money Market Fund Regulation (“MMFR”) on August 28th 2018. This FAQ explains some of the key aspects of the regulation which are relevant to money market funds (“MMFs”) and their managers.

Read more
Fallback benchmarks for main IBORs: consultation published by ISDA

Fallback benchmarks for main IBORs: consultation published by ISDA
19/10/2018

ISDA, the International Swaps and Derivatives Association, is planning to amend certain “floating rate options” in the 2006 ISDA Definitions in order to include fallback benchmarks that would apply upon the permanent discontinuation (based on defined triggers)

Read more

Click here to see the ad(s)

LexGO Network