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COMMERCIAL & COMPANY LAW


Can directors still receive bonus payouts during the COVID-19 crisis?

Can directors still receive bonus payouts during the COVID-19 crisis?
01/04/2020

Remuneration of board members in a Luxembourg corporate entity is usually subject to approval by and/or reporting to the general meeting of shareholder. 

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COVID-19: Impact on Corporate Governance for the Luxembourg Companies

COVID-19: Impact on Corporate Governance for the Luxembourg Companies
01/04/2020

In light of the Covid 19 crisis in order to allow Luxembourg companies to function normally and hold their meetings without physical presence to prevent the spreading of the virus at such meetings while avoiding any breach of the provision

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Law of 25 March 2020 establishing a central data retrieval system for bank, payment accounts and safe-deposit boxes

Law of 25 March 2020 establishing a central data retrieval system for bank, payment accounts and safe-deposit boxes
01/04/2020

The law of 25 March 2020 establishing a central data retrieval system concerning IBAN accounts and safe-deposit boxes entered into force on 30 March 2020
(the “Central Register Law”). 

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Implementation of the 5th AML Directive into Luxembourg law: the last piece of the puzzle – Key aspects and changes of the law of 25 March 2020

Implementation of the 5th AML Directive into Luxembourg law: the last piece of the puzzle – Key aspects and changes of the law of 25 March 2020
31/03/2020

The law1 of 25 March 2020 implementing EU Directive 2018/8432 (the “5th AML Directive”) and amending the law of 12 November 2004 on the fight against money laundering and terrorism financing, as amended (the “2004 Law”) entered into force on 30 March 2020 (the “New Law”).

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Implementation of the 5th AML Directive into Luxembourg law: the last piece of the puzzle – Key aspects and changes of the law of 25 March 2020

Implementation of the 5th AML Directive into Luxembourg law: the last piece of the puzzle – Key aspects and changes of the law of 25 March 2020
31/03/2020

The law1 of 25 March 2020 implementing EU Directive 2018/8432 (the “5th AML Directive”) and amending the law of 12 November 2004 on the fight against money laundering and terrorism financing, as amended (the “2004 Law”) entered into force on 30 March 2020 (the “New Law”).

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COVID-19: Luxembourg Exceptional Measures on Holding Company Meetings and Filing Annual Accounts

COVID-19: Luxembourg Exceptional Measures on Holding Company Meetings and Filing Annual Accounts
30/03/2020

On 18 March 2020, Luxembourg Prime Minister Xavier Bettel and the Luxembourg Government declared a state of emergency to swiftly enact a series of measures to prevent the spread of COVID-19.

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Special serie COVID-19 - n°2 How to deal with corporate law questions?

Special serie COVID-19 - n°2 How to deal with corporate law questions?
27/03/2020

In the context of the difficult, evolving situation in connection with COVID-19, most companies are currently facing unprecedented legal issues within their organisations. As a result, they have to adapt significantly their way of working to go through this unique time in the best possible

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New measures for Luxembourg investment funds in the context of COVID-19

New measures for Luxembourg investment funds in the context of COVID-19
27/03/2020

Considering the development of the COVID-19 crisis, a number of new measures and communications have been issued to the attention of the financial centre over the past days.

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New measures for Luxembourg investment funds in the context of COVID-19

New measures for Luxembourg investment funds in the context of COVID-19
27/03/2020

Considering the development of the COVID-19 crisis, a number of new measures and communications have been issued to the attention of the financial centre over the past days.

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COVID-19: Overview of Luxembourg supporting measures

COVID-19: Overview of Luxembourg supporting measures
26/03/2020

The Covid-19 outbreak has been declared a public health emergency of international concern by the World Health Organization, causing unprecedented impact on people's lives, businesses and communities.

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