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The CSDDD establishes mandatory due diligence requirements for large undertakings active across the EU with the aim of mitigating adverse impacts on t…
Lire plusThe Commission Delegated Regulation, supplementing Regulation (EU) 2017/2402 (the “Securitisation Regulation”[1]), entered into force on 8 July 2024 (…
Lire plusLa convention collective 2024-2026 pour le secteur bancaire a été approuvée par l’ABBL et les représentants syndicaux de l’OGBL, du LCGB et de l’ALEBA…
Lire plusOn 2 July 2024, the CAA published Information Note 24/9 to present the results of its study on how life insurance undertakings incorporate sustainabil…
Lire plusOn 3 July 2024, the draft law No. 8185 (the “Draft Law”) has been voted on for the first time before the Luxembourg Parliament (Chambre des Députés). …
Lire plusThe ECJ confirms that supplies made between members of a VAT group are not subject to VAT. This ruling is a very welcome confirmation of the long-stan…
Lire plusOn 19 June 2024, the European Parliament and Council published the new anti-money laundering and countering the financing of terrorism (“AML/CFT”) pac…
Lire plusGlobal law firm DLA Piper has announced the promotions of two business operations professionals to new roles within its Luxembourg office.
Lire plusMandated by the European Commission (the “EC”) in May 2022, the European Supervisory Authorities (“ESAs”) published their individual final report (the…
Lire plusOn 1 July 2024, the Luxembourg government introduced bill of law 8406 into Parliament to implement various EU law changes into Luxembourg VAT law with…
Lire plusThe Luxembourg law implementing certain aspects of the Digital Operational Resilience Act (DORA) and implementing Directive 2022/2556 has just been pu…
Lire plusOn 2 July 2024, the law of 1 July 20241 relating to DORA (DORA Law) was published in the Official Journal of Luxembourg. It will enter into force on 1…
Lire plusThe Chamber of Deputies finally proceeded to the first vote on 26 June 2024 for the bill 8070 amending the Labor Code. The purpose of this bill is to …
Lire plusOn 18 June 2024, the three European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively known as the ESAs) published an opinion (the Opinion) …
Lire plusOn 12 June 2024, the Luxembourg government presented a bill of law to incorporate clarifications and technical provisions resulting from the OECD’s Pi…
Lire plusOn 12 June 2024, a draft law (the “Draft Law”) was presented to Parliament to amend the Luxembourg law of 22 December 2023 on the minimum effective ta…
Lire plusThe ESAs call for a coherent sustainable finance framework which caters for green transition and investor protection, while addressing identified SFDR…
Lire plusThe last three remaining texts of the AML-CTF Package (i.e. the AML Directive [1], the AMLA Regulation [2] and the AML Regulation [3]) have been publi…
Lire plusOn 21 May 2024, a bill of law n° 8387 was introduced before the Luxembourg Parliament. Its objective is to amend several pieces of Luxembourg legislat…
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