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On July 30th 2015, the European Securities and Markets Authority (“ESMA”) published its advice to the European institutions on the application of the …
Lire plusOn August 5th 2015, the Luxembourg government introduced before the Parliament the draft law N° 6846 on OTC derivatives, central counterparties and tr…
Lire plusOn August 5th 2015, a new draft law (draft law N°6847 hereafter referred to as the “Draft Law”) was presented to the Luxembourg Parliament.
Lire plusOn July 21st 2015, the European Securities and Markets Authority (“ESMA”) published an updated version of its questions and answers (“Updated Q&A”…
Lire plusThe Minister of Finance presented a new draft law (draft law N°6891 hereafter referred to as the “Draft Law”) on October 13th 2015 and the 2016 State …
Lire plusOn 20 May 2015, the European Parliament adopted a new version (the "Revised Regulation") of Regulation 1346/2000 on insolvency proceedings (the "Origi…
Lire plusThe 2014 and 2015 sweeps performed by the Global Privacy Enforcement Network ("GPEN"), an informal network of 57 privacy enforcement authorities in 43…
Lire plusWith draft law N° 6858 (the “Draft Law”), which was submitted to Parliament on August 14th2015, Luxembourg aims at enhancing its commitment with regar…
Lire plusRegulation 2015/760 (the “Regulation”) on the European Long-Term Investment Fund (“ELTIF”) entered into force on June 9th 2015.
Lire plusOn June 16th 2015, the Administrative Court (Tribunal Administratif) (the “Court”) took a decision on the application of the provisions of Article 50 …
Lire plusOn 1 July 2015, the Luxembourg Ministry of Labour, Employment and the Social and Solidarity Economy introduced a new draft bill no. 6831 aimed at crea…
Lire plusOn August 5th 2015, the government introduced the draft law 6845 which aims at transposing Directive 2014/19/UE of the European Parliament and of the …
Lire plusOn 6 October 2015 the Court of Justice of the European Union (hereafter CJEU) rendered a major decision by reaffirming the importance of the protectio…
Lire plusOn August 10th 2015 the CSSF issued an updated, 9th version of its Frequently Asked Questions (the “FAQ”) concerning the Luxembourg Law of July 12th 2…
Lire plusThe Data Protection Directive (95/46/EC) provides that European companies may transfer personal data to countries outside the European Economic Area i…
Lire plusThe law on electronic archiving ("Law") was voted through by the Luxembourg parliament on 2 July 2015, offering market niches for new tech companies a…
Lire plusOn 30 July 2015, the European Securities and Markets Authority ("ESMA") published (i) its advice for the European Commission, Parliament and Council o…
Lire plusLe projet de loi n° 6864 pourrait, s’il est adopté, changer un certain nombre de dispositions en matière de bail commercial et la protection du preneu…
Lire plusLuxembourg’s highest Courts issued on February 25th and March 26th 2015, two different rulings which override the past position that refused the possi…
Lire plusThe Court of Justice, by its judgment on 6 October 2015 in case C-362/14, declared invalid the US Safe Harbour scheme which provides for personal data…
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