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The Bill of Law 6777 (the "Bill of Law"), the purpose of which is to introduce a simplified limited liability company (société à responsabilité limité…
Lire plusCircular L.G. - A. n°61 issued on February 12th 2015 (hereafter the "Circular") by the Luxembourg tax authorities (hereafter the "LTA") aims at clarif…
Lire plusOn 26 January 2015, the CSSF published Press Release 15/09 in which Luxembourg issuers of bearer shares and units were reminded of the final deadline …
Lire plusOn March 18th 2015, the European Commission published a new initiative on tax transparency to fight tax evasion and avoidance. The initiative includes…
Lire plusThe Law of 1 April 2015 establishing the Systemic Risk Board and amending the Law of 23 December 1998 concerning the monetary status and the Luxembour…
Lire plusLast January 31st 2015 was the first reporting deadline for most Luxembourg market participants to file their alternative investment fund managers ("A…
Lire plusCircular CSSF 15/606 (the "Circular") defines the criteria according to which an investment firm is considered to fall within the definition of "CRR i…
Lire plusFollowing on from the advice and the opinion of the European Securities and Markets Authority ("ESMA") on investment-based crowdfunding in December 20…
Lire plusOn 6 February 2015, the CSSF published its prudential authorisation procedure for the approval of holders of key functions within banks and investment…
Lire plusOn February 26th 2015, the Economic and Monetary Affairs Committee of the European Parliament ("ECON") voted on the draft report on the proposed draft…
Lire plusOn 4 February 2015, the CSSF published its updated Questions and Answers on the status of professionals of the financial sector, ("PFS").
Lire plusUne décision du Tribunal correctionnel de Luxembourg du 20 mars 2014 rendue par la XIIème chambre correctionnelle avait provoqué une petite révolution…
Lire plusOn 24 March 2015, the Commissariat aux Assurances ("CAA") issued two new circular letters.
Lire plusThe proposed regulation (the "Regulation") on European Long-Term Investment Funds ("ELTIF") has been adopted by the European Parliament (the "EP") on …
Lire plusOn 20 April 2015, the European Council formally approved a new regulation aiming at creating a new investment vehicle channelling European investment …
Lire plusFollowing complaints by the Luxembourg retail sector and the attention by the European Commission on possible restrictions on the internal market in t…
Lire plusOn 6 May 2015, the CSSF updated its Frequently Asked Questions in relation to investment funds established in Luxembourg concerning the 2014 Law, to r…
Lire plusTwo years after the European Commission's proposal, the European Parliament approved the final text of the fourth AML Directive ("the Fourth AMLD") on…
Lire plusOn February 2nd 2015 the European Securities and Markets Authority ("ESMA") published its final report on possible delegated acts concerning the Marke…
Lire plusImplementation of the Regulation (EU) 648/2012 on OTC derivatives, central counterparties and trade repositories (EMIR) ESMA/2015/775 (the "Q&A").…
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