Actualités et articles

16/08/23

CSSF Thematic Review on the implementation of sustainability-related provisions in the investment fund industr…

On 3 August 2023, the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial regulator, published a report of its Thematic Rev…

09/08/23

Luxembourg court emphasizes need to justify and document economic reasons to use alphabet shares

On 14 June 2023, the lower administrative court rendered a new decision (case n° 45759) once again dealing with the tax treatment applicable to the re…

08/08/23

Pillar 2 implementation in Luxembourg: Bill submitted to Parliament

On 4 August 2023, the Luxembourg government presented Bill of law no. 8292_ (Bill) implementing Council Directive (EU) 2022/2523_ of 14 December 2022 …

08/08/23

CSSF thematic review on the implementation of the sustainability-related provisions in the investment funds in…

On 3 August 2023, the CSSF published a Thematic Review on the implementation of the sustainability-related provisions in the investment funds industry…

02/08/23

Direct tax procedure: Commentary on upcoming amendments

On 28 March 2023, the Minister of Finance presented a new draft law n° 8186 (the “Draft Law”) to the Parliament which amends the Abgabenordnung (“AO”)…

01/08/23

Bill of law 8007 rectifying certain clerical errors in the company law adopted

On 19 July 2023, the Luxembourg Parliament adopted the bill of law 8007 correcting some omissions, errors and inconsistencies in the Luxembourg law of…

31/07/23

Adoption of FDI regulation

On 14 July 2023 was adopted the law establishing a mechanism for the national screening of Foreign Direct Investments (FDI) (the Law) which transposes…

28/07/23

Luxembourg business license update: What will change for entrepreneurs

On 20 July 2023, the Luxembourg Parliament adopted a new law that reforms the right of establishment in Luxembourg (the New Law). It amends the law of…

25/07/23

Securitisation companies and atad 1: red card for luxembourg ?

On 14th July, the EU Commission blew the whistle and initiated an infringement procedure against Luxembourg, by reason of a deemed insufficient implem…

25/07/23

Screening of foreign direct investments: Luxembourg's balancing act with FDI Regulation

24/07/23

Reform of the right of establishment in Luxembourg

Bill n°7989 amending the law of September 2, 2011 regulating access to the professions of craftsman, trader, industrialist and certain liberal profess…

23/07/23

Luxembourg restructuring and insolvency law finally modernised

Introduced ten years ago as a response to the 2008 financial crisis, the bill of law on the preservation of undertakings and the modernisation of bank…

23/07/23

Law implementing public country-by-country reporting Directive adopted by the Luxembourg Parliament

Luxembourg, like all EU Member States, had until 22 June 2023 to transpose the so-called public country-by- country reporting (“CbCR”) Directive into …

23/07/23

“Fine-tuning” the law on commercial companies

Clarifications and corrections to law of 10 august 1915 on commercial companies adopted by Luxembourg parliament

21/07/23

Money laundering and terrorism financing risks for payment institutions

The european banking authority published a report on money laundering and terrorist financing risks associated with eu payment institutions. the repor…

21/07/23

ESMA’s statement on the sustainability disclosures in prospectuses drawn up in compliance with the Prospectus …

On 11 July 2023, ESMA published a public statement on sustainability-related disclosures within prospectuses drawn up in line with the Prospectus Regu…

20/07/23

A new national screening mechanism for foreign direct investments

A new law dated 14 July 2023 establishing a national screening mechanism for foreign direct investments that may undermine security or public order fo…

19/07/23

Investment tax credit regime to be modernised as from 2024

On 13 July 2023, a draft law was presented to Parliament which introduces a major reform of the current investment tax credit framework, with effect a…

17/07/23

Work-life balance : Modification of article L. 233-16 of the Labour Code and introduction of new extraordinary…

The Chamber of Deputies finally proceeded to the first vote on 11 July 2023 for the bill 8016 followed by the bill 8017, both amending the Labor Code …

17/07/23

Amendment of the Luxembourg Investment Funds Legal Toolbox

On 11 July 2023, a law reforming Luxembourg investment funds (the “Law”) was adopted by the Luxembourg Parliament with the aim to, notably, improve an…