Actualités et articles

18/10/22

Focus on recent tax measures proposed by the government

The Luxembourg government filed three new bills in the week of 10 October 2022 concerning:the 2023 budget, housing supply reform, a temporary reductio…

17/10/22

Suspension temporaire des déguerpissements en matière de bail d’habitation

Lors de sa réunion du 30 septembre 2022, le Conseil du Gouvernement a, en tenant compte des pressions inflationnistes dues notamment à l’environnement…

14/10/22

ESMA Guidelines on suitability updated to take into account sustainability factors, risks and preferences of t…

On 23 September 2022, ESMA released an updated version of its Guidelines on certain aspects of the suitability requirements as provided for under Dire…

12/10/22

Luxembourg 2023 budget: tax measures supporting competitiveness and technical changes

Amid global economic uncertainties, the Luxembourg government proposes in its 2023 budget bill released on 12 October 2022 to clarify the scope of the…

12/10/22

EIOPA calls for better value for money in credit protection insurance products and issues a warning to insurer…

On 4 October 2022, the European Insurance and Occupational Pensions Authority (“EIOPA”) published the results of a thematic review (the “Review”) on t…

11/10/22

5 things you need to know about the Unified Patent Court

After a great deal of discussion and years of preparation, the European patent landscape will soon change significantly with the introduction of the U…

07/10/22

Crowdfunding regulation | New ESMA Q&As

On 23 September 2022, ESMA updated its Questions and Answers ("Q&As") in relation to Regulation (EU) 2020/1503 of 7 October 2020 on European crowd…

07/10/22

Updated EU list of non-cooperative jurisdictions for tax purposes: Three jurisdictions added

On 4 october 2022, the council revised the eu list of non-cooperative jurisdictions for tax purposes (the “eu blacklist”) and added the bahamas, angui…

07/10/22

ESG in the banking and insurance sectors – New draft RTS on the disclosure of fossil gas and nuclear energy in…

On 30 September 2022, the three European Supervisory Authorities (the “ESAs”) submitted their Final Report on draft Regulatory Technical Standards (“R…

06/10/22

New CSSF FAQ on CBDF – Guidance on Marketing Communications

On 20 September 2022, the CSSF published a new CSSF FAQ on CBDF Marketing Communications (“CSSF FAQ”), the objective of which is to provide additional…

05/10/22

The Court of Justice of the European Union rules that a written contract may qualify as an invoice for VAT pur…

For those purposes, the agreement has to contain all the information necessary for control purposes by the tax authorities.

03/10/22

Energy and environmental challenges for undertakings: available State aid

On 15 July 2022, in response to the rise in energy prices caused by the war in Ukraine on the one hand, and to the push for stronger environmental pro…

29/09/22

Luxembourg agrees temporary VAT cut – here's what you need to know

In an effort to reduce the impact of inflation on households and businesses, the Luxembourg government met with trade unions on 28 September to agree …

29/09/22

De nouvelles obligations à charge des employeurs en perspective

Le 20 juin 2019, le Parlement européen et le conseil de l’Union européenne entérinaient la directive 2019/1152 relative à des conditions de travail tr…

28/09/22

Cross-border distribution of investment funds – New CSSF FAQ

On 20 September 2022, the CSSF published a new FAQ: CBDF - Guidance on marketing communications.

26/09/22

Disclosure letters to share purchase agreements - Basics of the procedure and outline of Luxembourg market pra…

A sale of shares and the related share purchase agreement commonly provide for warranties given by the sellers to the buyers. The warranties are state…

23/09/22

ESG in the banking sector - CSSF survey on sustainable finance

The main objective of the survey was to assess the general public’s knowledge and understanding of sustainable finance and gauge the degree of interes…

22/09/22

EU proposes ban on products made with forced labour

The EU Commission’s proposal to ban products made with forced labour from the Union market imposes new challenging compliance and due diligence obliga…

22/09/22

CSSF FAQ on Cross Border Distribution of Funds: Guidance on Marketing Communications

21/09/22

War in Ukraine: full suspension of the EU-Russia Visa Facilitation Agreement

On 9 September 2022, the Council of the European Union adopted Decision (EU) No 2022/1500 suspending the application of all provisions of the agreemen…