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On 29 November 2021, the CSSF provided guidance to the industry with respect to virtual assets, by publishing a Communiqué (the “Statement”)…
Lire plusThe countdown has started. As from 1 January 2022, the last anti-hybrid mismatch provision related to reverse hybrid rule will enter into force. Under…
Lire plusIn a judgment dated 27 October 2021, the Seventh Chamber of the Luxembourg Court of Appeal declared admissible a minority action based on article 444-…
Lire plusOn 25 November 2021 the European Commission adopted a package of measures to ensure better data access and revamped investment rules. The adopted pack…
Lire plusThe EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official J…
Lire plusThe main disclosure requirements under the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) are…
Lire plusThe CSSF announced in its communication (available here) published on 2 December 2021 that it has put in place a fast track procedure to facilitate co…
Lire plusOn 29 November 2021, the Commission de Surveillance du Secteur Financier (the “CSSF”), the Luxembourg financial supervisory authority, publi…
Lire plusOn 25 November 2021, the European Commission published a proposal for a regulation amending the Regulation (EU) 2015/760 on European Long Term Investm…
Lire plusFurther to its recent communications on financial innovation, the Commission de Surveillance du Secteur Financier (the « CSSF ») h…
Lire plusOn 1 October 2021, the Luxembourg Business Register informed that any natural person to be registered with the Luxembourg trade and companies register…
Lire plusToday, on 25 November 2021, the EU Commission published a package of legislative proposals. With the proposed measures, the EU Commission is deliverin…
Lire plusWhen submitted a request for a preliminary ruling, the Court of Justice of the European Union (CJEU) is expect to answer questions – not raise too man…
Lire plusL’intégration des économies et des marchés nationaux a connu une accélération marquée ces dernières années, mettant à l’épreuve le cadre fiscal …
Lire plusSince the COVID-19 pandemic continues to impact the good governance of legal entities, the Luxembourg Government decided to extend for the third time …
Lire plusThe new provisions introduced by Circular 17/650, as amended through Circular 20/744, impact the AML/CFT compliance obligations of the asset managemen…
Lire plusOn 9 November 2021, the European Banking Authority released draft regulatory technical standards (the “RTS”) on individual portfolio management of loa…
Lire plusA dividend is a portion of the profits made by a company and paid to its shareholders out of distributable amounts as defined by Luxembourg law.The ri…
Lire plusOn 3 November 2021, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembou…
Lire plusIn adapting its administrative practice, the CSSF has provided clarification on the holding of ancillary liquid assets by UCITS under the Law of 17 De…
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