The COVID-19 pandemic has hit Luxembourg as other European countries since the beginning of the year 2020 and has adversely affected a number of issuers under CSSF's supervision.
Depuis le début de la crise de Covid-19, le télétravail est devenu la règle pour un grand nombre de travailleurs. Il était donc devenu urgent d’en moderniser le cadre légal.
L'émergence sanitaire du COVID-19 exige une attention particulière de la part des employeurs et des responsables des ressources humaines des entreprises, face à des défis quotidiens tels que le contrôle du respect des obligations de garantie de la sécurité et de la santé des salariés, le suivi de l’intense activité
Since the Covid-19 pandemic continues to impact the good governance of legal entities, the Luxembourg Government decided to extend the possibility for companies and other legal entities to hold their corporate body meetings remotely until 30 June 2021.
Virtual shareholder and board meetings allowed until 31 December 2020
On 22 September 2020, the draft law n°7673 providing measures concerning the holding of meetings of companies and other legal entities was voted by the Luxembourg Parliament (the “Law n°7673”).
This is the 11th episode of our COVID-19 webcast series. In this new episode, Mark Shaw gives a quick run-down of where we are in terms of financial services regulation, corporate law and tax. A look back over the various responses to the COVID-19 pandemic to see which are still applicable while we are in this period between the initial wave and our ultimate return to normality.
On 6 July 2020, the Luxembourg government issued bill of law N°7625 implementing into domestic law Council Directive (EU) 2020/876 of 24 June 2020, which amends Directive 2011/16/EU (“DAC 6”) to address the urgent need
Yesterday, the draft law implementing the optional deadline extensions of EU Directive of 24 June 2020 (the “Directive”) amending the EU Directive on Administrative Cooperation to address the urgent need to defer certain time limits for the filing and exchange of information in the field of taxation because of the COVID-19 pandemic was presented to Parliament
In this 10th episode, Partner Mark Shaw talks about some recommendations of the European Systemic Risk Board in the wake of the COVID-19 pandemic. They focus on real estate and debt funds, but they are flagging issues relevant to all asset managers, so the recommendations are worth considering in a broader context.
