Actualités et articles

21/11/22

ESG in the banking sector - EBA Report on the integration of ESG risks into the SREP

On 24 october 2022, the European banking authority (“eba”) published its report on the integration of esg risks in the supervision of investment firms…

10/11/22

EBA report on incorporating environmental, social and governance risks in the supervision of investment firms

On 24 October 2022, the European Banking Authority (“EBA”) released a report on incorporating environmental, social and governance (“ESG”) risks in th…

07/11/22

The act of 28 October 2022 on the procedure of administrative dissolution without liquidation comes into effec…

The Luxembourg act of 28 October 2022 introducing the procedure of administrative dissolution without liquidation (procédure de dissolution administra…

20/10/22

Clarification by the CSSF regarding eligible entities for the opening of cash accounts in relation to Luxembou…

19/10/22

The Luxembourg Stock Exchange launches a new fast-lane procedure for Euro MTF listings

As a result of consultations with international stakeholders, the Luxembourg Stock Exchange (LuxSE) has launched a new fast-lane procedure for Euro MT…

18/10/22

New publications from the AED with regard to AML/CFT supervision of non-regulated AIFs (excluding RAIFs)

The Administration de l’enregistrement, des domaines et de la TVA (“AED”) has recently published on its website a new section dedicated to the anti-mo…

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…

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

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…

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

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

19/09/22

Modernization of the law 5 August 2005 on financial collateral arrangements

The amended law of 5 August 2005 on financial collateral arrangements has long been recognized in Europe as offering strong legal certainty and protec…

12/09/22

Sustainable Finance update (asset management): CSSF communication on SFDR RTS confirmation letter

Further to our newsflash of 29 July 2022 in connection with the CSSF's communication of 27 July 2022 in relation to SFDR and the upcoming entry into f…

07/09/22

The CSSF confirms the procedure for the implementation of the SFDR RTS

Following the publication of the Delegated Regulation (EU) 2022/1288 and the confirmation of the application date of the SFDR Level 2 provisions (or “…

18/08/22

Recent amendments to the Luxembourg AML/CTF legal framework

Make sure that your policies and procedures are up-to-date.

17/08/22

CSSF communication on SFDR and SFDR RTS regulatory requirements

On 27 July 2022, the Luxembourg financial regulator (CSSF) released a communication on the regulatory requirements arising from Regulation (EU) 2019/2…

17/08/22

Dates of entry into force of requirements regarding client sustainability preferences in MiFID context

On 2 August 2022, the CSSF released a Communiqué on the application of MiFID rules to sustainability and more specifically to the consideration of the…