On 3 October 2025, bill of law no 8628 implementing Directive (EU) 2024/927…
US fund managers (USFM) often turn to Luxembourg for EU capital raising and…
Explication des nouvelles lois, régime et bilan d’application des dispositions légales, état de la jurisprudence : nous livrons des articles de droit ciblés et pratiques sur toute l’actualité juridique.
Ces articles s'adressent à tous les professionnels du droit qui recherchent des informations juridiques pertinentes sur une disposition précise ou souhaitent simplement se tenir au courant de l’actualité législative et juridique.
What’s new? The Law of 20 May 2021 (“Law" – available in French) transposes the requirement introduced by Directive (EU) 2019/878 (“CRD5”) that f…
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The CSSF clarifies under what circumstances and the extent to which MiFID rules apply to IFMs, their third-party delegates and their investment advise…
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On 18 December 2020, the Commission de Surveillance du Secteur Financier (CSSF) published a new FAQ in relation to the use by Luxembourg-domiciled UCI…
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A draft Bill of law No. 7825 (the “Bill”) amending the Law of 22 March 2004 on securitisation (the “Securitisation Law”) and certain other laws was su…
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On 1 June 2021, the first supranational public prosecution authority, the European Public Prosecutor’s Office (“EPPO”), finally took office with the f…
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A draft bill (7822/00) relating to the issuance of covered bonds was recently deposited to implement EU Directive 2019/2162/EU1 into Luxembourg l…
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Bill No 7825 (the Bill), which aims, amongst other things, to amend the Act of 2 March 2004 on securitisation, as amended, was submitted to the C…
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On 21 May 2021, a bill of law amending the law of 22 March 2004 on securitisation (the “Bill of Law”) was presented to the Chamber of Deputies.
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Following the boom of special purpose acquisition companies (“SPACs”) or “blank check companies” in the United States, SPACs have also gained momentum…
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In 2018, the European Commission adopted the proposal for a Directive of the European Parliament and of the Council on credit servicers and credit pur…
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From 10 March 2021 the Sustainable Finance Disclosure Regulation (SFDR) required Fund and Asset Managers to disclose a significant amount of new infor…
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What's new? In a Communication of 26 Mars 2021, the European Commission published new guidance on the application of the referral mecha…
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Harmonised rules, digital innovation and focus on suitability
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On 29 April 2021, following the release of the widely commented European Commission guidance on Art. 22 of the EU Merger Regulation (EUMR), the L…
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On 9 April 2021, the CSSF published Circular CSSF 21/769 regarding governance and security requirements for Supervised Entities (as defined below) to …
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On 9 April 2021, the Commission de Surveillance du Secteur Financier (the « CSSF »), the Luxembourg financial supervisory authorit…
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On 26 March 2021, the European Commission (the “Commission”) published “Commission Guidance on the application of the referral mechanism set out …
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In addressing the severe economic impact of the COVID-19 pandemic, the European legislator amended the existing Prospectus Regulation and introduced t…
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The Luxembourg Green Exchange has recently added to its labelled bond section, a brand-new section dedicated to Climate-Aligned Issuers, built on the …
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In order to perfect the transposition into Luxembourg law of the fourth EU AML Directive 2015/849, in line with GAFI recommendations, the Law of 12 No…
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