Actualités et articles

20/09/24

Navigating the aftermath of the Illumina/Grail decision: Luxembourg’s perspective

In a landmark decision in joined Cases C-611/22 P and C-625/22 P, the Court of Justice of the EU overturned the General Court’s ruling and annulled th…

13/09/24

CJEU judgment on Article 22 referrals: predictability and legal certainty restored?

A wave of relief swept through businesses within the competition law landscape as the Court of Justice invalidated the Commission’s merger review poli…

10/09/24

CJEU rules against Apple in landmark State aid case

On 10 September 2024, the Court of Justice of the European Union (CJEU) sided with the European Commission and ruled that two Irish subsidiaries of th…

09/09/24

Partial transfer of preliminary reference procedures to the General Court of the EU

As of 1 October 2024, following a recent amendment to Protocol No 3 on the Statute of the Court of Justice of the EU, preliminary reference procedures…

07/08/24

The ESAs the provide additional clarifications under SFDR

On 26 July 2024, the European Supervisory Authorities (the “ESAs”) published an updated version of the consolidated questions and answers (the “Q&…

06/08/24

ESMA’s long-term vision on the functioning of the Sustainable Finance Framework

A few weeks after the publication of the European Supervisory Authorities’ (the “ESAs”) joint opinion on the Sustainable Finance Disclosure Regulation…

31/07/24

The management of ESG risks by credit institutions pursuant to CRD VI

CRD VI Directive sets out further requirements regarding credit institutions’ practices for managing ESG risks.

26/07/24

The EU Commission publishes final RTS on ELTIF 2.0

On 19 July 2024, the European Commission (EC) published final regulatory technical standards (the Final RTS) under the amended ELTIF Regulation (so ca…

26/07/24

Sustainability in the banking sector

On 16 July 2024, the European Banking Authority (EBA) published a report on its review of the application of gender-neutral remuneration policies by i…

22/07/24

New tax package to strengthen Luxembourg's attractiveness

19/07/24

Corporate Sustainability Due Diligence Directive (CSDDD) published in the EU Official Journal

The CSDDD establishes mandatory due diligence requirements for large undertakings active across the EU with the aim of mitigating adverse impacts on t…

18/07/24

Commission Delegated Regulation on sustainability disclosures for STS securitisations enters into force

The Commission Delegated Regulation, supplementing Regulation (EU) 2017/2402 (the “Securitisation Regulation”[1]), entered into force on 8 July 2024 (…

12/07/24

A storm in a teacup: no VAT on transactions within a VAT group

The ECJ confirms that supplies made between members of a VAT group are not subject to VAT. This ruling is a very welcome confirmation of the long-stan…

09/07/24

ESAs’ final reports on Greenwashing in the financial sector

Mandated by the European Commission (the “EC”) in May 2022, the European Supervisory Authorities (“ESAs”) published their individual final report (the…

08/07/24

VAT law changes on 1 January 2025

On 1 July 2024, the Luxembourg government introduced bill of law 8406 into Parliament to implement various EU law changes into Luxembourg VAT law with…

04/07/24

DORA implementation in Luxembourg

The Luxembourg law implementing certain aspects of the Digital Operational Resilience Act (DORA) and implementing Directive 2022/2556 has just been pu…

03/07/24

Publication of the Luxembourg DORA Law

On 2 July 2024, the law of 1 July 20241 relating to DORA (DORA Law) was published in the Official Journal of Luxembourg. It will enter into force on 1…

25/06/24

Market Abuse Regulation (MAR): Ensuring Fair and Transparent Markets

25/06/24

ESAs propose improvements to the SFDR and suggests introducing categories and/or sustainability indicators

On 18 June 2024, the three European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively known as the ESAs) published an opinion (the Opinion) …

24/06/24

Global minimum taxation (Pillar 2) in Luxembourg: new bill of law implements 2023 OECD guidance

On 12 June 2024, the Luxembourg government presented a bill of law to incorporate clarifications and technical provisions resulting from the OECD’s Pi…