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Artikels


Home working and other remote working options: New CSSF guidance released!

Home working and other remote working options: New CSSF guidance released!
21/04/2021

On 9 April 2021, the Commission de surveillance du secteur financier (“CSSF”) published valuable guidance on the governance and security requirements applicable to remote/home working (“Telework”) in the form of CSSF Circular 21/769 

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ECJ paves the way for broader application of VAT-group

ECJ paves the way for broader application of VAT-group
19/04/2021

The ‘M-GmbH’ ruling of the European Court of Justice (‘ECJ’), issued on 15 April 2021, paves the way for a broader application of the VAT group than most EU countries currently apply. In line with previous rulings, the ECJ considers that the VAT group

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Mr. Vincent Wellens
Mrs. Sigrid Heirbrant

Regulatory changes in the audiovisual media sector
16/04/2021

The Act of 26 February 2021 and certain grand ducal regulations have transposed into Luxembourg law the Audiovisual Media Services Directive (2018/1808) (the "Directive"). 

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CSSF circular on governance and security requirements for teleworking

CSSF circular on governance and security requirements for teleworking
13/04/2021

On 9 April 2021, the Commission de Surveillance du Secteur Financier (the « CSSF »), the Luxembourg financial supervisory authority, adopted a circular 20/769 on governance and security requirements for supervised entities to perform tasks 

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The revised Commission merger control referral mechanism – Practical considerations for Luxembourg M&A transactions

The revised Commission merger control referral mechanism – Practical considerations for Luxembourg M&A transactions
09/04/2021

On 26 March 2021, the European Commission (the “Commission”) published “Commission Guidance on the application of the referral mechanism set out in Article 22 of the Merger Regulation to certain categories of cases”

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EU Recovery Prospectus: temporary fast-track to boost listed companies' COVID-19 recovery

EU Recovery Prospectus: temporary fast-track to boost listed companies' COVID-19 recovery
09/04/2021

In addressing the severe economic impact of the COVID-19 pandemic, the European legislator amended the existing Prospectus Regulation and introduced the new EU Recovery Prospectus.

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Mr. CĂ©dric Raffoul

Climate-Aligned Issuers now displayed on the Luxembourg Green Exchange
07/04/2021

The Luxembourg Green Exchange has recently added to its labelled bond section, a brand-new section dedicated to Climate-Aligned Issuers, built on the Climate Bonds Initiative’s issuer screening and research

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Further specifications to the AML Law

Further specifications to the AML Law
07/04/2021

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 November 2004 on the fight against money laundering and terrorism financing (“AML Law”) was amended again.

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Snapshot: SPACs - the Luxembourg alternative

Snapshot: SPACs - the Luxembourg alternative
02/04/2021

While SPACs have existed for decades on public markets, a revival seems to be taking place, with SPACs representing about 60 percent of IPOs in the US in 2020.

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Mrs. Suzanna Guzu Mercea
Mr. Nicolas Cuisset

Welcomed clarification on the financial assistance measures applicable to Luxembourg Sàrls
01/04/2021

A welcomed clarification on the financial assistance regime applicable to private limited liability companies (société à responsabilité limitée, or Sàrl) will be introduced in Article 1500-7 of the amended Luxembourg law of 10 August 1915 on commercial companies (the “Luxembourg Companies Law”).

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