LexGo

Law concerning the compulsory deposit and immobilisation of shares and units in bearer form
26/12/2014

The Law of 28 July 2014 concerning the compulsory deposit and immobilisation of shares and units in bearer form (the "Law") was published in the Mémorial (the Luxembourg Official Gazette) on 14 August 2014. The Law entered into force on 18 August 2014.

The Law follows the recommendations of the Financial Action Task Force and the Global Forum on Transparency and Exchange of Information for Tax Purposes relating to the identification of holders of bearer shares and bearer units and adopts the compulsory deposit and immobilisation of shares and units in bearer form with a depositary allowing identification of the holders thereof.

For more details on this subject, please see our Newsflash of August 2014.

 

Zie ook : Elvinger Hoss Prussen

[+ http://www.ehp.lu/legal-topics/newsletters-and-alerts/newsletter-detail/article/law-concerning-the-compulsory-deposit-and-immobilisation-of-shares-and-units-in-bearer-form-1/]


Click here to see the ad(s)
Alle artikels Financieel recht

Laatste artikels Financieel recht

MiFID 2 third country access: the Luxembourg temporary regime now clarified by the CSSF
26/04/2019

On 12 April 2019, the CSSF released its Circular letter 19/716 on the provision in Luxembourg of investment services or pe...

Read more

News & Analysis: Luxembourg Financial Sector Amendments for a No-Deal Brexit
25/04/2019

On 11 April 2019, two laws dated 8 April 2019 were published in the Official Journal that make amendments to the Luxembour...

Read more

New Prospectus Regulation | New ESMA Q&A
25/04/2019

On March 27th 2019, ESMA published new Questions & Answers on the Prospectus Regulation documents ...

New Prospectus Regulation | New ESMA Q&A Read more

Benchmarks Regulation: upcoming amendment
17/04/2019

The European Parliament has recently reached a political agreement with the European Council and European Commission regar...

Read more

LexGO Network