Luxembourg’s Parliament recently amended the bill of law implementing the C…
On 28 October 2024, the EU Commission published a proposal to amend the dir…
Each day we publish several articles written by legal and tax specialists from law firms, notaries offices, the legal departments from payroll agencies and tax consultants.
It is the perfect way for lawyers at the Bar, in-house counsel, barristers, solicitors, notaries, bailiffs, paralegals and any other legal professional with an interest in Luxembourg and European law to keep informed of new legislative initiatives, case law, legal doctrine and all other legal developments on the Belgian legal scene!
The law of 15 July 2024 on transfer of non-performing loans (the “Law”) was published in the Official Journal of the Grand-Duchy of Luxembourg. It aim…
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The CSDDD establishes mandatory due diligence requirements for large undertakings active across the EU with the aim of mitigating adverse impacts on t…
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The Commission Delegated Regulation, supplementing Regulation (EU) 2017/2402 (the “Securitisation Regulation”[1]), entered into force on 8 July 2024 (…
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On 3 July 2024, the draft law No. 8185 (the “Draft Law”) has been voted on for the first time before the Luxembourg Parliament (Chambre des Députés). …
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On 19 June 2024, the European Parliament and Council published the new anti-money laundering and countering the financing of terrorism (“AML/CFT”) pac…
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Mandated by the European Commission (the “EC”) in May 2022, the European Supervisory Authorities (“ESAs”) published their individual final report (the…
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The Luxembourg law implementing certain aspects of the Digital Operational Resilience Act (DORA) and implementing Directive 2022/2556 has just been pu…
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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…
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On 18 June 2024, the three European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively known as the ESAs) published an opinion (the Opinion) …
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The ESAs call for a coherent sustainable finance framework which caters for green transition and investor protection, while addressing identified SFDR…
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The last three remaining texts of the AML-CTF Package (i.e. the AML Directive [1], the AMLA Regulation [2] and the AML Regulation [3]) have been publi…
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On 21 May 2024, a bill of law n° 8387 was introduced before the Luxembourg Parliament. Its objective is to amend several pieces of Luxembourg legislat…
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On 13 June 2024, bill of law 8291 on digital operational resilience (“DORA”) (the “Law”) was voted by the Parliament.
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ESMA has published its Final Report on Greenwashing. This much-anticipated publication follows the Progress Report on Greenwashing published in May 20…
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Instant credit transfers are credit transfers which are executed immediately, 24 hours a day and on any calendar day. In order to unlock the potential…
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On 14 May 2024, the European Securities and Markets Authority (ESMA) published the guidelines on fund names using environmental, social and governance…
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The Sustainable Finance Disclosures Regulation (SFDR1) applies since March 2021 with a view to providing transparency to investors about the sustainab…
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After years of negotiations, the EU Parliament has finally adopted the long-awaited EU regulation on the prevention of the use of the financial system…
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