News & Articles

The perfect place for any legal or tax professional to keep abreast of everything that’s happening on the Luxembourg legal scene

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AMLD6 – EU unveils tougher anti-money laundering rules: key highlights

AMLD6 is set to address the organisation of the institutional AML/CFT framework at national level. The new directive transfers the rules applying to the private sector from AMLD6 t…

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Ogier strengthens Luxembourg banking and finance team

Real estate and private equity specialist Delphine Gomes has joined Ogier's Banking and Finance team in Luxembourg as counsel, bringing more than a decade of experience in cross-bo…

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07/11/24
Latest developments in Luxembourg’s CSRD implementation proc…

Luxembourg’s Parliament recently amended the bill of law implementing the C…

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04/11/24
New EU proposal to simplify Pillar 2 filing obligations for …

On 28 October 2024, the EU Commission published a proposal to amend the dir…

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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!

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New regulation on money market funds

In December 2016, after several years of negotiations, the European institutions agreed on a compromise text on how the money market fund landscape sh…

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European Consultation on Fintech

In the Consultation, the Commission outlines three core regulatory principles which characterise its stance on Fintech and which derive from its prior…

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ESMA’s Opinion on Share Classes of UCITS

On 30 January 2017, the European Securities and Markets Authority (“ESMA”) issued an opinion on the extent to which share classes of the same UCITS fu…

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The European cross- border bank account freezing regulation

On 18th January 2017, the Regulation (EU) No 655/2014 of the European Parliament and of the Council of 15 May 2014 establishing a European Account Pre…

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Convening of general meetings in SAs and SARLs: what’s new further to the adoption of the Law on Modernisation…

The law of 10 August 2016 which has modernised the law of 10 August 1915 on commercial companies, as amended (the “Law”) has brought different changes…

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Securitisation – Reporting obligations towards the Luxembourg Central Bank – Exemption threshold for 2017

The European Central Bank (“the ECB”) has adopted the Regulation (EC) No 1075/2013  of 18 October 2013 concerning statistics on the assets a…

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Update of the "Market Abuse Law"

Following its adoption by the Luxembourg Parliament, the law of 23 December 2016 on market abuse was finally published in the official Luxembourg gaze…

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PRIIPs KID: Amended Delegated Regulation adopted by the European Commission

On 8 March 2017, the European Commission adopted a Commission Delegated Regulation, including Annexes (PRIIPs RTS), supplementing the Regulation on ke…

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ESMA issues opinion on common principles for setting up classes of shares in UCITS funds

According to Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations, and administ…

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ESMA's opinion on UCITS share classes

ESMA issued an opinion on 30 January 2017 which sets out four high-level principles for achieving a level playing field among existing EU investment f…

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Modernisation of Luxembourg Company Law: Unequal Value Shares and Shares Below Par Value

The Luxembourg Companies Act of 10 August 1915, as amended inter alia by the Act of 10 August 2016 (the "Act"), allows the issuance of shares with une…

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ESMA issues an Opinion on share classes for UCITS

On January 30th 2017 ESMA issued an Opinion on share classes for UCITS addressed to national competent authorities which follows the issuance of two d…

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ESMA Updates on AIFMD and UCITS

On 16 November 2016 and 16 December 2016 respectively, the European Securities and Markets Authority (“ESMA”) updated its Questions and Answers with r…

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CSSF press release and ESMA's opinion on share classes of UCITS

Today (13/02/2017) , the Commission des Surveillance du Secteur Financier (CSSF) published a press release to confirm that it expects a…

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Societal Impact Company (SIS), a new legal framework to promote the social economy

The Luxembourg legislator introduced in December 2016 by the enactment of the law of December 12th 2016 (the Law) a new legal framework for companies …

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The simplified private limited liability company - S.à r.l.-S goes live!

The legal regime governing a simplified private limited liability company (hereinafter “S.à r.l.-S”), introduced by the Luxembourg Law of 23 July 2016…

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Market Abuse | Entry into Force of the New Market Abuse Law

On December 30th 2016, the law of December 23rd 2016 on market abuse (the “New Market Abuse Law”) entered into force. The New Market Abuse Law impleme…

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ESA Joint Discussion Paper on Use of Big Data by Financial Institutions

On December 19th 2016, the Joint Committee of the European Supervisory Authorities (consisting of the European Securities and Markets Authority, the E…

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New capital impairment rules

The Luxembourg law of 10 August 2016 modernising the law on commercial companies of 10 August 1915 (the “Company Law”) and amending the Civil Code (th…

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Common principles for share classes in UCITS issued by ESMA

In the absence of a common EU framework for share classes of UCITS funds*, ESMA has identified diverging national practices as to the types of share c…

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