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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More News & Articles

New Commission’s proposal on the EU Retail Investment Strategy

“Only 38% of consumers are confident that the investment advice they receive from financial intermediaries is primarily in their best interest”, a rec…

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ESG in the banking and insurance sectors: ESA progress reports on greenwashing

On 1 June 2023, each of the ESAs published a progress report on green washing in the financial sector.

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ESAs put forward common understanding of greenwashing

As part of its aspiration that supervisors play an essential role in identifying, preventing, investigating, sanctioning, and remediating greenwashing…

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Fraudulent transfer: the payment services law protects the banker of the payee

The decision of the Court of Appeal of 7 March 2023 (now res judicata) is worth highlighting in relation to the issue of the liability of the banker, …

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The Luxembourg Blockchain III Law: a step forward into the new DLT era

The law of 15 March 2023 entered into force on 23 March 2023, implementing the EU Regulation 2022/858 on a pilot regime for market infrastructures bas…

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New bill of law for the modernisation and retailisation of Luxembourg fund solutions

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EU Directive on non-performing loans: Luxembourg Bill introduces a framework for their transfer and a new PFS …

On 24 March 2023, a bill of law aiming, inter alia, at transposing Directive (EU) 2021/2167 on credit servicers and credit purchasers ("NPL Directive"…

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DAC8: EU extends administrative cooperation to crypto-assets

On 8 December 2022, the EU Commission adopted a new proposal for a Directive, the so-called “DAC8” (hereafter referred to as the “DAC8 Proposal” or “t…

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Luxembourg Administrative Tribunal rules on the tax treatment of share class redemptions

The share capital of Luxembourg companies may be divided into different classes of shares that provide the shareholder(s) with different rights. Here,…

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New AML package is now close to the final stage

On 19 April 2023, the EU Parliament announced the approval of its negotiating mandate for three of the four proposed pillars of the much-anticipated n…

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CSSF supervisory priorities in sustainable finance

On 6 April 2023, the Commission de surveillance du secteur financier (the « CSSF ») published its supervisory priorities in sustainable finance, which…

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Sustainable Finance update (asset management)

On 5 April 2023, the European Commission published its response to eight questions on the interpretation of SFDR that were submitted by the ESAs to th…

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EU Commission answers ESA questions on SFDR interpretation

In September 2022, the ESAS jointly submitted questions to the eu commission about the interpretation of the SFDR. the answers to those questions have…

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Proposal for a Directive to prevent misuse of shell entities (ATAD 3) and the amendments proposed by the Europ…

In mid-January 2023, the European Parliament approved the European Commission’s draft directive to prevent misuse of shell entities for tax purposes (…

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Blockchain Law III: strengthening the rules on collateral over digital assets

The Luxembourg parliament voted bill of law no. 8055 on certain aspects of the dlt pilot regime into law on 14 march 2023. it introduces specific rule…

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ECJ case C-555/21 | Consumer's right to early repayment under the MCD

The Austrian Supreme Court referred a question to the European Court of Justice (the “ECJ”) for a preliminary ruling. The question concerned whether A…

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DLT | Significant developments at EU and national level

As of 23 March 2023, Regulation (EU) 2022/858 on a pilot regime for market infrastructures based on distributed ledger technology (the “DLT Pilot Regi…

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Luxembourg Administrative Tribunal rules on the tax treatment of share class redemptions

The share capital of Luxembourg companies may be divided into different classes of shares that provide the shareholder(s) with different rights. Here,…

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The CSSF launches SFDR data collection for Luxembourg investment funds

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Modernising the Luxembourg fund toolbox

Luxembourg further increases the attractiveness and competitiveness of its financial centre through targeted improvements to the Luxembourg fund rules…

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