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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Ukraine Crisis - CSSF FAQ on the application of LMTs by UCITS

On 31 March 2022, the CSSF provided guidance with respect to the challenges faced by investment funds holding Russian and Belarussian assets that have…

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The ESAs published a revised Supervisory Statement on the application of SFDR

Despite Level 1 of the Sustainable Finance Disclosure Regulation (SFDR) being applicable for over a year, the Level 2 requirements, set out in the dra…

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Paving the way for sustainable securitisation?

Over the last few years, the financial sector has steadily embraced the development of various sets of regulations related to sustainable economic act…

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Accès public des informations des bénéficiaires effectifs : l’avocat général valide !

Transposant l’article 30 de la directive (UE) 2015/849 du Parlement européen et du Conseil du 20 mai 2015 relative à la prévention de l’utilisation du…

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Securitisation entities within the meaning of the EU Securitisation Regulation no longer exempt from the inter…

Yesterday, a draft law was presented to Parliament in order to remove the exemption applicable to securitisation entities within the meaning of EU Reg…

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Amendments to Luxembourg Securitisation Law

On 9 February 2022, the Luxembourg Parliament (Chambre des Députés) adopted the draft law 7825 (the "New Law"), which amends the law of 22 March 2004 …

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Luxembourg Securitisation: Law new changes and new opportunities

Securitisation vehicles (SVs) in Luxembourg are governed by the Law of 22 March 2004, as amended.

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Bill on the Use of Digital Tools and Processes in Company Law Brought Before the Luxembourg Parliament

Bill No 7968 (the "Bill") transposing Directive (EU) 2019/1151 of the European Parliament and the Council of 20 June 2019 (the "Directive") amend…

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Grounds to reverse a judicial liquidation - recent Luxembourg case law

On 14 December 2021, the Luxembourg court of appeal rendered a decision setting out the potential grounds for overturning a judicial liquidation of a …

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Luxembourg publishes first draft of administrative dissolution without liquidation procedure

Draft legislation n°6539B, issued from the split of bill n°6539 relating to business preservation and the modernization of bankruptcy law, c…

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New registration formality for natural persons as of 31 March 2022

On 31 March 2022, the Luxembourg Business Registers ("LBR"), which manages the Trade and Companies Register ("RCS"), will introduce a new requirement …

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Application of ESMA’s Guidelines on Marketing Communications for AIFs and UCITS from 2 February 2022

The introduction of the concept of pre-marketing was one of the more widely discussed elements of the Cross Border Distribution Directive (and Regulat…

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Boost for securitisation - Parliament passes bill amending the Securitisation Act

Bill No 7825 (the Bill), which, amongst other things, amends the Act of 2 March 2004 on securitisation was passed by the Chambre des Députés on 9…

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The ESMA provides its expectations in relation to firms using tied agents and focuses notably on staffing requ…

On 2 February 2022, the ESMA released a Supervisory Briefing on supervisory expectations in relation to credit institutions and investment firms (the …

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Securitisation: a bill of law in favour of greater flexibility

On 21 May 2021, a bill of law amending the law of 22 March 2004 on securitisation (the “Bill of Law”) was presented to the Chamber of Deputies.

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Virtual general meetings during Covid-19 crisis

The coronavirus epidemic took hostage the course of life in many countries around the world, which found themselves in successive confinements since 2…

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Luxembourg further improves the flexibility and attractiveness of its securitisation regime

Today, the law modifying the law dated 22 March 2004 on securitisation (the “Securitisation Law”) was adopted (the “Law”).

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Luxembourg Business Register: additional filing formalities for natural persons take effect from 31 March 2022…

We previously discussed the upcoming obligation for natural persons and entities registered with the Luxembourg Register of Trade and Companies (Regis…

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Projet de loi n°7961 modifiant la loi du 19 décembre 2002 concernant le Registre de Commerce et des Sociétés (…

Projet de loi n°7961 modifiant la loi du 19 décembre 2002 concernant le Registre de Commerce et des Sociétés (RCS) ainsi que la comptabilité et les co…

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Cross-Border Fund Distribution Update

On 30 January 2022, the CSSF published Circular 22/795 concerning the application of ESMA guidelines on marketing communications (…

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