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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04/04/25
LuxSE unveils Euro MTF EM3S: unlocking new opportunities for…

The Luxembourg Stock Exchange (the LuxSE) has launched a new professional s…

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12/02/25
The Luxembourg MiCAR law applies as from 10 February 2025

On 10 February 2025, the law of 6 February 2025 regarding notably digital f…

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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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General insolvency filing obligations of Luxembourg companies’ managers

This memorandum gives a short summary on the bankruptcy petition and general insolvency filing obligations of the management body of Luxembourg compan…

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New CSSF fees

On 22 December 2021, a new Grand Ducal Regulation on the fees levied by the CSSF was published in the Mémorial A. It applies as from 1st Jan…

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New CSSF circulars reforming the Long Form Report

On 22 December 2021, the Commission de Surveillance du Secteur Financier (“CSSF”) published three new circulars dated 17 December 2021 effectively ref…

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Holding of virtual meetings for companies and other legal persons possible through 31 December 2022

In the current context associated with the Coronavirus pandemic (COVID-19), by a law of  17 December 2021, published in the Mémorial A …

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Law amending the Luxembourg criminal law framework in relation to money laundering

On 20 December 2021, the law of 17 December 2021 (the “Law”) was published in the Official Journal of the Grand-Duchy of Luxembourg

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Luxembourg to introduce a national mechanism for the screening of foreign direct investments

Luxembourg intends to introduce a national mechanism for the ex-ante screening of each foreign direct investment (“FDI”) into critical activities. For…

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Extension of the possibility to organise virtual board and shareholder meetings until 31 December 2022 and of …

The Act of 17 December 2021 has extended the transitional measures provided for by the Act of 23 September 2020 until 31 December 2022

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Regulatory update: CSSF guidance on virtual assets

On 29 November 2021, the CSSF provided guidance to the industry with respect to virtual assets, by publishing a Communiqué (the “Statement”)…

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Luxembourg Court of Appeal finds that 50% shareholders are entitled to initiate a minority action against dire…

In a judgment dated 27 October 2021, the Seventh Chamber of the Luxembourg Court of Appeal declared admissible a minority action based on article 444-…

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Capital Markets Union: Commission Adopts Package of Measures to Ensure Better Data Access and Revamped Investm…

On 25 November 2021 the European Commission adopted a package of measures to ensure better data access and revamped investment rules. The adopted pack…

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CSSF communiqués of 29 November and 2 December 2021 - prepare for a green holiday season

The EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official J…

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Update on SFDR/Taxonomy for Luxembourg funds

The main disclosure requirements under the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) are…

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Sustainable Finance update (asset management): CSSF announces fast track procedure for Taxonomy Regulation com…

The CSSF announced in its communication (available here) published on 2 December 2021 that it has put in place a fast track procedure to facilitate co…

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CSSF guidance on virtual assets

On 29 November 2021, the Commission de Surveillance du Secteur Financier (the “CSSF”), the Luxembourg financial supervisory authority, publi…

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Commission’s proposal for a Regulation amending the ELTIF Regulation

On 25 November 2021, the European Commission published a proposal for a regulation amending the Regulation (EU) 2015/760 on European Long Term Investm…

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Virtual assets: CSSF guidance and FAQs

Further to its recent communications on financial innovation, the Commission de Surveillance du Secteur Financier (the « CSSF ») h…

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Strengthening the integration and efficiency of capital markets to support economic growth

Today, on 25 November 2021, the EU Commission published a package of legislative proposals. With the proposed measures, the EU Commission is deliverin…

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COVID-19: Luxembourg extends the possibility to hold company meetings remotely until 31 December 2022

Since the COVID-19 pandemic continues to impact the good governance of legal entities, the Luxembourg Government decided to extend for the third time …

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Assessment of predicate tax offences in an AML/CTF context: The asset management industry should get prepared …

The new provisions introduced by Circular 17/650, as amended through Circular 20/744, impact the AML/CFT compliance obligations of the asset managemen…

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Draft RTS and ITS on disclosure of information to investors under the European crowdfunding service providers …

On 9 November 2021, the European Banking Authority released draft regulatory technical standards (the “RTS”) on individual portfolio management of loa…

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