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 Organisation for Economic Co-operation and Development (hereafter “OECD”) released on May 22nd 2015 a revised discussion draft regarding Action Po…
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On May 5th 2015, the CSSF issued CSSF Circular 15/612 (the “Circular”) on information to be submitted to the CSSF concerning non regulated AIFs and re…
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On June 3rd 2015, a letter of the Commission de Surveillance du Secteur Financier(“CSSF”) dated April 29th 2015 was made available by the Association …
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On March 11th 2015, the European Court of Justice (ECJ) published a judgment on Jean-Bernard Lafonta v Autorité des Marchés Financiers concerning the …
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On 2 July 2015, the Luxembourg Parliament adopted the law implementing, amongst others, the CRD IV (1) into Luxembourg law (the “Law”) which…
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The publication of its annual report always represents an opportunity for the CSSF to confirm and to clarify, where necessary, its position on certain…
Read MoreAdoption and publication of the Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recas…
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On May 22nd 2015, the Commission de Surveillance du Secteur Financier (“CSSF”) published Press Release 15/23 in relation to the law of 11 January 2008…
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The People’s Bank of China (PBoC) announced on April 29th 2015, that a 50 billion RMB quota has been granted to Luxembourg under the Renminbi Qualifie…
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The establishment of a Luxembourg Freeport at the end of 2014 and the failure of the Art Exchange project (“SplitArt”) in 2012 has led many to questio…
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En date du 20 mai 2015, le Parlement Européen a adopté une nouvelle mouture (le Règlement Révisé) du Règlement 1346/2000 relatif aux procédures d’inso…
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Concerned about the increase in frauds related to internet payments, the European Banking Authority (“EBA”) has published guidelines on 19 December 20…
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The Bill of Law 6777 (the "Bill of Law"), the purpose of which is to introduce a simplified limited liability company (société à responsabilité limité…
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On 26 January 2015, the CSSF published Press Release 15/09 in which Luxembourg issuers of bearer shares and units were reminded of the final deadline …
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The Law of 1 April 2015 establishing the Systemic Risk Board and amending the Law of 23 December 1998 concerning the monetary status and the Luxembour…
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Last January 31st 2015 was the first reporting deadline for most Luxembourg market participants to file their alternative investment fund managers ("A…
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Circular CSSF 15/606 (the "Circular") defines the criteria according to which an investment firm is considered to fall within the definition of "CRR i…
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Following on from the advice and the opinion of the European Securities and Markets Authority ("ESMA") on investment-based crowdfunding in December 20…
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On 6 February 2015, the CSSF published its prudential authorisation procedure for the approval of holders of key functions within banks and investment…
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On 4 February 2015, the CSSF published its updated Questions and Answers on the status of professionals of the financial sector, ("PFS").
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