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 EU Commission, the Parliament and the Council reached an agreement on AIFMD II in July this year and since then the asset management industry has …
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After two years, including several months of technical trilogues, the final text of the political agreement on the amendment of AIFMD (the AIFMD II) i…
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The text of the political agreement on the review of the alternative investment fund managers directive has been published. The political agreement am…
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On 13 October 2023, the CSSF released a circular on remuneration requirements under Directive 2014/65 on markets in financial instruments (“MiFID II”)…
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On 1 November 2023, the Luxembourg law dated 7 August 2023, issued from Draft Bill No. 6539A on business preservation and modernization of the insolve…
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On 23 October 2023, the Council of the European Union (the Council) adopted in first reading the regulation on European green bonds standards (the EU …
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The rationale behind adopting this law was to update and streamline the 1928 law applicable to non-profit associations and foundations (Non-Profit Org…
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In 2022, the European Commission evaluated the application and impact of the second payment services directive1 (“PSD II”), the conclusions of which r…
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Il aura fallu pas moins de 14 ans afin de réformer une loi qui datait de près de 100 ans, ce qui n’est pas sans rappeler la réforme de la loi sur les …
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On 4 August 2023, the draft law No. 8291 (the "Draft Law") aimed at (i) implementing Regulation (EU) 2022/2554 of 14 December 2022 on the digital oper…
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On 10 October 2023, the Commission de Surveillance du Secteur Financier (CSSF) published the outcome of an investigation (CSSF Review) launched in Apr…
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On 11 July 2023, ESMA issued a public statement on the sustainability disclosure expected to be included in prospectuses in order to satisfy the requi…
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For a variety of reasons, European investors generally prefer to be onboarded by US fund managers in a fund vehicle organized as a Luxembourg special …
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The landscape of sustainable finance is undergoing rapid transformation, fueled by a global commitment to Environmental, Social, and Governance (ESG) …
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Following the on-site visit for mutual evaluation of Luxembourg made by the Financial Action Task Force (FATF) from 2 November 2022 to 18 November 202…
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On 28 June, Bill No. 6054 on non-profit organisations ("ASBLs") and foundations was voted into law. The law will enter into force in September and rep…
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The European Union’s (the EU) Sustainable Finance Disclosures Regulation (SFDR) came into force in March 2021 and has kept the industry busy (and some…
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On 1 September 2023, a bill of law implementing directive 2022/2557 on the resilience of critical entities (the “Bill of Law”) was filed with the Parl…
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On 12 September 2023, the EU Parliament adopted the Directive on Consumer Credits (CCD II), which will repeal Directive 2008/48/EC of 23 April 2008 on…
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On 28 June 2023, the European Commission published a Proposal for a Directive on payment services and electronic money services in the internal market…
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