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…
Explication des nouvelles lois, régime et bilan d’application des dispositions légales, état de la jurisprudence : nous livrons des articles de droit ciblés et pratiques sur toute l’actualité juridique.
Ces articles s'adressent à tous les professionnels du droit qui recherchent des informations juridiques pertinentes sur une disposition précise ou souhaitent simplement se tenir au courant de l’actualité législative et juridique.
On 23 August, the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), issued Circular 18/698 relating t…
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Dans nos deux précédents cahiers de MNKS consacrés aux conventions d’actionnaires[1], nous avons présenté brièvement les principales clauses conventio…
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By way of preamble and as a reminder, a depositary of a Luxembourg fund may currently fall under either (1) the regime of the UCITS Directive&nbs…
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On 23 August 2018, CSSF released its new Circular 18/698 on the authorisation and organisation of Luxembourg investment fund managers (the C…
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We would like to draw your attention to the entry into force, on 21 July of this year, of Regulation (EU) 2017/1131 of the European Parliament and of …
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The Commission de Surveillance du Secteur Financier (“CSSF”) has issued today circular 18/698 concerning (i) the approval process and organisation of …
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The law of 6 June 2018 on transparency of securities nancing transactions (“SFTs”), implementing the European regulation 2015/2365 on transparency of …
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The EU Commission, following the publication of its Sustainable Finance Action Plan in March 2018, published on May 24th 2018 the following legislativ…
Lire plusAt the end of September 2017, the European Commission published its 283-page Review of the European Supervisory Authorities1 (ESAs). It is concer…
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Bill of law 7216A - New requirements for fiduciary arrangements: setting up by their fiduciary agent of an internal file on their beneficial owners
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On May 29th 2018, the European Commission published two draft delegated regulations which contain proposals to amend certain rules relating to the saf…
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In our previous « MNKS booklet » dedicated to shareholders’ agreements[1], we briefly described the main clauses restricting the transferabi…
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On June 29th 2018, the Chamber of Deputies of the Grand-Duchy of Luxembourg issued a draft law 7328 on prospectuses (the “Draft Law”) for the purposes…
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On March 8th 2018, the European Commission released a new proposalfor a European Regulation on European Crowdfunding Service Providers (“CSP”) for Bus…
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The new directive (Directive EU 2018/843) on the prevention of the use of the financial system for the purposes of money laundering or terro…
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On 15 June 2018 the Luxembourg government approved 2 new bills of law: - the first bill of law (“ATAD Bill”) implements the provisions of the Council…
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On 12 March 2018 the European Commission issued legislative proposals to amend the existing legal framework for the cross-border distribution of inves…
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On 31 May 2018, the law on markets in financial instruments (the “2018 Law”) as well as the grand-ducal regulation relating to safeguarding of financi…
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This Focusing on Funds update looks at a specific hot tax topic affecting how and where funds are structured. In addition to the increased general foc…
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The new directive on the prevention of the use of the financial system for the purposes of money laundering or terrorism financing (2016/0208/COD) (th…
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