Actualités et articles

11/10/24

Registration of the Luxembourg national identification number for natural persons registered with the RCS

As of November 12, 2024, with the implementation of new forms in HTML format that may be completed directly online (which will replace the current app…

10/10/24

New RCS formalities

The LBR (Luxembourg Business Register) is implementing a new requirement for all Luxembourg entities and specifically regarding the natural persons re…

27/09/24

Markets in crypto-assets regulation (MiCA): The scope is in the details

Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (“MiCA”) entered into force on 29 J…

20/09/24

Navigating the aftermath of the Illumina/Grail decision: Luxembourg’s perspective

In a landmark decision in joined Cases C-611/22 P and C-625/22 P, the Court of Justice of the EU overturned the General Court’s ruling and annulled th…

18/09/24

ESG Matters: M&A interactions with CSRD reporting

CSRD reporting has quickly become an important element of transparency requirements across the EU. Currently, only the largest listed companies are co…

04/09/24

Corporate Sustainability Reporting Directive Update

While the transposition process of Directive (EU) 2022/2464 as regards corporate sustainability reporting (“CSRD”) is still ongoing in Luxembourg, the…

07/08/24

The ESAs the provide additional clarifications under SFDR

On 26 July 2024, the European Supervisory Authorities (the “ESAs”) published an updated version of the consolidated questions and answers (the “Q&…

06/08/24

ESMA’s long-term vision on the functioning of the Sustainable Finance Framework

A few weeks after the publication of the European Supervisory Authorities’ (the “ESAs”) joint opinion on the Sustainable Finance Disclosure Regulation…

02/08/24

New ESAs Joint Q&A on the practical application of the SFDR and ESMA Opinion on the Sustainable Finance Re…

31/07/24

Bill of law - Blockchain law IV aiming at facilitating the use of distributed ledger technology in demateriali…

On 24 July 2024, bill of law 8425 (the “Bill of Law”) was filed with Luxembourg Parliament.

31/07/24

The management of ESG risks by credit institutions pursuant to CRD VI

CRD VI Directive sets out further requirements regarding credit institutions’ practices for managing ESG risks.

26/07/24

The EU Commission publishes final RTS on ELTIF 2.0

On 19 July 2024, the European Commission (EC) published final regulatory technical standards (the Final RTS) under the amended ELTIF Regulation (so ca…

26/07/24

Sustainability in the banking sector

On 16 July 2024, the European Banking Authority (EBA) published a report on its review of the application of gender-neutral remuneration policies by i…

23/07/24

New regime relating to non-performing loans

The law of 15 July 2024 on transfer of non-performing loans (the “Law”) was published in the Official Journal of the Grand-Duchy of Luxembourg. It aim…

19/07/24

Corporate Sustainability Due Diligence Directive (CSDDD) published in the EU Official Journal

The CSDDD establishes mandatory due diligence requirements for large undertakings active across the EU with the aim of mitigating adverse impacts on t…

18/07/24

Commission Delegated Regulation on sustainability disclosures for STS securitisations enters into force

The Commission Delegated Regulation, supplementing Regulation (EU) 2017/2402 (the “Securitisation Regulation”[1]), entered into force on 8 July 2024 (…

16/07/24

Luxembourg NPL legislation and clarifications in respect of the Financial Collateral Law

On 3 July 2024, the draft law No. 8185 (the “Draft Law”) has been voted on for the first time before the Luxembourg Parliament (Chambre des Députés). …

12/07/24

AML/CFT | The EU Comprehensive Package: essential takeaways

On 19 June 2024, the European Parliament and Council published the new anti-money laundering and countering the financing of terrorism (“AML/CFT”) pac…

09/07/24

ESAs’ final reports on Greenwashing in the financial sector

Mandated by the European Commission (the “EC”) in May 2022, the European Supervisory Authorities (“ESAs”) published their individual final report (the…

04/07/24

DORA implementation in Luxembourg

The Luxembourg law implementing certain aspects of the Digital Operational Resilience Act (DORA) and implementing Directive 2022/2556 has just been pu…