Actualités et articles

15/05/24

AMLA: a new game-changer at institutional level

In response to identified weaknesses within the existing anti-money laundering and countering the financing of terrorism (AML/CFT) framework of the Eu…

14/05/24

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 t…

15/04/24

Bill of law for the transposition of CSRD in Luxembourg

Following the adoption of the corporate sustainability reporting directive:1 (the “ CSRD ”), the Member States of the European Union (the “ EU ”) are …

08/04/24

Reform of Circular 02/77 on NAV calculation errors and investment breaches

03/04/24

New CSSF Circular on NAV errors, non-compliance with investment rules and other errors concerning UCIs

On 29 March 2024, the Commission de Surveillance du Secteur Financier (CSSF) published Circular CSSF 24/856 on the investor protection in case of a NA…

02/04/24

Updated CSSF supervisory priorities in sustainable finance

On 22 March 2024, the Commission de surveillance du secteur financier (the “CSSF”) published an updated version of its supervisory priorities in susta…

27/03/24

Good work takes time: AIFMD 2 and UCITS 6 are about to enter into force

With the publication of the directive amending the AIFMD and the UCITS directive, legislative amendments to the AIFMD and the UCITS directive reflecti…

25/03/24

Publication in the Official Journal of the European Union of the Regulation on instant credit transfers

On 19 March 2024, Regulation (EU) 2024/886 of the European Parliament and of the Council of 13 March 2024 amending Regulations (EU) (i) No 260/2012 es…

19/03/24

After many postponements, the Council of the European Union reached an agreement on the Corporate Sustainabili…

As part of the European Green Deal, the European Commission proposed the Corporate Sustainability Due Diligence Directive (“CSDDD” or the “Directive”)…

19/03/24

MiCAR Levels 2 and 3 measures – where do we stand?

Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (“MICAR”) will enter into applicati…

17/03/24

Luxembourg: Opening of a judicial reorganization procedure, any risk of abuse?

The Act of 7 August 2023 on the preservation of businesses and the modernization of bankruptcy law, which came into force on 1 November 2023 ("Act"), …

15/03/24

Luxembourg restructuring and insolvency: a guide to security

In this article, partner Bertrand Géradin and managing associate David Al Mari from Ogier’s Restructuring and Insolvency team in Luxembourg provide a …

15/03/24

Proposed amendments to ELTIF 2.0 draft technical standards mitigate the challenges

The EU Commission endorses the objective of the ELTIF regulatory reform and supports efforts to further increase the ELTIF’s attractiveness. taking th…

12/03/24

Adoption of MiFID 3 and MiFIR 2 to enhance transparency on markets in financial instruments

On 8 March 2024, Regulation 2024/791 amending Regulation (EU) No 600/2014 (MiFIR) and Directive 2024/790 amending Directive 2014/65/EU (MiFID 2) on ma…

11/03/24

New EU regulation of loan origination by funds

On 26 February 2024, the EU Council adopted new rules amending the EU Alternative Investment Fund Managers Directive (AIFMD II). In this blog, our Fin…

01/03/24

Understanding AIFMD II: loan origination

The long-awaited amendments to directive, (the AIFMD II[2]) were adopted by the European Council on 26 February 2024 and will enter into force 20 days…

29/02/24

Amendments to Directive 2011/61/EU on alternative investment fund managers have been formally approved

On 26 February 2024, the Council of the European Union officially approved amendments to Directive 2011/61/EU on alternative investment fund managers …

16/02/24

CSSF publishes updated money-laundering/terrorist financing risk assessment for the private banking sector

On 7 February 2024, the Luxembourg supervisory authority for the financial sector (Commission de Surveillance du Secteur Financier, “CSSF”) released t…

14/02/24

The EU Parliament and Council reached an agreement on ESG rating

On 5 February 2024, the European Parliament (the Parliament) and the Council of the European Union (the Council) reached a provisional agreement on th…

12/02/24

ESMA reports on impact-washing concerns around funds focused on the United Nations Sustainable Development Goa…

On 1 February 2024, the European Securities and Markets Authority (ESMA) published an article on the efficiency of funds focused on the United Nations…