Actualités et articles

31/10/23

ASBL et fondations : entrée en vigueur de la réforme de la loi de 1928

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 …

20/10/23

Draft Law No. 8291 on the digital operational resilience of the financial sector

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…

18/10/23

ESG in the banking sector - CSSF review on diversity in management bodies of credit institutions

On 10 October 2023, the Commission de Surveillance du Secteur Financier (CSSF) published the outcome of an investigation (CSSF Review) launched in Apr…

17/10/23

ESMA | Public statement on sustainability disclosure in prospectuses

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…

17/10/23

Accounting and reporting guidance for US fund managers using Luxembourg fund sleeves – New York office Snippet…

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 …

10/10/23

Key takeaways from the ESAs' 2023 Joint Report on voluntary disclosures of principal adverse impacts under SFD…

The landscape of sustainable finance is undergoing rapid transformation, fueled by a global commitment to Environmental, Social, and Governance (ESG) …

04/10/23

FATF's Comprehensive Evaluation of Luxembourg's Financial Systems

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…

02/10/23

Réforme du régime des ASBL au Luxembourg : les principales modifications décryptées

Le 28 juin dernier, a été voté le projet de loi n°6054 sur les associations sans but lucratif (ci-après « ASBL ») et les fondations. Le texte entrera …

27/09/23

The European Commission launches a consultation on the implementation of SFDR

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…

26/09/23

New bill of law to enhance the resilience of critical entities

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…

18/09/23

New directive on consumer credit adopted by EU Parliament

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…

05/09/23

Contemplated new framework to modernise payment services

On 28 June 2023, the European Commission published a Proposal for a Directive on payment services and electronic money services in the internal market…

24/08/23

The revamping of some unclear provisions of the 1915 law pursuant to the 2016 reform enacted by the law of aug…

The law of August 10, 1915 on commercial companies (the “1915 Law”) was the subject of a major reform completed by the adoption of the law of August 1…

17/08/23

CSSF Thematic Review on the implementation of sustainability-related provisions in the investment fund industr…

As sustainable finance gains momentum, regulators worldwide are placing greater emphasis on the integration of environmental, social, and governance (…

16/08/23

CSSF Thematic Review on the implementation of sustainability-related provisions in the investment fund industr…

On 3 August 2023, the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial regulator, published a report of its Thematic Rev…

08/08/23

CSSF thematic review on the implementation of the sustainability-related provisions in the investment funds in…

On 3 August 2023, the CSSF published a Thematic Review on the implementation of the sustainability-related provisions in the investment funds industry…

01/08/23

Bill of law 8007 rectifying certain clerical errors in the company law adopted

On 19 July 2023, the Luxembourg Parliament adopted the bill of law 8007 correcting some omissions, errors and inconsistencies in the Luxembourg law of…

31/07/23

Adoption of FDI regulation

On 14 July 2023 was adopted the law establishing a mechanism for the national screening of Foreign Direct Investments (FDI) (the Law) which transposes…

25/07/23

Screening of foreign direct investments: Luxembourg's balancing act with FDI Regulation

23/07/23

Luxembourg restructuring and insolvency law finally modernised

Introduced ten years ago as a response to the 2008 financial crisis, the bill of law on the preservation of undertakings and the modernisation of bank…