Our publications
BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Mar 31, 2023GDPR | Clarification of the ECJ on the right of access of the data subjects
In a decision of 12 January 2023, the European Court of Justice (“ECJ”) clarified the scope of Article 15(1)(c) of Regulation (EU)2016/679 of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (“GDPR”). Legal
Mar 31, 2023The EU General Court overturns the decision of the EU Commission approving Romanian aid to Timișoara International Airport in favour of Wizzair (case t-522/20)
The EU General Court (the “Court”) annuls, through its ruling dated 8 February 2023, the decision of the EU Commission approving Romanian aid to Timișoara International Airport in favour of Wizz Air. Facts Timișoara International Airport is operated by Societatea Națională ‘Aeroportul Internaţional
Mar 31, 2023New circular of Luxembourg tax authorities | Clarification of rules applicable to prime participative regime
On 27 February 2023, the Luxembourg Direct Tax Administration (Administration des contributions directes) issued circular L.I.R. No. 115/12 (the “Circular”) aiming at clarifying the rules applicable to the prime participative. The Circular replaces the previous circular L.I.R. No. 115/12 dated 8
Mar 31, 2023New provisions on posting of employees
Draft law No.7901, which was submitted to the Luxembourg Parliament (Chambre des Députés) on 18 October 2021, was intended, on the one hand, to transpose Directive (EU) 2020/1057, which lays down specific rules on the posting of drivers in the road transport sector and, on the other hand, to adapt
Mar 31, 2023Introduction of cultural leave in Luxembourg law
Background While cultural leave was introduced in 1994 and then repealed in 2014, a draft law No. 7948 has been submitted to the Luxembourg Parliament (Chambre des Députés) on 13 January 2022, the purpose of which was to reintroduce cultural leave into the legal system by providing it with a
Mar 31, 2023FAQ cross border notification procedures
Background On 16 March 2023, the CSSF updated its Frequently Asked Questions (the “FAQs”) in relation to the rules regarding cross-border distribution of collective investment undertakings (as introduced into the Luxembourg laws of 17 December 2010 (“UCI Law”) and of 12 July 2013 (the “AIFM Law”)
Latest Brochures
Mar 31, 2023Dispute Resolution Brochure
BSP’s dispute resolution practice assists domestic and international clients in a wide range of complex and high-stake and/or international disputes (litigation and/ or arbitration proceedings) in all major substantive areas of the law. Our dispute resolution team can be involved at every stage of
Jul 28, 2022BSP Brochure
In this brochure you will find the description of all the activity that we can put in place for you. BSP is an independent full-service law firm based in Luxembourg, committed to providing the very best legal services to our domestic and international clients in all aspects of Luxembourg business
Jul 28, 2022RAIF | Reserved Alternative Investment Funds
This leaflet presents a focus on the Reserved Alternative Investment Fund (RAIF), a new and flexible alternative investment vehicle approved by the Law of 23 July 2016, which entered into force on 31 August 2016 (the RAIF Law). The RAIF Law creates a new type of unregulated fund which has many of
Jul 27, 2022Banking & Finance Brochure
BSP’s banking and finance team assists local and international market players on all regulatory and transactional aspects of Luxembourg banking and financial matters. Our lawyers are reputed for their extensive experience in bank lending, debt capital markets and structured finance, in particular
Jul 27, 2022Tax Brochure
Our Tax practice brochure gives an overview of the services our team of lawyers provides to domestic and internatonal clients in all Luxembourg tax related matters.
Jul 27, 2022Employment, Compensations & Benefits Brochure
Our Employment, Compensations & Benefits practice brochure gives an overview of the services our team of lawyers provides to in all Luxembourg related matters.
Latest Articles & Books
Feb 14, 2023Chambers | Investment Funds 2023 Guide
The Investment Funds 2023 guide covers 15 jurisdictions. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime. Law and Practice 1
Feb 01, 2023Thomson Reuters Practical Law | Quick Compare Chart: Establishing a Fund Manager
Thomson Reuters has published have published a multi-jurisdictional Quick Compare Chart, Establishing a fund manager. This chart compares the approach of different jurisdictions towards the authorisation of fund managers. Among other things, it considers the key legislation governing the
Dec 22, 2022Thomson Reuters Practical Law | Regulation of the legal profession in Luxembourg: overview
A Q&A guide to the regulation of the legal profession in Luxembourg. The Q&A gives a high level overview of the key practical issues including required qualifications for both domestic and foreign legal professionals working in a jurisdiction; common legal professional structures; national
Dec 22, 2022Thomson Reuters Practical Law | Legal systems in Luxembourg: overview
The Q&A gives a high level overview of the key legal concepts including the constitution, system of governance and the general legislative process; the main sources of law; the court structure and hierarchy; the judiciary and its appointment; the general rules of civil and criminal litigation
Nov 30, 2022Lexology | Litigation Funding in Luxembourg
Our experts have contributed to the publication of a Q&A paper about Litigation Funding in Luxembourg together with Nivalion AG. Have a look at the chapters below, which are fully investigated in the pdf. REGULATION Overview Restrictions on funding fees Specific rules for litigation funding Legal
Nov 04, 2022Thomson Reuters Practical Law | Outsourcing: Luxembourg Overview
A Q&A guide to outsourcing in Luxembourg. This Q&A guide gives a high-level overview of legal and regulatory requirements on different types of outsourcing; commonly used legal structures; procurement processes; formalities required for transferring or leasing assets; data protection issues; supply