Latest Newsflashes
Aug 06, 2026Luxembourg Case Law | Administrative Court clarifies the arm’s length analysis of distressed intra-group debt restructuring
On 22 July 2026, the Luxembourg Higher Administrative Court ( Cour administrative ) (the “ Court”) (No. 53194C ) clarified the framework to assess the arm’s length character of a debt restructuring as well as the rules applicable to the accounting of debt and related interest for tax purposes. Facts
Jul 16, 2026Newsflash | CRD VI in Luxembourg: Grandfathering has ended
What third-country banks need to do before January 2027 The grandfathering period under the sixth Capital Requirements Directive (Directive (EU) 2024/1619) of the European Parliament and of the Council of 31 May 2024 amending Directive 2013/36/EU as regards supervisory powers, sanctions, third
Jul 10, 2026CRD VI third-country branch regime | Luxembourg transposes the new framework for non-EU banks
With the expiry of the grandfathering period under Directive (EU) 2024/1619 amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks (the " CRD VI Directive") coming to an end, attention now turns to the Luxembourg
Jul 10, 2026EU Digital Markets Act I Partial setback for the European Commission in General Court’s judgment over Meta’s complaint
On 3 June 2026, in Case T-1078/23, Meta Platforms, Inc. v European Commission, the General Court of the European Union (the “ Court”) delivered a judgment on an action for annulment brought by Meta Platforms, Inc. (“ Meta”) against a decision of the European Commission (the “ Commission”) adopted
Jul 09, 2026Digital Single Market and copyright I CJEU delivers setback for Meta
On 12 May 2026, in Case C-797/23, Meta Platforms Ireland Ltd v Autorità per le Garanzie nelle Comunicazioni (“ AGCOM”), the Court of Justice of the European Union (“the Court”) delivered a preliminary ruling on interpretation in proceedings between Meta Platforms Ireland Ltd (“ Meta”) and AGCOM, the
Jul 09, 2026ESG | CSSF communication on the ESG Ratings Regulation and new SFDR disclosure requirements
On 1 July 2026, the CSSF published a communication drawing market participants' attention to two key developments arising from the ESG Ratings Regulation (Regulation (EU) 2024/3005) ESG Rating disclosure First, the Regulation began to apply on 2 July 2026. Second , Article 49 [LM1] of the Regulation