Newsflashes

Context The Luxembourg Supreme Court ( Cour de cassation), through its decision on 3 February 2022 (No. Cas-2020-00163), overruled a judgment issued by the Court of Appeal ( Cour d’Appel) on 8 July 2020 (No. 97/20-VII-CIV) and confirmed that a stay of execution ( sursis à exécution) granted by the

Today, the Luxembourg regulator (CSSF) issued the Circular 22/798 amending the Circular 12/548 of 30 October 2012 relating to Regulation (EU) N°236/2012 of the European Parliament and of the Council of 14 March 2012. This Circular 22/798 aims to reflect changes made by Commission Delegated

Following the adoption of the Law of 13 January 2019 establishing a Register of Beneficial Owners (hereinafter the " RBE Law") transposing Article 30 of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the

A fast mover on technological innovation in capital markets, the Luxembourg Stock Exchange (the " LuxSE") has decided to allow security tokens to be registered on its Securities Official List (the " SOL"). For the avoidance of doubt, and in accordance with the current EU regulatory framework

On 31 January 2022, the CSSF published CSSF Circular 22/795 on the application of the ESMA Guidelines on marketing communications (the “ Circular”). The purpose of the Circular is to inform the market of the intention of the CSSF to apply the ESMA Guidelines on marketing communications under the

On 11 November 2021, the Higher Administrative Court ( Cour administrative) issued a judgment on an appeal lodged by a taxpayer against a judgment of the Lower Administrative Court ( Tribunal administratif) that deemed a case lodged before it as inadmissible due to the fact that it was filed by a