Latest Newsflashes
Dec 06, 2021Sustainable Finance Insights Series - 14 | ESA’s final report on sustainability - related disclosures - 22 October 2021
The final report on sustainability-related disclosures, including taxonomy-related disclosures (the “ Draft RTS”), were published by the European Supervisory Authorities (the "ESAs") on 22 October 2021. The Draft RTS set out amendments to the set of rules and mandatory templates for financial
Nov 25, 2021Newsflash | Holding meetings in companies
PROPOSED EXTENSION As the Covid 19 pandemic situation continues to have an impact on the sound governance of companies and other legal persons, a bill of law has been filed on 24 November 2021 to extend the possibility for companies to hold their general meetings and other necessary meetings without
Nov 08, 2021CSSF Circular 21/785: new notification regime for material IT outsourcing
For more or less ten years, the Luxembourg financial sector has been increasingly looking and using for IT outsourcing solutions essentially due to costs reduction schemes following the latest financial crisis. On 14 October 2021, the Luxembourg financial market authority (the Commission de
Oct 22, 2021Focus | Immigration Overview in Luxembourg
A useful guide on immigration in Luxembourg which gives an overview on the different entries and residence permit requirements. Whether you are a EU citizen, a third country national or a UK national after Brexit, our employment & immigration law experts prepared this practical guide to help you
Oct 21, 2021Newsflash | Tax measures announced in 2022 Draft Budget Law
Tax measures presented in the Draft Budget Bill On 13 October 2021, the Luxembourg Finance Minister presented its 2022 draft Budget Bill (hereinafter the “ Draft Law ”), which includes no major tax reform consistent with the announcement made earlier this year to postpone the tax reform
Oct 12, 2021Amendments to AIFM Regulation and UCITS Directive to integrate sustainability considerations
The proposed sustainability amendments to Directive 2010/43/EU (the “ UCITS Directive”) and to Delegated Regulation (EU) 231/2013 (the “ AIFM Regulation”) integrating sustainability considerations into the organisational, operating and risk management obligations of authorised alternative investment