Newsflashes

On 21 July 2021, the law transposing Directive (UE) 2019/1160 with regard to cross-border distribution of collective investment undertakings (the “ CBD”) and amending: the law of 17 December 2010 regarding undertakings for collective investment (the “ UCI Law”) and the law of 12 July 2013 related to

Modernisation of the licensing process in the financial and insurance sectors On 26 July 2021, the Luxembourg law of 21 July 2021 which empowers the CSSF or the Commissariat aux Assurances, as applicable, to grant or withdraw a licence to a regulated entity, instead of the Minister of Finance, was

On 31 August 2021, the Commission de Surveillance du Secteur Financier (the “ CSSF”) published a communication update in relation to the requirement to submit liquidation extension request for funds in non-judicial liquidation (the “ Communication”), whereby it informs the market that, effective

The LBR has recently issued a public notice specifying new rules relating to the filing process of documents with the Luxembourg Trade and Companies Register (the “ RCS”). These new rules aim to enhance digitalisation, thereby easing the document-filing process with the RCS. The new procedure will

Since our last newsletter, ESMA has twice updated its Questions and Answers (" Q&As") relating to Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated

On 17 August 2021, the Commission de Surveillance du Secteur Financier (the “ CSSF”) published an updated version of its Frequently Asked Questions concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment schemes (the “ UCITS FAQ”) in order to add a new