Latest Newsflashes
Jul 05, 2021Podcast | AML legal framework applicable to registered alternative investment fund managers
Evelyn Maher and Christoforos Soteriou lead you through the regulatory environment and update you on recent developments. You can listen also on Spotify or on BSP's YouTube channel. Listen to "Episode 1 - AML legal framework applicable to registered AIFMs" on Spreaker. Listen to "Episode 2 - AML
Jul 05, 2021Securitisation Regulation | Update of ESMA's Q&A
On 28 May 2021, ESMA published updates to its Questions and Answers (the “ Q&A”) relating to Regulation (EU) 2017/2402 of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation (the “
Jul 01, 2021Newsflash | Holding meetings in companies
EXTENSION While the coronavirus pandemic situation continues to have an impact on the sound governance of companies and other legal entities, the Luxembourg legislator decided to extend the possibility for the companies to hold their general meetings and other necessary meetings without physical
Jun 30, 2021Sustainable Finance Insights Series - 13 | The European Commission adopts amended draft delegated acts on the integration of sustainability factors under MiFID II
As elaborated in our BSP Sustainable Finance Insights Series 6, on 8 June 2020, the European Commission published a set of draft delegated acts concerning the integration of sustainability factors under various legislative acts, including the Directive 2014/65/EU on markets in financial instruments
Jun 21, 2021ECJ judgment on scope of VAT exemption for special investment fund management services
Following two preliminary references from Austrian courts, the European Court of Justice (“ ECJ”) ruled in a judgment handed down on 17 June 2021 that certain tax services and the granting of a license for risk-management software may fall within the VAT exemption for the management of special
Jun 21, 2021G7 nations agree to set a global minimum corporate tax rate at 15%
Introduction On 5 June 2021, the G7 had a summit in London during which the Finance Ministers agreed on the implementation of a global corporate minimum tax of 15% (the “ global minimum tax rate”) as detailed in a Communiqué released shortly thereafter (the “ G7 Communiqué”). Although the
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