Newsflashes

Draft Law 7774 amends the law of 16 July 2019 implementing the EuVECA, EuSEF, MMF, ELTIF and STS securitization regulations in Luxembourg law (the “ 2016 Law”) in order to implement, on the one hand Regulation (EU) 2019/1238 on a pan-European Personal Pension Product (" PEPP") (hereinafter, "

Submission of AML/CFT Market entry form via eDesk Portal as from 15 February 2021 On 8 February 2021, the CSSF issued a communication on the digitalisation of the AML/CFT Market Entry Form (the “ Form”), which was previously to be submitted pursuant to a dedicated Excel form. As from 15 February

End of transitional period for the marketing of UK UCITS pushed back to 31 July 2021 On 9 February 2021, the Luxembourg Parliament ( Chambre des Députés) adopted the draft law No. 7736 (the “ Draft Law”). The Draft Law amends, inter alia, the law of 17 December 2010 relating to undertakings for

On 3 February 2021, ESMA sent a letter to the European Commission concerning “ Review of the Regulation (EU) 2015/760 on European long term investment funds” (the “ ELTIFs” and the “ ELTIF Regulation” or the “ Regulation”). The letter fits into the context of the impending review of the ELTIF

Context Measures relating to holding of meetings and other legal persons, in the context of the pandemic of the Covid-19, have been initially introduced by the Grand-Ducal Regulation of 20 March 2020. These measures were extended several times; by the law of 20 June 2020, the law of 23 September

Purpose of the amendment The draft law 7791, submitted to the Luxembourg Parliament ( Chambre des Députés) on 16 March 2021 (“ Draft Law”) aims to clarify whether the rules regarding financial assistance contained in the Luxembourg law of 10 August 1915 relating to commercial companies, as amended (