Latest Newsflashes
Feb 25, 2021Luxembourg Green Exchange | New Climate-Aligned Issuers section
On 25 February 2021, the Luxembourg Stock Exchange (the “ LuxSE”) announced the launch of a brand-new section to the Luxembourg Green Exchange platform, exclusively dedicated to so-called Climate-Aligned Issuers (“ CAIs” and the section dedicated to CAIs, the “ CAIs Section”). For this project, the
Feb 22, 2021CSSF Circular 02/77 | Amendments to notification form
Background On 3 January 2017, the CSSF introduced by means of Press Release 17/01 a notification form to be used for the transmission of NAV calculation errors or non-compliance with investment rules in accordance with Circular CSSF 02/77 on the protection of investors in case of NAV calculation
Feb 08, 2021COVID-19 | Luxembourg Law Updates
This section is intended as a general discussion on the latest topics concerning Covid-19 and the Luxembourg Law. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Annual AML Survey - Deadline Extended BANKING & FINANCE State Guarantee
Feb 08, 2021Newsflash | New terms of leave for family reasons
The Law of 22 January 2021 amending and temporarily derogating from the provisions of Articles L. 234-51, L. 234-52 and L. 234-53 of the Labour Code relating to leave for family reasons was published in the Official Journal ( Mémorial) on 22 January 2021 (hereinafter the “ Law”). Background A law of
Feb 03, 2021Modernisation of the licensing process in the financial and insurance sectors
Background In a move aimed at simplifying the administrative burden in the financial and insurance sectors, the Luxembourg Minister of Finance filed draft law No. 7761 (the “ Draft Law”) with the Luxembourg Parliament ( Chambre des Députés) on 2 February 2021. The Draft Law, if adopted, will
Feb 02, 2021Newsflash | In Luxembourg, first court decisions on COVID-19: rents for commercial leases are suspended during periods of forced closure
Commercial leases are among the contracts that are the subject of numerous disputes because of the economic situation generated by COVID-19. At the beginning of the health crisis, a draft law was considered, to temporarily suspend the obligation to pay rents related to commercial leases. However
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