Latest Newsflashes
Feb 02, 2021Newsflash | Premières prises de position des tribunaux luxembourgeois au sujet du COVID-19 : les loyers des baux commerciaux ne sont pas dûs pendant la fermeture obligatoire des lieux loués
Parmi les contrats qui font l’objet de nombreuses controverses à cause de la situation notamment économique générée par le COVID-19, il y a les baux commerciaux. Au début de la crise sanitaire, une proposition de loi avait été déposée afin de suspendre l’obligation de paiement des loyers relatifs
Feb 01, 2021ESMA updated its Q&As for the prospectus regulation
On 28 January 2021, ESMA 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 market (“ Prospectus
Jan 29, 2021Sustainable Finance Insights Series - 9 | Reduced subscription tax for UCIs investing in sustainable activities
With effect from 1 st January 2021, the Law of 19 December 2020 (the “2021 Budget Law”) (please see our BSP October Newsflash ), introduced a reduced subscription tax ( taxe d’abonnement ) that will apply to Undertakings for Collective Investment (“UCIs”) investing in sustainable activities as
Jan 25, 2021Newsflash | New Luxembourg Law allows issuance of dematerialised securities using distributed ledger technology (DLT)
A further step towards integration of DLT in the Luxembourg capital markets sphere On 21 January 2021, the Luxembourg Parliament adopted draft law 7637 aiming at modernising the law of 6 April 2013 on dematerialised securities (the “ 2013 Law”) by expressly recognising the possibility of using
Jan 21, 2021European Single Electronic Format
WHEREAS The Luxembourg law of 11 January 2008 on transparency requirements for issuers (Transparency Law), supplemented by the Grand-Ducal Regulation of 11 January 2008 on transparency requirements for issuers (Transparency Regulation), applies to issuers for which Luxembourg is the home Member
Jan 21, 2021Update of Double Tax Treaties
Protocol to the Luxembourg-Russia double tax treaty The Protocol amending the double tax treaty between the Grand Duchy of Luxembourg and the Russian Federation (hereafter the “ Protocol”) has been signed on 6 November 2020 and the ratification law was submitted on 27 November 2020 to the Luxembourg
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