Newsflashes

CONTEXT While the coronavirus pandemic situation continues to have an impact on the sound governance of companies and other legal entities, the bill of law 7673 (the Bill) suggested the extension of the measures enabling the companies and legal entities listed therein to hold their general meetings

On 15 July 2020, ESMA published its final report on guidelines on disclosure requirements (the “ Guidelines”) under Regulation (EU) 2017/1129 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 (the “ Prospectus

On 7 August 2020, the CSSF issued 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 Law” and the “ FAQ”). With this update (the ninth) CSSF introduces a new FAQ (1.13 FAQ)

Introduction: At this is stage, it is unquestionable that the Luxembourg law of 10 July 2020 on professional payment guarantees (the “ PPG Law”) is one of the main ground-breaking innovations in Luxembourg financial law over the last decade. In our last newsletter edition , published on 1 July 2020

Regulations amending CSSF Regulation 12-02 of 14 December 2012 and Grand Ducal Regulation of 1 February 2010 on the fight against money laundering and terrorist financing CSSF Regulation 20-05 of 14 August 2020 (“ CSSF Regulation”) amending CSSF Regulation No 12-02 of 14 December 2012 on the fight

On 9 July 2020, the CSSF published Circular CSSF 20/746 (repealing Circular CSSF 20/738 of 6 March 2020) updating all professionals under the supervision of the CSSF on the recent statements made by the Financial Action Task Force (“ FATF”) on jurisdictions identified with strategic deficiencies in