Newsflashes

In our January 2020 newsletter, we stated that the following technical standards referred to under Article 7(3) and (4) of 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

On 20 May 2020, ESMA issued a public statement to address the implications of the COVID-19 outbreak on the half-year financial reports, which must be prepared and published by issuers (the “ Statement”). In the Statement, ESMA highlights the importance of issuers including in their reports up-to

In its judgment of 14 July 2020, the Luxembourg Higher Administrative Court ( Cour Administrative) assessed whether the subscription of bonds by a Luxembourg family wealth management company, a société de gestion de patrimoine familial (" SPF") and the deduction of interest at the level of the

On 3 July 2020, the CSSF published Circular 20/744 (“ Circular 20/744”) complementing Circular 17/650 on application of the Law of 12 November 2004 on the fight against money laundering and terrorist financing and Grand-ducal Regulation of 1 February 2010 providing details on certain provisions of

Purpose of the bill Setting out a special regime of civil liability for damages in connection with a nuclear incident. Providing for a specific legal framework for restitution and compensation in the event of a nuclear incident causing damages on the territory of the Grand Duchy of Luxembourg, which

Since our last newsletter, ESMA has updated its Q&A on the Market in Financial Instruments Directive 2014/65/EU of 15 May 2014 (“ MiFID II”) and on the Markets in Financial Instruments Regulation 600/2014 of 15 May 2014 (“ MiFIR”), on the following topics: Q&A on MiFID II Investor Protection and