Newsflashes

On 22 June 2020, the European Union published the Regulation of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment, and amending Regulation 2019/2088 (the “ Disclosure Regulation”) on sustainability-related disclosures in the financial

On 22 June 2020 Regulation (EU)2020/852 of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment, and amending Regulation 2019/2088 on sustainability-related disclosures in the financial services sector (the "Taxonomy Regulation") has

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