Newsflashes

CONTEXT The Luxembourg Business Registers ( LBR) announced on 18 March 2020 that because of the exceptional circumstances linked to the ongoing COVID-19 pandemic, the client desks of LBR Luxembourg and Diekirch are temporarily closed to the public until 31 March 2020; however, online services

CONTEXT The European Securities and Markets Authority (" ESMA") has considered that because of the exceptional circumstances linked to the ongoing COVID-19 pandemic, it was important to lower the reporting threshold as a precautionary action aimed at allowing authorities to monitor developments in

CONTEXT While the coronavirus epidemic is also having an impact on the good governance of companies and other legal persons, the Luxembourg Government decided to enact the Grand-Ducal Regulation dated 20 March 2020 introducing measures concerning the holding of meetings in companies and other legal

[Updated on 29/06/2020] In response to the COVID-19 crisis, on 17 March 2020, the Luxembourg Government has declared the “state of emergency” for Luxembourg and announced several tax measures for legal entities and individuals. The main objective of these measures is to alleviate the financing and

On 17 March 2020, the CSSF published a circular-letter (the “ Letter”) relating to the annual online survey for the year 2019 collecting information concerning money laundering and terrorist financing risks to which the professionals under supervision are exposed (the “ Survey”). The Survey has been

On 10 March 2020, CSSF issued updated Frequently Asked Questions concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment. The update concerns disclosure of the performance fee, the investment manager’s fee and the investment advisor’s fee to investors of