Latest Newsflashes
Mar 12, 2020NEWSFLASH | COVID-19: managing the risk of contamination in the workplace
While the World Health Organisation has just declared the COVID-19 epidemic a “pandemic”, with the virus having reached nearly 130,000 people since December 2019, managing the risk of the virus spreading in the workplace has become a major issue for every employer. Following the announcement of
Mar 02, 2020Updated Requirements for Luxembourg UCITS marketed in Hong Kong
Background The Securities and Futures Commission of Hong Kong (the “ SFC”) and the Commission de Surveillance du Secteur Financier (the “ CSSF”) signed on 15 January 2019 a Memorandum of Understanding concerning Mutual Recognition of Covered Funds (“ MRF”) between both countries. In relation to MRF
Feb 25, 2020BREXIT | CSSF Press Release on Brexit Notifications
On 31 January 2020, the CSSF published press release 20/03 in the context of Brexit (the “ Press Release”). It refers to the CSSF’s press releases issued in 2019 on Brexit as well as the Luxembourg Laws of 8 April 2019 published in the context of the United Kingdom leaving the European Union without
Feb 24, 2020Prospectus Regulation | ESMA Updates
On 18 February 2020, ESMA updated its Q&As in relation to Regulation (EU) 2017/1129 of 14 June 2017 on the prospectus to be published when securities are offered to the pubic or admitted to trading on a regulated market (the “ Prospectus Regulation”) with two new Q&As clarifying the permitted length
Feb 14, 2020Sustainable Finance Insights Series - 3 | ESMA - Strategy on Sustainable Finance
On 6 February 2020 the European Securities and Markets Authority (ESMA) published its strategy on sustainable finance (the " Sustainable Strategy"). Its aim is to explain methods in which ESMA will include sustainability at the core of its activities by embedding Environmental, Social, and
Feb 11, 2020French CSG/CRDS Contributions Deductible as Special Expenses
On 22 January 2020, the Luxembourg lower administrative court ( Tribunal administratif) handed down a judgment on the deductibility of French CSG/CRDS contributions ( Contribution Sociale Généralisée/ Contribution pour le Remboursement de la Dette Sociale) as special expenses related to employment
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