Newsflashes

On 24 October 2019, Advocate General (" AG") Hogan published his opinion in the case ‘ GVC Services (Bulgaria)’ EOOD v Direktor na Direktsia Obzhalvane i danachno-osiguritelna praktika – Sofia (Case C-458/18) pending in front of the European Court of Justice (" ECJ") and addressing the entitlement

On 24 December 2019, the CSSF published a communiqué (the " Communication") regarding Regulation (EU) 2016/1011 on indices used as benchmarks (the " Benchmark Regulation") addressed to all entities which are subject to the CSSF’s supervision and which are using benchmarks (the " Concerned Entities")

On 9 December 2019 the European Parliament and the Council adopted two new regulations relating to sustainable finance in the context of the European Union’s aim to strengthen the response to climate change. Regulation (UE) 2019/2088 on sustainability-related disclosures in the financial services

Background On 27 March 2019, the European Parliament adopted a legislative resolution on the proposal for a regulation on European Crowdfunding Service Providers (" ECSP"). Until now, the European Parliament negotiating team and the Council still had some points of discussion. An agreement has

On 16 October 2019, the European Banking Authority (the " EBA") published an opinion on the deadline for the migration to strong customer authentication (the " SCA") under the Directive (EU) 2015/2366 of 25 November 2015 on payment services in the internal market (the "PSD 2") for e-commerce card

On 11 December 2019, the CSSF published press release 19/60 (the " Press Release") reminding that pursuant to press release 19/28 published on 1 July 2019 all SIFs, Part II UCIs and SICARs are obliged to complete an online assessment about the impact of Regulation 1286/2014 on key information