Latest Newsflashes
Jul 12, 2019The New Shareholders Law: implementation of the draft law 7402 | General overview
On 10 July 2019 the Luxembourg Parliament (Chambre des Députés) adopted the final text of the draft law No. 7402 (the New Shareholders Rights Law for the purposes of implementing Directive (EU) 2017/828 amending Directive 2007/36/EC as regards the encouragement of long term shareholder participation
Jul 12, 2019BSP Newsletter | July 2019
This newsletter is intended as a general discussion of the following topics: AML, Banking & Finance, Capital Markets, Employment, Investment Funds and Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML CSSF Circular 19/722 -
Jul 11, 2019NEWSFLASH | Law of June 26th 2019 on trade secrets
Trade secrets have for a long time been insufficiently protected and difficult to defend compared to intellectual property rights. It is however an equally important instrument for the protection of technological or non-technological innovations and knowledge in EU companies. It is within this
Jul 11, 2019NEWSFLASH | Directive on the protection of persons reporting on breaches of Union law
The Directive on the protection of persons reporting on breaches of Union law (“ Directive”) was approved by the European Union (“ EU”) Parliament on 16 April 2019. The Directive has not yet been published to the Official Journal of the EU yet. In recent years, whistle-blowers have played a key role
Jul 11, 2019Decision of the ECJ on the adjustment of the VAT deduction in case of sale and lease back (cession bail) agreements
The case concerned Mydibel S.A., a Belgian VAT taxable person, that owned several buildings which it used exclusively for its economic activity and for which it deducted the input VAT paid for its construction in full. In 2009, Mydibel entered into sale and lease-back (cession-bail) agreements with
Jul 11, 2019Draft Law 7349 | Concerning ELTIF, EuVECA and EuSEF and Amending the RAIF Law
Draft Law No 7349 was adopted by the Luxembourg Parliament on 11 July 2019 (the " Law") and implements into domestic law certain provisions of the following regulations: Regulation (EU) N°345/2013 of the European Parliament and of the Council of 17 April 2013 on European venture capital funds (“
Pagination