Newsflashes

The law of 1 March 2019, amending the law of 25 November 2014, providing for the procedure applicable to the exchange of information upon request in tax matters, has been voted on February 14 th 2019 by the Luxembourg parliament and published on March 5 th 2019 (hereinafter the “ 2019 Law”). The

On March 5 th 2019, the Luxembourg Minister of Finance submitted to the Parliament the draft 2019 budget law (the " Budget"), which is expected to be approved by the end of April. The Budget includes not only individual tax measures with the aim of strengthening social cohesion and increasing the

Comme annoncé dans une précédente lettre d’information datée du 25 septembre 2018 , le législateur luxembourgeois travaillait sur un projet de loi ( PL 7363) visant à moderniser la loi du 1 er août 2001 (la Loi de 2001) concernant la circulation des titres et autres instruments financiers qui avait

The law on 1 st March 2019 (the “ Law”) amending the Luxembourg law of August 1 st 2001 on the circulation of securities (the “ 2001 Law”) was published on March 5 th 2019, marking a further significant step in the modernisation of the legal framework governing the Luxembourg financial sector. The

On February 28 th 2019, the Grand Chamber of the Court of Justice of the European Union (“ ECJ” or “ the Court”) handed down a set of two judgments on the meaning of beneficial owner and abuse of rights under EU law. In six cases (Joined cases C-115/16, N Luxembourg 1, C-118/16 X Denmark, C-119/16 C

On February 1 st 2019, ESMA issued a press release regarding Memoranda of Understanding (the “ Memoranda”) it has entered into with EU/EEA securities regulators and the FCA. In case the United Kingdom leaves the European Union without a withdrawal agreement, the Memoranda will allow continuing