Newsflashes

Since our last newsletter on the topic, ESMA updated a number of its Q&A regarding the Markets in Financial Instruments Directive – Directive 2014/65/EU of 15 May 2014 (“ MiFID II”) and the Markets in Financial Instruments Regulation – Regulation No. 600/2014 of 15 May 2014 (“ MiFIR”) on the

The National Commission for Data Protection (“ Commission nationale pour la protection des données”, or “ CNPD”) recently published a report on the consequences of Brexit in the sphere of international data transfers. This report is intended to guide Luxembourg companies, public bodies and

In our January 2019 Newsletter we reported on a judgment rendered by the Luxembourg court of appeals ( Cour d’Appel) (the “ Court of Appeals”) on May 16 th 2018 (No. 63/18, No. 39827) and published in the Journal des Tribunaux de Luxembourg (issue No. 60) on December 5 th 2018, according to which

On January 17 th 2019 (ruling No. 08/2019, docket No.4067), the Court of Cassation ( Cour de Cassation) ruled that the Luxembourg VAT Authorities ( Administration de l’Enregistrement, des Domaines et de la TVA) could validly continue to notify VAT assessments to a corporate taxpayer’s former

On January 24 th 2019, the Court of Justice of the European Union (the “ ECJ”) published its judgment in the Morgan Stanley case (C-165/17), clarifying the rules governing the right to deduct input VAT incurred by a branch in connection with goods and services used for the purpose of transactions

Pursuant to and in compliance with the AML 4 th Directive amended by the AML 5 th Directive, Luxembourg parliament enacted the law of 13 January 2019, setting-up a register of beneficial owners (“ BOs”) (“ RBO Law”). The RBO Law creates a register of BOs (“ RBE”), which aims to preserve and make