Newsflashes

Article 30 of the Directive (EU) 2015/849 of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (the “ AML 4 th Directive”), which requires corporate and other legal entities incorporated within an EU Member State to obtain

The Luxembourg Stock Exchange now offers issuers the possibility to admit their securities to trading on a professional segment (each a “ Professional Segment”) of each of its two markets, the BdL market (the EU-regulated market) and the Euro MTF market (Exchange-regulated market). Trading on these

The Draft Law No. 7278 introducing the VAT group regime in Luxembourg (please refer to our newsletter dated June 2018 for more details) was adopted without any substantial changes on August 6 th 2018 with retroactive effect as of July 31 st 2018. The concept of normal value ( valeur normale)

On December 18 th 2018, the Luxembourg Parliament ( Chambre des Députés) passed Draft Law No. 7318 which transposes into domestic law the Anti-Avoidance Tax Directive (“ ATAD”). The law was adopted without any substantial amendments to the draft version we previously covered (please refer to our

Background Regulation (EU) 2017/2402 of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation (the “ Securitisation Regulation”) establishes a new European legal and regulatory framework for

Since our last newsletter on the topic, the European Securities and Markets Authority (“ 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