Newsflashes

On March 23 rd 2018, Delegated Regulation (EU) 2018/480 (“ Level 2 Regulation”) aimed at supplementing the European Long Term Investment Fund Regulation (“ ELTIF”) (Regulation (EU) 2015/760) (the “ ELTIF Regulation”) was published. Hedging derivatives The Level 2 Regulation sets out the

On March 23 rd 2018 the European Securities and Markets Authority (“ ESMA”) updated its Questions and Answers on the market abuse regulation (“ Q&A”) to amend Question 5.1 on the disclosure of inside information related to Pillar 2 requirements (“ Question 5.1”). In the context of credit

On March 22 nd 2018, the Luxembourg Parliament formally approved the new tax regime for intellectual property (“ IP Regime”) whose content remains in line with the measures proposed in the draft law submitted by the Minister of Finance to the Luxembourg Parliament on August 4 th 2017 (please see our

On March 20 th 2018, a new double tax treaty was signed between Luxembourg and France (hereafter the “ Tax Treaty”), which includes such details as amended notions of permanent establishment, tax residency referring to effective tax liability and introduces a general anti-abuse provision. As a

On March 22 nd 2018, Luxembourg Parliament approved the double tax treaty between Luxembourg and Cyprus (hereafter the “ Tax Treaty”). The Tax Treaty should enter into force on January 1 st 2019, provided that the exchange of the instruments of ratification between Luxembourg and Cyprus take place

On March 23 rd 2018, the European Securities and Markets Authority (“ ESMA”) updated a number of its Q&A regarding the Markets in Financial Instruments Directive (recast) – Directive 2014/65/EU (“ MiFID II”) and Markets in Financial Instruments Regulation – Regulation 600/2014 (“ MiFIR”)