Newsflashes

The Law of May 15 th, 2018 [1] (hereinafter: “ the Law”) modifies the New Code of Civil Procedure in order to implement in Luxembourg Regulation (EU) 2015/2421 of 16 December 2015 amending Regulation (EC) No. 861/2007 establishing a European Small Claims Procedure and Regulation (EC) No. 1896/2006

In May and June this year, 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”)

On May 18 th 2018, the Banque Centrale du Luxembourg (“ BCL”) released Circular BCL 2018/241 on new statistical data collection for non-regulated alternative investment funds (the “ Circular”). The purpose of the Circular is to inform non-regulated alternative investment funds of their reporting

On May 15 th 2018 the Luxembourg law transposing Directive 2014/65/EU on markets in financial instruments (“ MiFID II”) and Article 6 of the related Delegated Directive EU 2017/593 and implementing Regulation 600/2014 (“ MiFIR”), was adopted by the Luxembourg Parliament (the “ New Law”). The New Law

On March 8 th 2018, the European Commission released a new proposal for a European Regulation on European Crowdfunding Service Providers (“ CSP”) for Business (the “ Proposal”). The Proposal has come about due to the current lack of consistency across the European Union in the treatment of CSPs, and

The “omnibus” law of April 8 th 2018, effective since April 15 th 2018 (hereinafter the “ Law”), amends many provisions of the Labour Code in order to strengthen the protection of employees. The main changes are as follows: Full maintenance of salary in case of incapacity for work due to illness