Newsflashes

As a reminder, as from January 1 st 2018, all entities advising on or selling a packaged retail and insurance-based investment product ( PRIIP) to retail investors in the European Union are required to deliver a PRIIP compliant KID to their retail investors before any investment. Regarding the

The CSSF’s updated UCITS FAQ and the CSSF press release 18/02 dated January 5 th 2018 relate to the deletion of section 1.4 of the UCITs FAQ which stated that “ Non-UCITS ETFs are eligible investments for UCITS if they effectively comply with all criteria of Articles 2(2) and 41(1)(e) of the Law

The Grand-ducal Regulation of December 21 st 2017 relating to the fees to be levied by the CSSF (the “ New Grand-ducal Regulation”) entered into force as of January 1 st 2018 and has created a number of changes to the fees levied on investment fund vehicles and management companies. In general

The Luxembourg Stock Exchange has revised for the third time in eleven years the X Principles of Corporate Governance (the “ X Principles”), this time to include a new Principle 9 on corporate social responsibility (CSR) and to integrate Principle 6 ( Evaluation of the performance of the Board) in

On April 5 th 2017, the European Parliament approved the Regulation (EU) 2017/1131 of June 14 th 2017 on Money Market Funds (the “ MMF Regulation”). The MMF Regulation enters in effect on July 21 st 2018. On January 15 th 2018 the European Commission, in preparation for the introduction of full

En date du 17 janvier 2018, la Chambre des députés a voté la loi portant sur le bail commercial et modifiant le Code civil, dont le projet avait été déposé en date du 3 septembre 2015 par Monsieur le Ministre de l’Economie. Jusqu’à présent, au Grand-Duché de Luxembourg le bail commercial était