Newsflashes

As indicated in a previous newsflash, the Grand Ducal Regulation dated December 5 th 2017 (the GDRL) coordinating the amended law dated August 10 th 1915 on commercial companies (the Company Law) came into force on December 19 th 2017 completely modifying the numbering of the Company Law. The

On January 23 rd 2018 the CSSF published CSSF Circular 18/679 which amends CSSF Circular 08/337 (the “ CSSF Transparency Circular”) regarding the Luxembourg Law of January 11 th 2008 and the Grand-ducal Regulation of January 11 th 2008 on transparency obligations of issuers (as amended). There were

The CSSF has published Press Release 17/43 (the “ Press Release”) for the attention of issuers of securities subject to the Law of January 11 th 2008 on transparency requirements for issuers of securities, as amended. The CSSF wishes to highlight to those issuers and auditors preparing and auditing

A new EU securitisation framework came into being on January 17 th 2018 with the entry into force of the following Regulations: Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation (the

Directive (EU) 2015/2366 on payment services (“ PSD2”) entered into force on January 12 th 2016 and should have been transposed by all Member States, including Luxembourg, by January 13 th 2018. PSD2 repeals Directive 2007/64/EC on payment services in the internal market (“ PSD1”) and introduces

The Luxembourg Stock Exchange (“ LxSE”) has published Edition 01/2018 of the Rules and Regulations of the LxSE (the “ R&Rs”) which replaces version 07/2016 that entered into force on January 1 st 2016. The LxSE has also, very helpfully, published questions and answers regarding the amendments to the