Newsflashes

On December 20 th 2017, the Court of Justice of the European Union (“ ECJ”) rendered its judgment in the joined cases of Deister Holding AG (Case C-504/16) and Juhler Holding A/S (Case C-613/16) v. Federal Central Tax Office of Germany ( Bundeszentralamt für Steuern) concerning the refusal to exempt

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to the fees to be levied by the CSSF (the “ New Grand-ducal Regulation”) entered into force on January 1 st 2018 and repealed the Grand-ducal Regulation of October 28 th 2013. The New Grand-ducal Regulation (in the same way as its

Context As you may know from a previous newsflash on the subject dated October 16 th 2017, a draft Grand Ducal Regulation aimed at consolidating the Luxembourg law of August 10 th 1915 on commercial companies, as amended from time to time (the 1915 Law) was filed. What happened? On December 15 th

On December 12 th 2017 the European Supervisory Authorities (“ ESAs”) published draft regulatory technical standards amending Regulation (EU) 2016/2251 supplementing Regulation (EU) No. 648/2012 (“ EMIR”) with regard to regulatory technical standards on risk-mitigation techniques for OTC derivative

Since our last newsletter, the European Securities and Markets Authority (“ ESMA”) has twice updated its Questions and Answers (“ Q&A”) on Regulation (EU) 596/2014 of April 16 th 2014 on market abuse (the “ Market Abuse Regulation”), firstly to include two new questions and answers in Section 7 on

The Luxembourg Parliament published two new draft laws (No. 7216 and No. 7217) on December 6 th 2017, in order to implement provisions of Directive EU 2015/849 on the prevention and use of the financial system for the purposes of money laundering and terrorist financing (the “ 4 th AML Directive”)