Latest Newsflashes
Jul 09, 2026Foreign Investment Screening I New EU framework: from coordination to harmonisation
Regulation (EU) 2026/1386 of 17 June 2026 on the screening of foreign investments in the Union (the “ Regulation”) restructures the Member States’ framework for the assessment of foreign investments, notably making screening mechanisms mandatory across all Member States, introducing a common minimum
Jul 09, 2026Securitisation | Luxembourg moves to modernise its securitisation framework - again
New draft law proposes broader financing options, active management and cross-compartment flexibility. Luxembourg’s securitisation framework is widely regarded as one of the most versatile in Europe, offering a combination of structural flexibility, investor protection and legal certainty that few
Jul 09, 2026Luxembourg case law | Administrative Court requalifies an excessive property tax rate as an unlawful remunerative charge
The Municipality of Leudelange's property tax multiplier has been annulled as an unlawful remunerative charge with no basis in Luxembourg law. In a decision dated 19 May 2026 (Administrative Court, No. 53928C ), the Luxembourg Administrative Court ( Cour administrative ) held that the exceptional
Jul 09, 2026Luxembourg case law | Higher Administrative Court rules on the exclusion of foreign real estate and related debt from a Luxembourg taxpayer’s net wealth tax base
Facts In a judgment of 21 April 2026 ( No. 52991C ), the Higher Administrative Court ( Cour administrative ) dismissed an appeal brought by a Luxembourg société à responsabilité limitée (the “ Company”) acting through its liquidator. The Company held a 49.95% stake in a Polish entity (the “ Polish
Jul 09, 2026Luxembourg embraces amount B I Accepting OECD transfer pricing outcomes for in-scope distribution activities
Background On 13 April 2026, the Direct Tax Administration ( Administration des contributions directes ) (the " DTA") published Circular L.I.R. No. 56/2 - 56bis/2 (the " Circular"), confirming Luxembourg’s adoption of the OECD’s simplified and streamlined approach to the arm’s length principle for
Jul 09, 2026Cross-Border Fund Marketing | What fund managers need to know about ESMA's latest review?
ESMA flags persistent gaps in cross-border fund marketing compliance ESMA's cross-border fund marketing review confirms that, almost four years after the cross-border distribution of funds regime entered into force, many managers still fall short of regulatory expectations. ESMA has published its