Latest Newsflashes
Jul 25, 2025Newsflash | Draft Law 8590 | Carried interest tax regime overhaul
On 24 July 2025, Draft Law No 8590 was submitted to the Luxembourg Parliament ( Chambre des Députés ) intending to update and render more attractive the tax regime for carried interest granted to managers of alternative investment funds (“ AIF”). The proposed changes aim at attracting more front
Jul 21, 2025Collective Investment Schemes I IOSCO revised liquidity risk management recommendations and related guidance
The International Organization of Securities Commissions (IOSCO) has published the following final reports on 26 May 2025: Final revised Recommendations for Liquidity Risk Management for Collective Investment Schemes as an update to their earlier 2018 recommendations (the “ Revised Liquidity
Jul 18, 2025ECJ Case law I The General Court confirmed Commission’s review of non-notifiable Luxembourg merger
In its judgment dated 2 July 2025 in case T-289/24 Brasserie Nationale and Munhowen SA vs. Commission, the General Court of the European Union (EU) (the “ Court”) upheld the decision of the European Commission (the “ Commission”) to examine a merger project involving two Luxembourg-based entities
Jul 18, 2025Toward a paperless state: Electronic signatures supporting Luxembourg’s digital transformation
Luxembourg is taking a significant step toward a fully digital government and legal system with three new key legal instruments: the Law of 4 June 2025 on electronic signatures of acts in administrative matters, the Grand-Ducal Regulation of 4 July 2025 regulating the electronic communication of
Jul 18, 2025ESAP & rating ESG | What are the implications of the Draft Law 8567
Background On 27 June 2025, the Luxembourg Parliament introduced Draft Law No. 8567, which aims to transpose and implement a set of recent EU directives and regulations that collectively establish and regulate the European Single Access Point (ESAP) – a centralised digital platform designed to
Jul 18, 2025ECJ Case law I VAT treatment of success fees charged by lawyer
On 8 May 2025, Advocate General Kokott (AG Kokott) handed down her Opinion in the case C-744/23, Т.P.T. v Financial Bulgaria’ EOOD on the Value-Added Tax (VAT) treatment of a contingency fee, paid in the event of a successful legal case. In the case at hand, a one-person law firm provided legal