Latest Newsflashes
May 27, 2025Q&As on PRIIPs KID I Joint Committee of ESAs updates: May 2025
On 5 May 2025, the Joint Committee of the European Supervisory Authorities ( ESAs) (that is, the EBA, EIOPA and ESMA) published an updated version of its Q&As (JC 2023 22) on the Regulation on key information document ( KID) requirements for packaged retail and insurance-based investment products
May 21, 2025ECJ Case law | No to investors purchasing a Member State’s citizenship
In a landmark judgment adopted on 29 April 2025 in case C-181/23 Commission vs. Malta, the Grand Chamber of the Court of Justice (the “ Court”) of the European Union (EU) found that, by amending its citizenship legislation to facilitate the acquisition of the Maltese citizenship by wealthy
May 06, 2025UCI Administrator | FAQ Circular CSSF 22/811 update
The CSSF published on 17 April 2025 a 4 th version of the FAQ in order to add a question 6.1. The question raised relates to the notion of “central administration” within the meaning of the 2010 Law, the 2007 Law and the 2004 Law and whether it is identical to the notion of “UCI administration”
Apr 24, 2025Newsflash | Landmark decision on qualification of financial instruments & non-recognition of a foreign permanent establishment
On 17 April 2025, the Luxembourg Higher Administrative Court ( Cour administrative), delivered its long awaited decision on case n° 50.602C pertaining to the qualification of interest free loans under Luxembourg tax law and the existence of a permanent establishment in a treaty jurisdiction. With
Apr 16, 2025DORA | Various Recent Developments
Since the Digital Operational Resilience Act ( Regulation (EU) 2022/2554) (" DORA") entered into force on 17 January 2025, the European Supervisory Authorities, being ESMA, EIOPA and EBA, (the " ESAs") and the relevant national competent authorities of the EU Member States have been actively working
Apr 16, 2025ECJ case law - Landmark │Asymmetric Jurisdiction Clause
On 27 February 2025, the Court of Justice of the European Union (“ CJEU”) ruled on the interpretation of Article 25(1) of the Regulation (EU) No 1215/2012 of the European Parliament and of the Council of 12 December 2012 on the jurisdiction and the recognition and enforcement of judgments in civil
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