Newsflashes

On 9 October 2024, Luxembourg’s Finance Minister submitted draft budget law No. 8444 to the Luxembourg Parliament (the “ Draft Budget Law”). The main tax measure is the reduction by fifty percent of the taxable basis for registration and transcription duties applicable to real estate acquisitions

On 11 September 2024 the CSSF updated its “ Guidelines on cross-border marketing notification and de-notification procedures ” (“ Guidelines”) in order to meet its obligations in relation to the reporting of cross-border marketing of AIFs and UCITS. This update is in accordance with Article 13 of

On 14 July 2024 the CSSF updated its FAQ on notification procedures related to Regulation (EU) 2019/1156 on facilitating cross-border distribution of collective investment undertakings (the “ CBDF Regulation”). This update highlights significant changes affecting notifications submitted to the CSSF

New clarifications on capital requirements and notification processes for alternative investment fund managers (“ AIFMs”) provided by ESMA. Initial capital and own funds ESMA has released a new question and answer (“ Q&A”) on the alternative investment fund managers directive (“ AIFMD”). One key

On 4 October 2024, in case C-650/22 Fédération Internationale de Football Association (FIFA) v. BZ, the Court of Justice of the European Union (the “ Court”) ruled on the interpretation of Articles 45 and 101 of the Treaty on the Functioning of the European Union (TFEU), relating to the free

Consolidation of questions and answers on the SFDR On 25 July 2024, the European Banking Authority (“ EBA”), European Securities and Market Authority (“ ESMA”) and the European Insurance and Occupational Pension Authority (“ EIOPA”), published a consolidated questions and answers on the SFDR and