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In a case involving a Luxembourg law firm which had been ordered by the Luxembourg Tax Authorities to disclose all documentation relating to advice given to a client for the purpose of an exchange of information upon request with the tax authority of another EU Member State, the Luxembourg Higher

On 21 May 2024, the Council of Ministers of the European Union (the " Council") unanimously approved a regulation (the " AI Act") harmonising the rules on artificial intelligence (" AI"). The Council’s position concludes a legislative journey which began on 21 April 2021 with the adoption by the

Entry into force of MiCAR On 29 June 2023, the amended Regulation (EU) 2023/1114 of 31 May 2023 on markets in crypto-assets (“ MiCAR ”), entered into force, establishing a harmonised framework for the offer to the public and admission to trading on a trading platform: of asset-referenced tokens (“

Harmonised criteria for ESG and sustainability terms in fund names The European Securities and Markets Authority (“ ESMA”) has published the final report on fund names guidelines. The aim is to prevent “greenwashing” by ensuring that environmental, social and governmental (“ ESG”) criteria and

T he European Securities and Markets Authority (“ ESMA”) responded to the European Commission's (" EC") request for amendments to the European long-term investment fund (“ ELTIF”) regulatory technical standards (“ RTS”). Background Since the introduction of ELTIFs in 2015, their adoption in the EU

The law of 4 June 2024 amending the law of 29 August 2008 on the free movement of persons and immigration (the « Immigration Law ») was published in the Official Journal on 27 June 2024 (the “ Law”). The Law entered into force on 1 July 2024. The Law transposes into national law Directive (EU) 2021