Newsflashes

Strengthening the Luxembourg competition authority The law of 30 November 2022 on competition, as amended by the law of 17 March 2023 (the “ Law”), transposes Directive 2019/1 of 11 December 2018 to empower the competition authorities of the Member States to be more effective enforcers and to ensure

On 24 March 2023, the CSSF followed up on a press release published on 27 July 2022 announcing their intention to launch a data collection exercise related to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the “ SFDR”) and Regulation (EU) 2020/852

On 19 January 2023, the CSSF issued circular 23/829 (the " Circular") on the application of the guidelines on the criteria for the exemption of investment firms from liquidity requirements in accordance with Article 43(4) of Regulation (EU) 2019/2033 (the “ Investment Firms Regulation”). The

The Law of 22 June 2022 on the management and recovery of seized or confiscated assets (the " Law of 2022"), which entered into force on 5 July 2022, aims at completing the transposition of Directive 2014/42/EU of the European Parliament and of the Council of 3 April 2014 on the freezing and

On 20 March 2022, the Luxembourg law (draft law No. 8055) on distributed ledger technology (the " DLT Law") amending (i) the law of 5 April 1993 on the financial sector (the " Financial Sector Law"), (ii) the law of 5 August 2005 on financial collateral law (the " Financial Collateral Law") and (iii

The first Double Tax Treaty (“ DTT”) entered into between Luxembourg and the UK dates back to 1967 and has been amended three times since. As the last formal amendment dates back to 2009 and the last indirect modification took place through the Multilateral Instrument (“ MLI”) in 2019, the tax