Newsflashes

On 8 February 2023, a draft law No. 8149 (the “ Draft Law”) with the purposes of reviving the Luxembourg real estate market has been submitted to the Luxembourg Parliament ( Chambre des Députés). The Draft Law proposes the creation of an advantageous and time-limited tax climate, with the objective

On 28 February 2023, following a preliminary ruling requested by the UK First-tier Tribunal (Tax Chamber), the European Court of Justice (“ ECJ”) decided on case C-695/20 concerning the applicability of Article 9 bis of the regulation No. 282/2011 of 15 March 2011 laying down implementing measures

On 3 February 2023, the Luxembourg government submitted to the Luxembourg Parliament ( Chambre des Députés) draft law No. 8159, aiming at ratifying the recent amendment to the Double Tax Treaty between Luxembourg and France (the “DTT”) on remote workdays, as agreed and signed on 7 November 2022 in

On 20 March 2023, 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

On 13 March 2023, the CSSF updated the FAQ on SFDR by adding three additional questions and answers. Use of the environmental, social, and governance (“ESG”) and/or sustainability related terminology in fund names: are there any ESG and/or sustainability related considerations that financial market

On 20 March 2022, Regulation (EU) 2023/606 of 15 March 2023 amending Regulation (EU) 2015/760 as regards the requirements pertaining to the investment policies and operating conditions of European long-term investment funds (“ ELTIF”) and the scope of eligible investment assets, the portfolio