Newsflashes

On 20 September 2022, the CSSF published an FAQ on Cross Border Distribution of Funds - Guidance on Marketing Communication (the “ FAQ”) which aims to address a number of key aspects of the application of Article 4 of the regulation 2019/1156 of the European Parliament and of the Council of 20 June

On 7 July 2022, the European Court of Justice (“ ECJ”) decided on case C-194/21 c oncerning the adjustment of input VAT deductions within the meaning of Articles 184 and 185 of Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (“ VAT Directive”). Background

On 6 July 2022, the European Commission (the “ Commission”) announced a public consultation on tackling the role of intermediaries (referred to as " Enablers") in facilitating complex tax schemes. The consultation period runs from 6 July through 12 October 2022 and aims at collecting feedback on

In a judgment dated 27 July 2022, the Luxembourg Higher Administrative Court ( Cour administrative) (the “ Court”) handed down a decision concerning hidden dividend distributions. Facts of the case In the case at hand, an individual (the “ Director”) was the shareholder of a foreign company (“

On 12 August 2022, the law of 29 July 2022 entered into force (hereinafter the “ Law”) amending 1) the Code of criminal procedure, 2) the amended law of 8 August 2000 on international judicial assistance in criminal matters, 3) the amended law of 12 November 2004 on the fight against money

Background The Commission Delegated Directive (EU) 2021/1270 amends the Commission Directive 2010/43/EU which implements the UCITS directive, by imposing obligations on UCITS management companies (“ ManCos”) to integrate sustainability considerations into their decision-making and risk management