Newsflashes

In order to prevent and raise awareness among reserved alternative investment funds (“ RAIFs”) which are subject to the law on the fight against money laundering and terrorist financing of 12 November 2004 (the “ AML/CFT Law”), the Luxembourg Registration Duties, Estates and VAT Authority (

On 22 July 2022, the Luxembourg financial sector supervisory authority (the " CSSF") published CSSF Regulation 22-04 amending CSSF Regulation 20-02 on the equivalence of certain third countries with respect to supervision and authorisation rules for the purpose of providing investment services or

On 3 June 2022, following a preliminary ruling requested by the Hungarian Supreme Court ( Kúria), the European Court of Justice (“ ECJ”) decided on case C-188/21 concerning the proportionality of a national measure denying a taxable person’s right to input VAT deduction. More specifically, the main

On 23 September 2022, ESMA updated its Questions and Answers (" Q&As") in relation to Regulation (EU) 2020/1503 of 7 October 2020 on European crowdfunding service providers for business (“the Crowdfunding Regulation”) . In this latest update, ESMA clarifies in the "general provisions" section of the

New implementing regulation on insider lists On 14 July 2022 and having regard to Regulation (EU) 596/2014 on market abuse (" MAR"), the Commission Implementing Regulation (EU) 2022/1210 of 13 July 2022 laying down implementing of technical standards for the application of MAR with regard to the

On 1 August 2022, the European Court of Justice (“ ECJ”) ruled in its case C-294/21 that Luxembourg and Germany are obliged to levy VAT on passenger transport services which take place on a section of the Moselle river which constitutes a common territory under the joint sovereignty of both Member