Newsflashes

Due to the development of teleworking in the context of the COVID-19 pandemic, the question of taxation and social security affiliation of cross-border workers has been debated. In response to the COVID-19 pandemic, the Luxembourg Government agreed in early 2020 on exceptional and temporary measures

On 31 May 2022, the European Securities and Markets Authority (ESMA) published a supervisory briefing on sustainability risks and disclosures in investment management area ('' Briefing''). The briefing is addressed to EU National Competent Authorities (NCAs). ESMA has developed this supervisory

Purpose and Scope In January 2020, the CSSF published its first Sub-Sector Risk Assessment (“ SSRA”) on money laundering/terrorist financing (“ ML/TF”) risks faced by the collective investment sector. The conclusions drawn in this first assessment were based on quantitative data collected through

In line with the Government’s will to encourage a more equal sharing of family responsibilities between women and men, two draft laws No.8016 and No.8017 have been presented in June before the Luxembourg Parliament ( Chambre des Députés) (together the “ Draft Laws” and each a “ Draft Law”). The

The first cornerstone: the adoption of the Markets in Crypto-assets (“MiCA”) regulation On 30 June 2022, the European Parliament and Council reached a provisional agreement on the MiCA regulation (the " MiCA Regulation"), providing a long-awaited legal framework for crypto-assets. The MiCA

Since we last provided an update on ESMA's Questions and Answers (" Q&As") on Directive 2014/65/EU of 15 May 2014 on markets of financial instruments (" MiFID II") and Regulation (EU) 600/2014 of 15 May 2014 on markets of financial instruments (" MiFIR") in our January 2021 newsletter, the following