Latest Newsletters & Newsflashes
Jan 03, 2019MIFID II & MIFIR | Update of ESMA Q&A
Since our last newsletter on the topic, the European Securities and Markets Authority (“ ESMA”) updated a number of its Q&A regarding the Markets in Financial Instruments Directive – Directive 2014/65/EU of 15 May 2014 (“ MiFID II”) and the Markets in Financial Instruments Regulation – Regulation No
Jan 03, 2019The EU Securitisation Regulation
Background Regulation (EU) 2017/2402 of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation (the “ Securitisation Regulation”) establishes a new European legal and regulatory framework for
Jan 01, 2019Eba guidelines on reporting obligations under the PSD 2 in Luxembourg
The CSSF has adopted on December 17 th 2018 the guidelines of the European Banking Authority on the notification of major operational or security incidents (EBA/GL/2017/10) (the “ EBA Guidelines”). CSSF Circular 18/704 (the “ CSSF Circular”) adopting the EBA Guidelines (attached as its Annex 1) is
Jul 12, 2018BSP Newsletter | July 2018
This newsletter is intended as a general discussion of the following topics: AML, Banking & Finance, Capital Markets, Dispute Resolution, Employment, Investment Funds and Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML European
May 23, 2018MIFID II & MIFIR | Update of ESMA and CSSF Q&A
In May and June this year, the European Securities and Markets Authority (“ ESMA”) updated a number of its Q&A regarding the Markets in Financial Instruments Directive (recast) – Directive 2014/65/EU (“ MiFID II”) and Markets in Financial Instruments Regulation – Regulation 600/2014 (“ MiFIR”)
May 16, 2018MIFID II & MIFIR | Application in Luxembourg
On May 15 th 2018 the Luxembourg law transposing Directive 2014/65/EU on markets in financial instruments (“ MiFID II”) and Article 6 of the related Delegated Directive EU 2017/593 and implementing Regulation 600/2014 (“ MiFIR”), was adopted by the Luxembourg Parliament (the “ New Law”). The New Law
Apr 25, 2018BSP Newsletter | April 2018
This newsletter is intended as a general discussion of the following topics: Banking & Finance, Capital Markets, Corporate, Investment Funds and Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Implementation of the 4 th Anti
Mar 26, 2018MIFID II & MIFIR | Update of ESMA Q&A
On March 23 rd 2018, the European Securities and Markets Authority (“ ESMA”) updated a number of its Q&A regarding the Markets in Financial Instruments Directive (recast) – Directive 2014/65/EU (“ MiFID II”) and Markets in Financial Instruments Regulation – Regulation 600/2014 (“ MiFIR”)
Feb 08, 2018BSP Newsletter | February 2018
This newsletter is intended as a general discussion of the following topics: Banking & Finance, Capital Markets, Corporate, Investment Funds and Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Beneficial Ownership Registers |
Jan 10, 2018Transposition of Payment Services Directive 2
Directive (EU) 2015/2366 on payment services (“ PSD2”) entered into force on January 12 th 2016 and should have been transposed by all Member States, including Luxembourg, by January 13 th 2018. PSD2 repeals Directive 2007/64/EC on payment services in the internal market (“ PSD1”) and introduces
Jan 08, 2018MiFID Updates
Since our article on the questions and answers of the European Securities and Markets Authority (“ ESMA”) regarding Markets in Financial Instruments Directive (recast) – Directive 2014/65/EU (“ MiFID II”) and Markets in Financial Instruments Regulation – Regulation 600/2014 (“ MiFIR”) in our May
Jan 02, 2018MIFID II and MIFIR | Application in Luxembourg
On January 3 rd 2018 the majority of the provisions of Directive 2014/65/EU on markets in financial instruments (“ MiFID II”) and Regulation (EU) No. 600/2014 on markets in financial instruments (“ MiFIR”) became applicable. MiFIR (with the exception of Article 37 thereof which shall apply from