Newsletters & Newsflashes

On 26 July 2021, the law of 21 July 2021 transposing the directive (UE) 2019/1160 of the European Parliament and of the Council of 20 June 2019 amending Directives 2009/65/EC and 2011/61/EU with regard to cross-border distribution of collective investment undertakings (the “ Directive”) and amending

On the 21 April 2021, the European Commission released a package of measures to help improve the flow of money towards sustainable activities across the European Union, in line with the European Commission Sustainable Finance Action Plan which had already implemented the Taxonomy Regulation, the

An infographic to summarise fiscal deadlines for funds in Luxembourg.

On 10 June 2021, the Commission de Surveillance du Secteur Financier (the “ CSSF”) published an updated version of its Frequently Asked Questions concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment schemes (the “ UCITS FAQ”) and an updated version of

According to Article 37 of Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (“ MMFR”), the manager of a money market fund (“ MMF”) must report certain information to the competent authority of the MMF. On 4 May 2021, the CSSF published a “

On 21 May 2021, the Luxembourg Parliament ( Chambre des Députés) published an amended version of the Draft Law 7737 transposing the directive (UE) 2019/1160 of the European Parliament and of the Council of 20 June 2019 amending Directives 2009/65/EC and 2011/61/EU with regard to cross-border

Evelyn Maher and Christoforos Soteriou lead you through the regulatory environment and update you on recent developments. You can listen also on Spotify or on BSP's YouTube channel. Listen to "Episode 1 - AML legal framework applicable to registered AIFMs" on Spreaker. Listen to "Episode 2 - AML

As elaborated in our BSP Sustainable Finance Insights Series 6, on 8 June 2020, the European Commission published a set of draft delegated acts concerning the integration of sustainability factors under various legislative acts, including the Directive 2014/65/EU on markets in financial instruments

On 28 May 2021, ESMA published an updated version of the Questions & Answers (hereinafter the “ Q&A”) on the implementation of the Regulation (EU) 2016/1011 of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds

Since the publication of our last newsletter in March 2021, the European Securities and Markets Authority (“ ESMA”) has updated its Questions and Answers on Application of the UCITS Directive (the “UCITS Q&A”) and its Questions and Answers on Application of the AIFMD (the “AIFMD Q&A”) (together the

CONTEXT On 15 March 2021, the European Supervisory Authorities (“ ESAs”) published a joint consultation (“ JC”) paper on Taxonomy-related sustainability disclosures on new regulatory technical standards (“ RTS”) regarding content and presentation of sustainability disclosures under Articles 8(4), 9

On 3 March 2021, the European Banking Authority (EBA) issued its third Opinion on the risks of money laundering and terrorist financing affecting the European Union’s Financial Sector (the “ Opinion”). Both the European Securities and Markets Authority (ESMA) and the European Insurance and