Newsletters & Newsflashes

On 19 March 2026, the Court of Justice of the European Union delivered a landmark judgment reshaping the boundaries of the GDPR right of access. In a decision of practical importance, the Court clarifies when access requests may be abusive, when compensation arises and what qualifies as non-material

The EU Inc. is here: a digital-first, pan-European company form under the proposed 28th Regime, designed to cut cross-border red tape for innovative firms. Following the closing of the public consultation conducted in 2025, on 18 March 2026 the European Commission (the Commission) presented its

In a judgment dated 25 March 2026, the Luxembourg Lower Administrative Court ( Tribunal administratif) ruled that distributions from a share premium reserve, undertaken in the absence of a formal share capital reduction, are prima facie subject to Luxembourg withholding tax (“ WHT”) and do not

No minimum capital, digital share registers, and a harmonised stock option regime: the EU Inc. rewrites the rulebook for European companies . The proposal for a Regulation establishing a 28th Regime corporate legal framework, providing for the creation of a new corporate form, the “EU Inc.” (the “

The 2025 update to the OECD Model Tax Convention , published in November 2025, is the first comprehensive revision since 2017. The update notably provides clarification to the Commentary of Article 5 on when a home office of a cross-border worker may constitute a permanent establishment. Why this

The Luxembourg Stock Exchange (" LuxSE") March 2026 update to its Rules & Regulations (the "R&R") introduces two key changes. First, securities listed on the Euro MTF Specialist Securities Segment (" EM3S") may now be admitted to listing before being recorded in a central securities depository ("

On 18 February 2026, ESMA published a public statement providing guidance to national competent authorities (" NCAs"), issuers and their advisers on the implementation of certain changes to the Prospectus Regulation (EU) 2017/1129 (the " Prospectus Regulation" or " PR"), as amended by Regulation (EU

On 11 February 2026, the Lower Administrative Tribunal ( Tribunal administratif ) ruled in favour of a taxpayer-lawyer, holding that his 100% shareholding in a UK company did not form part of the net assets ( actif net investi ) of his law firm, and that the dividends received therefore qualified as

Two recent developments under the Market Abuse Regulation (Regulation (EU) No 596/2014) (" MAR") deserve attention. First, on 27 February 2026, ESMA published a report (the " Report") proposing amendments to Commission Delegated Regulation (EU) 2016/1052 (the " Buy-Back Delegated Regulation")

Background The European Commission has launched the Tax Omnibus initiative (the “ Initiative” or “ Tax Omnibus”) to simplify and modernise corporate direct taxation across the EU. The aim is to reduce administrative burdens, clarify rules, and increase the competitiveness of the internal market. The

On 16 February 2026, ESMA published Q&A 2775 under the Transparency Directive (Directive 2004/109/EC) and its Guidelines on Alternative Performance Measures (the " APM Guidelines"). The Q&A addresses the interaction of the APM Guidelines and IFRS 18 Presentation and Disclosure in Financial