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BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Jul 11, 2024CSRD I Draft law n°8370: transposing Directive (EU) 2022/2464 on Corporate Sustainability Reporting
Summary Draft Law n° 8370 (the “Draft Law”) was introduced on 29 March 2024 before the Luxembourg Parliament to transpose the Corporate Sustainability Reporting Directive (CSRD) and the Commission Delegated Directive (EU) 2023/2775 into national legislation. This new framework will replace the
Jul 11, 2024Modernisation of the accounting law | Opinion of the Luxembourg Bar
Background As reported in our previous newsletter article , a draft law to modernise the Luxembourg accounting legislation (the “ Draft Law”) was submitted to the Luxembourg Parliament ( Chambre des Députés ) in July 2023. This Draft Law No. 8286 intends to clarify and consolidate general accounting
Jul 11, 2024CSDD I EU takes bold step: new directive mandates corporate accountability for sustainability and human rights
On 5 July 2024, the Directive 2024/2859 on Corporate Sustainability Due Diligence (CSDDD) (the "Directive") was published in the Official Journal of the European Union. This new law requires companies to ensure their activities are sustainable and respect human rights across their entire value chain
Jul 02, 2024Ground-breaking worldwide Artificial Intelligence Act
On 21 May 2024, the Council of Ministers of the European Union (the " Council") unanimously approved a regulation (the " AI Act") harmonising the rules on artificial intelligence (" AI"). The Council’s position concludes a legislative journey which began on 21 April 2021 with the adoption by the
Jan 29, 2024Previously published in Corporate and M&A
New Luxembourg Draft Law on business concentrations Digitalisation of corporate procedures
Jan 25, 2024Recap on the entry into force of the EU Foreign Subsidies Regulation
Introductory note Regulation 2022/2560 on foreign subsidies distorting the internal market was adopted on 23 December 2022 and entered into force on 12 July 2023 (the " Regulation"). Nonetheless, certain of its provisions, relating, in particular, to the involvement of national officials in
Latest Articles & Books
Oct 05, 2022Chambers T&D | Shareholders’ Rights & Shareholder Activism 2022
The Shareholders’ Rights and Shareholder Activism 2022 guide features 15 jurisdictions. The guide provides the latest legal information on voting requirements and the proposal of resolutions, shareholders’ rights to appoint/remove/challenge directors and in the event of liquidation/insolvency
Dec 15, 2021Chambers T&D | Shareholders’ Rights & Shareholder Activism 2021
The Shareholders’ Rights and Shareholder Activism 2021 guide features 16 jurisdictions. The guide provides the latest legal information on voting requirements and the proposal of resolutions, shareholders’ rights to appoint/remove/challenge directors and in the event of liquidation/insolvency
Nov 05, 2021Thomson Reuters Practical Law | Shareholder Activism in Luxembourg
A Q&A guide to the use of shareholder activism in Luxembourg. The Q&A gives a high-level overview of the use and goals of shareholder activism, the regulation of shareholder activism, and the strategies and tools used by shareholder activists. It also considers how shareholder activism may be
Feb 11, 2021Thomson Reuters Practical Law | Shareholders' rights in private and public companies in Luxembourg: overview
A Q&A guide to shareholders' rights in private and public companies law in Luxembourg. The Q&A gives a high-level overview of types of limited companies and shares, general shareholders' rights, general meeting of shareholders (calling a general meeting; voting; shareholders' rights relating to
Jan 29, 2021Paperjam Dossier Digital | Corporate governance without physical meetings
Luxembourg companies were required to adapt quickly to the unprecedented circumstances surrounding the Covid-19 pandemic. In particular, Luxembourg companies were required to hold, almost exclusively, non-physical board and shareholder meetings. We look back on the last months to see how companies
Oct 07, 2020Chambers T&D | Shareholders' Rights & Shareholder Activism 2020
Legal Scope In Luxembourg, commercial companies are governed by the law on commercial companies, dated 10 August 1915, as amended (Law 1915). Only the société anonyme (public liability company) (SA) and the société à responsabilité limitée (private limited liability company) (Sàrl), which are the
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