This newsletter is intended as a general discussion of the following topics: AML Compliance, Banking & Financial Services, Capital Markets, Investment Management, Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us.
AML
Banking & Financial Services; Capital Markets
Updated ESMA Q&As on Securitisation and ESMA Guidelines on Securitisation Repositories
New Luxembourg Draft Law transposing IFD and IFR
New CSSF Submission Form for filing Final Terms
ESMA updated Q&As for Prospectus and Transparency Rules linked to Brexit
CSSF Press Release on UK Equivalency under MiFIR and ESMA Reminder regarding Reverse Solicitation
ESMA updated Q&As ON MiFID II and MiFIR Investor Protection and Intermediaries Topics
European Single Electronic Format
Investment Management
Liquidity and Valuation Shocks | ESMA Report on the Preparedness of Investment Funds
BREXIT | Deadline for Marketing of UK UCITS in Luxembourg
SFDR | CSSF Communication and Fast Track Procedure
New eDesk Module for Submission of Information | CSSF Communication
Investor Compensation Scheme Luxembourg | CSSF FAQ
Performance Fee Guidelines | Entry into Effect
CSSF updates UCITS and AIFMD FAQs
Tax
Guidance on the Non-Application of the Parent-Subsidiary Directive to Gibraltar Companies
Luxembourg Lower Administrative Court annuls Exchange of Information Injunction
Teleworking for Belgian, French and German Cross-Border Workers once again extended
Judgement of the ECJ on the Right of Adjustment in Case of Unduly Paid VAT
Circular issued by the Luxembourg Tax Authorities on the Interest Deduction Limitation Rule
Lower Administrative Court: Excess of Power by the Tax Authorities in the Panama Paper Investigations
Higher Administrative Court Judgement on the Treatment of Revaluation Reserves
Update of Double Tax Treaties