Aug 28, 2018
AIFMD | Updated CSSF FAQ
The CSSF’s frequently asked questions (“FAQ”) on AIFMs was updated on August 14th 2018 with an additional question 23.b) in the section Impact of the PRIIPs Regulation. The question
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Aug 28, 2018
AIFMD | Updated CSSF FAQ
The CSSF’s frequently asked questions (“FAQ”) on AIFMs was updated on August 14th 2018 with an additional question 23.b) in the section Impact of the PRIIPs Regulation. The question
Aug 22, 2018
NEWSFLASH | New rules applicable to the supervision of employees
The Law of 1 August, 2018 establishing the national commission for data protection and the general scheme on data protection[1] (hereinafter “the Law”), implements the general data protection regulati
Aug 22, 2018
NEWSFLASH | Draft Law on the Time-Saving Account
On June 25th 2018 the Chamber of Deputies of the Grand-Duchy of Luxembourg issued a draft law 7324 (the “Draft Law”) implementing a time-saving account.
Aug 21, 2018
Benchmarks Regulation | Updated ESMA Q&A
The European Securities and Markets Authority (“ESMA”) has recently updated its Q&A on Regulation (EU) No.
Aug 06, 2018
Application of the UCITS Directive | Updated ESMA Q&A
The ESMA Q&A on the application of the UCITS Directive was updated on July 23rd 2018 with four new questions and answers, one of them being a new section X on Depositary. Issuer concentratio
Jul 31, 2018
OECD Publishes Discussion Draft on Intra-Group Financial Transactions
On July 3rd 2018, the Organisation for Economic Co-operation and Development (“OECD”) published a discussion draft that aims to provide extensive guidance on how tax authorities and Multin
Jul 12, 2018
German Constitutional Court Decision on Unitary Values
On April 10th 2018 the German Constitutional Court (hereafter “GCC”) ruled that the assessment of property tax in the “old West German states” of Germany, based on unitary valu
Jul 12, 2018
Depositary Safe-Keeping Rules | Proposals for Amendment
On May 29th 2018, the European Commission published two draft delegated regulations which contain proposals to amend certain rules relating to the safe-keeping duties of depositaries under the alterna
Jul 12, 2018
BSP 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