Newsletters & Legal Alerts

This newsletter is intended as a general discussion of the following topics: AML, Banking & Finance, Brexit, Capital Markets, Dispute Resolution, Investment Funds and Tax.

On March 14th 2019, the CSSF published: CSSF Circular 19/712 (the “Fraud Data CSSF Circular”) adopting the guidelines of the European Banking Authority (“EBA”) on reporting requirements for fraud d

Under US law, punitive damages are damages “awarded in addition to actual damages in certain circumstances.

The OECD’s Multilateral Instrument Convention (“MLI”), which was signed in Paris on June 7th 2017, has been adopted by the Luxembourg parliament on February 14th 2019 (draft bill No.

As the exit of the United Kingdom (“UK”) from the European Union (“EU”) will have consequences for the rights of British nationals to reside and access employment in Luxembourg, the Luxembourg Governm

On April 11th 2019, the Luxembourg government published a draft law transposing Directive 2017/1852 on dispute resolution mechanisms in the European Union (hereafter the “Directive”).

The different regimes that are applicable to third-country firms (hereinafter the “TCF(s)”) that wish to provide investment services or perform investment activities together with ancillary investment

On February 22nd 2019, the Luxembourg tax authorities published a Circular (the “Circular”) providing guidelines as to the new rules applicable to permanent establishments (“PE”).

On March 29th 2019 ESMA released an updated version of Questions and Answers on the Application of Alternative Investment Fund Managers Directive.