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Jul 11, 2019
Draft Law 7349 | Concerning ELTIF, EuVECA and EuSEF and Amending the RAIF Law
Draft Law No 7349 was adopted by the Luxembourg Parliament on 11 July 2019 (the "Law") and implements into domestic law certain provisions of the following regulations: Regulation (EU) N°3
Jul 11, 2019
Decision of the ECJ on the adjustment of the VAT deduction in case of sale and lease back (cession bail) agreements
The case concerned Mydibel S.A., a Belgian VAT taxable person, that owned several buildings which it used exclusively for its economic activity and for which it deducted the input VAT paid for its con
Jul 04, 2019
New Luxembourg Prospectus Law
On 2 July 2019, the Luxembourg Parliament (Chambre des Députés) adopted the final text of the draft law No.7328 on prospectuses (the “New Prospectus Law”) for the purposes of implementing Regulation (
Jul 04, 2019
CSSF Circular 19/722 – Declarations of FATF
On July 1, 2019 the CSSF published Circular 19/722 relating to recent declarations of the Financial Action Task Force (“FATF”). Jurisdictions with substantial and strategic deficiencie
Jul 02, 2019
CSSF Circulars 19/721 and 19/725 on Dematerialisation of Requests to the CSSF
On 1 July 2019, the CSSF published Circular 19/721 (the "Circular") regarding dematerialisation of requests to the CSSF.
Jul 01, 2019
ILO Violence and Harassment Convention, 2019 (No. 190)
On 21 June 2019, the International Labour Organization (“ILO”) adopted Convention No.190 concerning the elimination of violence and harassment in the world of work (hereafter the “Convention”) and the
Jun 28, 2019
ESMA Questionnaire on Undue Short-Termism
On 24 June 2019, the European Securities and Markets Authority (“ESMA”) published a questionnaire, which aims at collecting evidence about what aspects of the financial sector could cause short-term p
Jun 28, 2019
Directive on the protection of persons reporting on breaches of EU Law
The directive on the protection of persons reporting on breaches of EU law (the “Directive”) was approved by the EU Parliament on 16 April 2019.
Jun 28, 2019
Law of 26 June 2019 on trade secrets
The Luxembourg law of 26 June 2019 on the protection of undisclosed know-how and business information (“trade secrets”) against their unlawful acquisition, use and disclosure (the “Law”) has been publ