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Luxembourg legal update - June 2013
- Clifford Chance LLP
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- European Union, Luxembourg
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- June 11 2013
The following six regulatory technical standards supplementing the European Market and Infrastructure regulation (EMIR) have been published in the
Luxembourg introduces a dematerialised securities regime
- Clifford Chance LLP
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- Luxembourg
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- June 3 2013
The law dated 6 April 2013 on dematerialised securities (the "Law") establishes a comprehensive legal framework applicable to dematerialised
International regulatory update 13-17 August 2012
- Clifford Chance LLP
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- France, Global, Japan, Luxembourg, Slovakia, United Kingdom, USA
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- August 20 2012
The Financial Stability Board (FSB) is seeking views regarding the appropriate jurisdiction for the establishment of the Global LEI Foundation and Central Operating Unit of the global legal entity identifier (LEI) system
International regulatory update
- Clifford Chance LLP
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- Australia, European Union, France, Germany, Global, Hong Kong, Italy, Luxembourg, Poland, United Kingdom
- -
- August 6 2012
The EBA, EIOPA and ESMA have published a press release confirming that the deadline for the submission of the joint regulatory technical standards covering risk mitigation techniques for OTC derivatives not cleared by central counterparties (CCPs) under the regulation on OTC derivatives and market infrastructures will be postponed
Bill 6318 amending the Law of 13 February 2007 on specialised investment funds
- Clifford Chance LLP
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- Luxembourg
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- September 1 2011
Bill N 6318, which proposes amendments to the law of 13 February 2007 on specialised investment funds (SIF Law), was adopted by the Luxembourg Government Council on 1 July 2011 and laid before the Luxembourg Parliament on 12 August 2011
Luxembourg legal update - September 2011
- Clifford Chance LLP
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- Luxembourg
- -
- September 1 2011
The Luxembourg Parliament has, by a law dated 20 May 2011, adopted bill N 6164
Luxembourg funds quarterly update - July 2011
- Clifford Chance LLP
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- European Union, Luxembourg
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- July 21 2011
Following intensive debates and lengthy negotiations, the final text of Directive 201161EU of the EU Parliament and of the Council on alternative investment fund managers also called the “AIFM Directive” was adopted by the Council on 27 May 2011 and published in the Official Journal of the European Union on 1 July 2011
New Luxembourg licence requirement for non-EUEEA finance professionals
- Clifford Chance LLP
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- Luxembourg
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- June 28 2011
The Luxembourg legislator has introduced a new license requirement for banks, investment firms and other professionals which are incorporated in a non-EUEEA country and which are not established in Luxembourg, but which come occasionally and temporarily to Luxembourg, notably to collect deposits or other repayable funds from the public and to provide any other services within the scope of the Financial Sector Law in Luxembourg
CSSF Circular 11512 dated 30 May 2011 UCITS risk management
- Clifford Chance LLP
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- Luxembourg
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- June 9 2011
On 30 May 2011, the CSSF issued Circular 11512, which provides an overview of the main changes to the regulatory framework relating to risk management in light of CSSF Regulation 10.4 and the publication by ESMA of a number of documents on risk management
Luxembourg legal update - May 2011
- Clifford Chance LLP
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- Luxembourg
- -
- May 18 2011
The CSSF published its Activity Report for 2010 at the end of April
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