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NautaDutilh | Luxembourg | 13 May 2022

CSSF Circular 22/810 - Pre-marketing and Cross-border Marketing Notification Procedures

On 12 May 2022, the CSSF published Circular 22/810 on the procedures to be followed by Luxembourg-based undertakings for collective investment in…
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Arendt & Medernach | Luxembourg | 12 May 2022

EU Commission issues draft DEBRA directive providing a debt-equity bias reduction allowance

On 11 May 2022, the EU Commission issued a draft directive proposing a debt-equity bias reduction allowance (the "DEBRA Proposal"). The DEBRA Proposal…
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Arendt & Medernach | European Union, Luxembourg | 12 May 2022

EU Commission issues draft DEBRA directive providing a debt-equity bias reduction allowance

On 11 May 2022, the EU Commission issued a draft directive proposing a debt-equity bias reduction allowance (the “DEBRA Proposal”). The DEBRA…
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Arendt & Medernach | European Union, Luxembourg | 10 May 2022

Supervisory monitoring of the quality of transaction reports under EMIR

The CSSF recently issued a press release informing market participants about an EMIR reporting data quality campaign that will be run throughout this…
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CMS Luxembourg | Luxembourg | 5 May 2022

Luxembourg regulator published a guidance for consumers in the context of virtual assets

On 27 April 2022, the CSSF published a guidance for consumers in the context of virtual assets (the “Guidance”). In the context of digital…
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Baker McKenzie | Luxembourg | 3 May 2022

Luxembourg: Teleworking — it’s time for action!

With the COVID-19 pandemic coming to an end, agreements regarding taxation and Social Security legislation for cross-border workers who…
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CMS Luxembourg | Luxembourg | 2 May 2022

Luxembourg financial regulator adopts new rules governing outsourcing arrangements

On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") published a set of documents on outsourcing arrangements (the…
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CMS Luxembourg | Luxembourg | 2 May 2022

Piercing the corporate veil of a Luxembourg limited liability company - Recent case law

On 3 April 2019, the Luxembourg court of appeal reiterated certain principles applicable for a claimant seeking to Pierce the corporate veil of a…
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CMS Luxembourg | Luxembourg | 2 May 2022

Luxembourg regulator announces new requirements on central administration, internal governance and risk management

On 22 April 2022, the CSSF released Circular CSSF 22/807 which updates the Circular CSSF 12/552 on central administration, internal governance and…
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Arendt & Medernach | European Union, Luxembourg | 29 Apr 2022

Central administration, internal governance and risk management requirements: CSSF update

On 22 April 2022, the Commission de Surveillance du Secteur Financier (the “CSSF”) issued the Circular CSSF 22/807 updating the amended Circular CSSF…
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