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Editorial

How to use the law firm profiles section

The profile section contains a list of firms that have taken out commercial profiles in The Legal 500. While the editorial is independent from the commercial profiles, the profiles allow in-house counsel to see an overview of the firm's strengths, locations, key contacts, individual lawyer biographies (all provided by the firm) alongside the firm's current rankings. This provides an easy one-stop-shop for corporate counsel and legal procurement departments to gather information on firms they are looking to instruct.

 

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International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

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GC Powerlist -
Europe

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Luxembourg’s one-euro company provides major incentive for entrepreneurs

    Luxembourg’s law of July 23, 2016, which came into force on January 16, 2017, creates an incentive for entrepreneurs to establish a business in the grand duchy by introducing the simplified private limited liability company (société à responsabilité limitée simplifiée or Sàrl-S) – also known as the one-euro company.
  • ESMA sets out new rules for UCITS share classes

    On January 30, the European Securities and Markets Authority issued an opinion on the minimum principles that management companies must apply when establishing different UCITS share classes. The opinion is aimed at ensuring a harmonised approach throughout the EU, where different national approaches have been observed up to now.
  • UCITS investment limits to be applied to umbrella funds on look-through basis

    The European Securities and Markets Authority has updated its Q&A documents on details of the UCITS rules in November of this year with two additional queries regarding the interpretation of investment limits when a UCITS invests in an umbrella fund.
  • Modernisation of Luxembourg Company Law: changes affecting the S.à r.l.

    The law of 10 August 2016 modernising the law concerning commercial companies of 10 August 1915 and amending the Civil Code as well as the law of 19 December 2002 on the register of commerce and companies and the accounting and annual accounts of companies (the “Law”), entered into force on 23 August 2016. The Law is immediately applicable for all newly incorporated companies. Existing companies have been granted a period of 24 months to adapt their articles of association. The below is a summary of the main changes which affect private limited liability companies (“société à responsabilité limitée” (“S.àr.l.”)):
  • Luxembourg regulator updates rules for UCITS depositaries

    Luxembourg’s Financial Sector Supervisory Authority (CSSF) has issued on October 11, 2016 Circular 16/644, which sets out revised rules applicable to all Luxembourg credit institutions acting as depositary banks for UCITS funds as well as to all Luxembourg UCITS, including self-managed funds, and/or their management companies. The circular sets out regulatory requirements clarifying rules under the updated Luxembourg investment fund law implementing the UCITS V directive, which came into force on June 1, and the European Commission’s Level 2 delegated regulation EU2016/438 regarding the obligations of depositaries, as well as various other matters.
  • UCITS V regulation on depositaries’ obligations comes into force

    The Commission’s delegated regulation (EU) 2016/438 of December 17, 2015, which updates the UCITS regime provisions on the obligations of depositaries, has taken effect as of October 13. The UCITS V Level 2 regulation sets out detailed uniform rules in particular regarding the duties of the depositaries of UCITS funds. The regulation lays down requirements regarding depositaries’ duties, delegation arrangements and the liability regime for UCITS assets under custody, designed to provide a high level of investor protection.
  • New bill on the implementation of the 2017 tax reform package

    27 July 2016
  • Investment Funds: shielding from the new supervision paradigm

    9 August 2016
  • Reserved alternative investment funds (the “RAIF”) for EU and third-country AIFMs

    The RAIF benefits from flexibility in terms of legal structuring, and from all the advantages known to the SIF and SICAR regimes: umbrella structure, toolbox assembly approach and the “well-informed” investor concept. Please refer to our newsflash, to get all the details about the RAIF.
  • Simplified faster legal publication regime in Luxembourg

    The new simplified regime regarding legal publication relating to companies and associations has been implemented in Luxembourg on June 1, following approval of the legislation by the Chamber of Deputies on May 10. The legislation, which was published in Luxembourg’s Official Journal on May 30 as the Law of May 27, 2016, is complemented by a circular issued by the Luxembourg Trade and Companies Register on March 24 (Circular RCSL 16/01).

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to