ETFs In Luxembourg: Myths, Realities, And Market Opportunities (Video)

Luxembourg's CSSF imposed a €56,000 fine on Stonehage Fleming Luxembourg S.A. for multiple compliance failures, including significant delays in processing sanctions screening alerts and implementing changes to screening lists. At the time of inspection, hundreds of alerts had been treated with substantial delays and 42 alerts remained completely unnoticed by the financial services provider.

Up to now it is the most popular investment fund among investors and savers.

On August 28, 2014, the Directive 2014/91/EU of 23 July 2014 was published in volume L 257 of the Official Journal of the European Union.

This brochure gives an overview of the key features of a SICAR (Investment Company in Risk Capital) and outlines the main changes brought to the SICAR regime further to the entry into force of the Luxembourg AIFM Law.

The Luxembourg-Cayman parallel fund structure is increasingly a preferred product for sophisticated managers seeking to access European, US and Asian capital.

On 11 July 2019 the Bill of Law 7349 , which implements the Securitisation Regulation1 , the EuVECA Regulation2 , the EuSEF Regulation3 , the ELTIF Regulation4

On 23 August 2018, the Luxembourg supervisory authority of the financial sector, the CSSF, published a new circular, Circular 18/697 (the "Circular"), which is addressed to Luxembourg credit institutions ...

The European Parliament vote on the final text of the fourth AML Directive is imminent. The draft Fourth AMLD is based on the revised FATF recommendations (February 2012), but goes beyond.

Luxembourg is modernizing its securitisation framework through two key legislative reforms: the Draft Securitisation Bill and the Deferred Capital Law. These amendments expand financing options for securitisation vehicles, permit active management of broader asset classes in private transactions, and allow deferred payment of share capital for SARLs, potentially reducing incorporation timelines from months to days.

Bill of law 8669 was submitted to Parliament yesterday to authorise the deferral of payment of the minimum share capital for private limited companies (SARLs)...

Directive (EU) 2019/1152 on transparent and predictable working conditions in the European Union (Directive) aims to "improve working conditions by promoting more transparent...

On 6 March 2024, the EU Commission wrote to ESMA commenting on the draft regulatory technical standards (RTS) for Regulation (EU) 2015/760 on European long-term investment funds (ELTIFs)...

In this Eyes on ESG video, Rocco Mezzatesta, Manager in our ESG & Sustainability team, explains the key changes following the EU Parliament's approval of the Omnibus proposal, providing clarity after a year of updates.

A new law significantly eases the work and residence conditions for highly qualified workers who are third-country nationals.

On 23 August 2018, the Luxembourg supervisory authority of the financial sector, the CSSF, published a new circular, Circular 18/697 (the "Circular"), which is addressed to Luxembourg credit institutions ...

On 10 July 2019, the Luxembourg parliament adopted the final text of the bill of law (the "New Law") implementing into Luxembourg domestic law the provisions of Directive.

Bill of law 8669 was submitted to Parliament yesterday to authorise the deferral of payment of the minimum share capital for private limited companies (SARLs)...

The EU Commission published several answers concerning the amended Regulation (EU) 2015/760 (ELTIF Regulation) and thereby clarified a number of questions raised by national competent authorities...

The Luxembourg Accounting Standards Board (Commission des Normes Comptables - CNC) issued Q&A CNC 25/036 today, which replaces Opinion CNC 09/002.

On 16 December 2024, the Council of the EU adopted its fifteenth package of restrictive measures against Russia, which supplements those discussed in our previous newsflashes.