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  • Article

    Takeover Of Intermediation In Life Insurance – New CAA Circular Letter 22/22

    On 22 December 2022, the Commissariat aux Assurances (the CAA) released Circular Letter 22/22 on the takeover of intermediation in certain types of life insurance contracts (Circular 22/22).
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG: The EU Commission's April 2021 Package And Beyond

    Firstly, on 20 April 2021, a political agreement was reached on the text of the European Climate Law , a new, directly applicable EU Regulation.
    European UnionFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    ESG In The Banking And Insurance Sectors – Update On Sustainability-related Disclosures

    On 25 July 2022, Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 ("CR 2022/1288") was published in the Official Journal of the European Union.
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    ESG In The Banking, Financial And Insurance Sectors - ESAs Opinions On European Sustainability Reporting Standards

    On 26 January 2023, the European Insurance and Occupational Pensions Authority ("EIOPA"), the European Securities and Markets Authority ("ESMA") and the European Banking Authority...
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Taxonomy: EU Commission Publishes FAQ To Clarify The Content Of The Disclosures Delegated Regulation Under Article 8

    The EU Commission published on 6 October 2022 the updated FAQs to clarify the content of the Commission Delegated Regulation (EU) 2021/2178 of 6 July 2021 (the "Disclosures Delegated Regulation")...
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    ESG In The Insurance Sector - Update On The Integration Of Sustainability Preferences Under IDD

    On 20 July 2022, the European Insurance and Occupational Pensions Authority published precious guidance on ESG requirements in the insurance sector.
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New Requirements In Governance Policy And Product Distribution Policy For Credit Institutions, Investment Firms, Insurance And Reinsurance Undertakings Regarding ESG

    Two sets of EU regulations coming into force shortly impact investment firms and credit institutions subject to MiFID (the "Entities") and insurance companies...
    LuxembourgInsurance
    CMS Luxembourg
    CMS Luxembourg
  • Article

    IT In The Insurance World: Walkin' On Clouds

    The first-ever Benelux version of the Insurance Systems Survey is out, looking at insurance technology trends throughout the Benelux region.
    LuxembourgMedia, Telecoms, IT, Entertainment
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Three VAT Jingles Not To Miss Before Year-End

    Have you heard this year's year-end VAT jingles yet? ‘Tis the season of snow, glühwein, and tax rulings!
    LuxembourgTax
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Back To 2018 – Forward To 2019

    The Luxembourg legal framework relating to AML/CTF has been substantially reshaped during 018 with the implementation into Luxembourg law of Directive ...
    European UnionGovernment, Public Sector
    Arendt & Medernach
    Arendt & Medernach
  • Article

    New ML/TF Risk Assessment Questionnaire For Life Insurance Intermediaries

    On 7 February 2023, the Commissariat aux Assurances ("CAA") published Circular Letter 23/3 on the harmonised quantitative money laundering and terrorist financing ("ML/TF")...
    LuxembourgGovernment, Public Sector
    Arendt & Medernach
    Arendt & Medernach
  • Article

    #beLex: New Rules On Deadlines And Penalties For Disputing Cover And Paying Insurance Benefits

    By two laws of 17 March 2024, new rules on deadlines and penalties for possible coverage disputes and payment of insurance benefits were introduced into the Belgian Insurance Act of 4 April 2014 and the Belgian Act.
    LuxembourgInsurance
    Philippe & Partners
    Philippe & Partners
  • Article

    Luxembourg Life Insurance Contract

    Second, an investment fund comprises various stocks and shares offered by various issuers.
    LuxembourgInsurance
    Hance Law Avocats
    Hance Law Avocats
  • Article

    FWU Policies: The Financial Crash Involving Italy And Other Countries

    The crash of FWU Life Insurance Lux S.A., decreed by the ruling of the Tribunal d'arrondissement de Luxembourg on 31 January 2025, is shaking up the European insurance...
    GlobalInsurance
    Arnone & Sicomo
    Arnone & Sicomo
  • Article

    Amendments To The Law Of 5 August 2005 On Financial Collateral Arrangements

    On 24 July 2002, the Law of 20 July 2022 (published in Mémorial A 371, with corrigendum published in Mémorial A 402) entered into force.
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Global Insurers Must Innovate Now…Or Pay The Price.

    KPMG's Global CEO Outlook 2019 is a report based on a survey of 1,300 CEOs across 11 of the world's largest economies. Read on as we take a deeper dive into the key trends and hot topics impacting...
    LuxembourgInsurance
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Luxembourg Regulator Refines Captive And Reinsurance Licensing Processes

    Luxembourg continues to consolidate its position as one of Europe's premier hubs for captive insurance and reinsurance.
    LuxembourgInsurance
    Loyens & Loeff
    Loyens & Loeff
  • Article

    Solvency II Update For Asset Managers

    After a few quiet months Solvency II is back in the spotlight, following regulatory and industry developments.
    LuxembourgInsurance
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Arendt Case Review #5 - April 2019

    Arendt Case Review is a newsletter designed by Arendt Litigation Group to inform you about recent decisions of the Luxembourg and/or European courts
    LuxembourgLitigation, Mediation & Arbitration
    Arendt & Medernach
    Arendt & Medernach
  • Article

    The Hot Summer Of Alternative Investments: Solvency II Updates

    After several months of preparation, the European Commission has recently published its amending regulation on Solvency II, the CDR (EU) 2019/981, effective as of early July 2019.
    LuxembourgFinance and Banking
    KPMG Luxembourg
    KPMG Luxembourg

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