224 results found

The European regulator, ESMA, issued a public statement in October 2017 defining the enforcement priorities that European national regulators will have during their review of listed companies'...

On December 1st 2014 the European Securities and Markets Authority ("ESMA") issued a Consultation Paper on Guidelines on asset segregation under AIFMD.

On January 30, 2017, ESMA released an Opinion relating to the share classes of UCITS as the Directive governing the UCITS does not prescribe the extent of the differences of the types of the share class that are permitted.

The amendments to the law of 22 March 2004 on securitisation (the "Securitisation Law") proposed by the much awaited draft law 7825 (the "Draft Law") are an encouraging development for investors...

Partnerships are vehicles of choice for the asset management industry, especially in the field of private equity, real estate, debt and other 'illiquid' strategies.

The law of 22 January 2021 modifying the law of 5 April 1993 on the financial sector and the law of 6 April 2013 on dematerialised securities was adopted with the aim to modernise the legal framework for dematerialised securities.

Countering greenwashing is important for all market participants. This is true for issuers, for investors, but also for banks arranging an issuance. To avoid greenwashing or, the opposite...

Luxembourg-based securitisation vehicles have long benefited from a successful, reliable and flexible regime, under the law on securitisation dating back to 22 March 2004.

On 13 October 2023, the CSSF released a circular on remuneration requirements under Directive 2014/65 on markets in financial instruments ("MiFID II") to integrate into the CSSF's administrative practice...

Plutôt que d’abolir les titres au porteur comme l’ont déjà fait ou prévoient de le faire certains pays limitrophes, le Luxembourg, après avoir mené une réflexion de plusieurs années sur le sujet et à la suite de l’introduction du régime des titres dématérialisés en 2013, a fait le choix de conserver la possibilité, pour les sociétés commerciales, d’émettre des actions au porteur sous réserve de leur immobilisation et a ainsi entrepris de réformer le régime juridique attaché aux actions et parts

"UCITS V Proposal Directive", the European Commission has issued on 26 July 2012 its "Consultation Paper" on Undertakings for Collective Investment in Transferable Securities.

There are an estimated 150 million businesses currently in the making worldwide, with about 300 million people involved in making them.

The Luxembourg Stock Exchange is authorised to operate in Luxembourg the business of trading venues – that is, regulated markets, multilateral trading facilities and organised trading facilities – pursuant to the MiFID II Law.

The European Securities and Markets Authority has published on February 17 a Question and Answers document on the Alternative Investment Fund Managers Directive

The Luxembourg Stock Exchange ("LuxSE") recently introduced the Euro MTF Specialist Securities Segment ("EM3S"), expanding its offer of listing possibilities to meet the diverse needs of issuers and investors.

Still recovering from IFRS 15 and IFRS 9 implementation for 2018 year-end financial statements? Well, don't relax just yet…It's time to gear up for the latest challenge: IFRS 16.

To ensure that the depositary performs its duties properly, the regulation provides a detailed list of all the elements to be included in the written depositary contract.