46 results found

On 17 February 2017, the Commission de Surveillance du Secteur Financier ("CSSF"), together with the Financial Intelligence Unit ("FIU") have published a new circular...

Two recent Luxembourg judicial decisions have acquitted professionals of criminal liability pursuant to the fight against money laundering.

In today's digital era, enterprises across industries are moving from paper-based to digital means of retaining records of their clients' transactions and the footprints of day-to-day operations.

1954 marked a milestone in the history when, in Edina, Minnesota, construction began on the first-ever modern-era shopping mall.

In a ruling handed down on 26 February 2025, the Court of Appeal in chambers declared inadmissible the criminal proceedings brought against a financial institution on the grounds...

On 28 July 2021, the Luxembourg Tax Administration ("LTA") published Circular L.G.-A no 67 setting out general guidance on the application of administrative fines in cases of tax fraud,...

In recent years, sophisticated cybercriminals have managed to compromise several banks' computer networks, learn their payment processes, and gain access to the relevant IT credentials...

On 23 March 2023, Luxembourg adopted Bill 7671 on the reform of arbitration, which completely recasts the provisions of the New Code of Civil Procedure relating to arbitration, which had remained virtually...

Corruption impacts every sector, but some areas are particularly vulnerable, especially those handling large public funds or delivering essential services like healthcare.

"VAT is a major source of tax revenue for EU Member States.

We will briefly set out hereunder the changes under the Draft PSD3 as well as the new content of the Draft PSR.

Une nouvelle loi sur la gestion et le recouvrement des avoirs saisis oblige tous les acteurs, et notamment les établissements bancaires et prestataires de services financiers...

On 26 February 2019, the Court of Justice of the European Union ("CJEU") issued its decisions in six cases which deal with the interpretation of the Parent-Subsidiary Directive ("PSD") and the Interest & Royalties Directive ("IRD", together the "Directives").

On 2 December 2025, the EU reached an agreement on anticorruption rules to harmonise the approach taken across all Member States. This agreement forms the foundation of a future EU Directive.

In July 2020, the European Data Protection Board ("EDPB") adopted Guidelines on the interplay of the Second Payment Services Directive and the GDPR ("Guidelines ").

On 10 July 2020, the Luxembourg Parliament (Chambre des Députés) adopted a new law relating to professional payment guarantees (garanties professionnelles de paiement, hereafter "PPG") which came.

The CSSF circular 17/650 applies to all persons and undertakings falling under the supervision of the CSSF.