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  • Article

    "Stop-The-Clock": Points To Consider For Luxembourg Reporting Entities And Groups

    In our most recent Newsflash on the topic, we presented the proposed "Stop-the-Clock" directive as one of two major parts of the first Omnibus Package announced by the EU Commission on 26 February 2025.
    LuxembourgCorporate/Commercial Law
    Arendt & Medernach
    Arendt & Medernach
  • Article

    CAA Update – Teleworking And Electronic Signatures: Changes From 1 September 2023

    On 13 June 2023, the Commissariat Aux Assurances (CAA) issued Circular Letter 23/10 on the teleworking of managers, key functions and other control functions and the use of electronic signatures (Circular Letter).
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Governance In The Insurance Sector - New CAA Circular On The Board Of Directors Of Insurance And Reinsurance Undertakings

    On 29 July 2022, the Commissariat aux Assurances published a new circular letter setting out regulatory requirements for the composition and functioning of the board of directors of insurance...
    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

    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

    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

    DORA (Digital Operational Resilience Act)

    The Digital Operational Resilience Act ("DORA") (i.e. Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Mandatory Disclosure Rules: Five Key Questions For Insurers

    The Mandatory Disclosure Rules (MDR) arose from the ambitious anti-tax avoidance project on Base Erosion and Profit Shifting (BEPS) that the OECD launched in 2015.
    LuxembourgInsurance
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Financial Regulatory News Updates - January

    The first Delegated Act on sustainable activities for climate change adaptation and mitigation objectives has been published in the EU Official Journal in December 2021.
    European UnionFinance and Banking
    Loyens & Loeff
    Loyens & Loeff
  • Article

    EIOPA Guidelines On Outsourcing To Cloud Service Providers

    On 6 February 2020, the European Insurance and Occupational Pensions Authority ("EIOPA") has published its final guidelines (the "EIOPA Guidelines") on outsourcing to cloud service...
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    The Insurance Distribution Directive And Its Consequences For The Luxembourg Life Insurance Industry

    Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 ("IDD" or "the Directive") harmonises national provisions concerning the distribution of insurance and reinsurance products...
    LuxembourgInsurance
    Ogier
    Ogier
  • Article

    Council Approves New Rules On Insurance Recovery And Resolution (IRRD): Key Impacts For (Re)insurance Undertakings

    The European Commission proposed the Insurance Recovery and Resolution Directive (IRRD) in September 2021 as part of the ongoing review of the directive...
    European UnionInsurance
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    ESG In The Insurance Sector – Integrating Sustainability Into The Solvency II And IDD Frameworks

    All insurance and reinsurance undertakings, regardless of their activities.
    LuxembourgInsurance
    Arendt & Medernach
    Arendt & Medernach
  • Article

    BrexitInsurance - Activité D'assurance Au Grand-Duché De Luxembourg En Attendant L'accord Sur Les Services UK-UE

    _L'Accord de Commerce et de Coopération (l'Accord) conclu entre le Royaume-Uni et l'Union Européenne (UE) est entré en vigueur le 1er mai 2020.
    LuxembourgInsurance
    Wildgen
    Wildgen

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