115 results found

Luxembourg has strengthened its enforcement framework for the Register of Beneficial Owners and Trade and Companies Register, granting the Luxembourg Business Registers new administrative powers to monitor compliance and impose sanctions. Starting September 2026, entities with incomplete or inaccurate filings may face progressive penalties including daily fines, administrative deregistration, and potential dissolution.

Our specialists are discussing key updates that we should expect in the ESG area for the asset managers in 2024. The consultation on the sustainable finance disclosure regulation (SFDR)...

The CSSF has published its long-awaited guidance on the implementation of ESMA's ESG fund names guidelines. In today's communiqué the regulator announced...

The European Parliament calls for greater transparency and regulation of third-party litigation funding (TPLF) in the EU.

In the context of the COVID-19 pandemic resurgence in Luxembourg, the measures implemented into Luxembourg law in order to adapt corporate governance rules to the social distancing requirements...

For a few years now the global tax system has been in a period of significant change.

On 31 July 2023, the European Commission (the EC) adopted the new European Sustainability Reporting Standards.

In recent years companies have been undergoing ever more overlapping and interconnected transformations, while increasing market volatility has been making these transformations more urgent...

Luxembourg's Business Registers will begin enforcing compliance sanctions from September 2026, introducing a graduated penalty system for entities with incomplete or inaccurate RCS and RBE filings. The framework progresses from public warnings to daily fines of EUR 40 and potential deletion from the registers, with entities able to regularise their position at any stage to avoid escalating consequences.

Luxembourg's Business Registers has launched an automated enforcement system that continuously monitors corporate filings and beneficial ownership declarations, progressively sanctioning non-compliant entities through warnings, public disclosure of deficiencies, daily penalties up to €3,600, and ultimately striking companies off the register.

Arendt & Medernach advised the sponsors of Lakestar SPAC 1 SE in its IPO on the Frankfurt Stock Exchange.

The European Securities and Markets Authority has issued new supervisory guidance on triangular passporting under MiFID II, addressing how authorized entities can use branches or tied agents in one host Member State to provide investment services in another. This briefing establishes principles to prevent regulatory arbitrage while clarifying supervisory responsibilities among national competent authorities across multiple jurisdictions.

On 10 October 2023, the Commission de Surveillance du Secteur Financier (CSSF) published the outcome of an investigation (CSSF Review) launched in April 2023 on diversity...

Family businesses, when considered a sector unto themselves, are somewhat strange beasts: rather than being united by an activity, a regulator, or a product type, what unites them is how they're made up.

Luxembourg has introduced a new law allowing private limited liability companies (SARLs) to defer payment of their minimum share capital for up to 12 months after incorporation, fundamentally changing the previous requirement...

As of January 1, 2021, new rules on corporate governance will apply to Luxembourg based banks. Indeed, the Luxembourg banking supervisor CSSF has published a few days ago a major...

CRD VI Directive sets out further requirements regarding credit institutions' practices for managing ESG risks.