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Attention Audit Committees! Are You Set For 2017? (Step 5)
Audit committees ("ACs") have taken on new roles since new regulation took effect earlier this year.
KPMG Luxembourg
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Legislative Proposal Monitoring Equal Opportunities In Recruitment And Selection Passed By House Of Representatives
On 14 March 2023, the House of Representatives passed the legislative proposal Monitoring equal opportunities in recruitment and selection (wetsvoorstel Toezicht gelijke kansen...
Loyens & Loeff - Article
Luxembourg Law On The Exploration And Use Of Space Resources Entered Into Force
The Luxembourg law on the exploration and use of space resources of 20 July 2017 entered into force on 2 August 2017 and placed Luxembourg among the most innovative space-oriented nations in the world.
Arendt & Medernach - Article
EU Space Act: A New Regulatory Orbit For Operators
On 25 June 2025, the European Commission published its Proposal for a Regulation on the safety, resilience and sustainability of space activities in the Union.Loyens & Loeff - Article
Attic Ghosts Or No One Is Expected To Ignore The Law And Urban Planning Regulations
Attics and lofts are the space under the roof between the frame and the top floor. Sometimes they are empty, sometimes they are fitted out.
DSM Avocats à la Cour - Article
Implementation Of Non-Performing Loans Directive: GDPR Implications
On 18 July 2024, the Law of 15 July 2024 on the transfer of non-performing loans (the "NPL Law") transposing Directive (EU) 2021/2167 on credit servicers and credit purchasers...ELVINGER HOSS PRUSSEN, société anonyme - Article
DORA Compliance: A Continuous Journey
EU Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) came into effect on 16 January 2023 and has been fully applicable since 17 January 2025. Financial entities within DORA's scope.ELVINGER HOSS PRUSSEN, société anonyme - Article
Key Takeaways From CSSF Circular 24/856 On The Protection Of Investors And Replacing CSSF Circular 02/77
On 29 March 2024, the CSSF published Circular 24/856 , which repeals CSSF Circular 02/77 and contains updated guidelines to be followed by the investment fund industry...ELVINGER HOSS PRUSSEN, société anonyme - Article
New CRS And FATCA Legislation: A Real Change?
In our November 2019 ATOZ blog (Upcoming FATCA - CRS Issues: What the Alternative Fund Industry Needs to Know), we noted that the Luxembourg tax authorities more frequently...
Atoz Tax Advisers - Article
International Sanctions Compliance In Luxembourg: Update On Recent EU Measures And CSSF Guidance
The last quarter of 2025 has brought several material changes to the international sanctions landscape that affect natural and legal persons established in Luxembourg, the most important of which are discussed below.ELVINGER HOSS PRUSSEN, société anonyme - Article
5G: Opportunities And Legal Challenges - Part 3. The Deployment Of SAWAPs Access Points For 5G Networks In Light Of The European Electronic Communications Code
Part 3. The deployment of SAWAPs access points for 5G networks in light of the European Electronic Communications Code...ELVINGER HOSS PRUSSEN, société anonyme - Article
Schrems II: What Is (or Should Be) On Your To-do List For International Data Transfers?
Today, on 16 July 2020, the Court of Justice of the European Union (CJEU) handed down its Schrems II judgment invalidating the European Commission's adequacy decision with respect...NautaDutilh Avocats Luxembourg - Article
DAC6 – Luxembourg Implements The New Reporting Obligations Of Tax Intermediaries
On Saturday 21 March 2020, the Luxembourg parliament passed the law implementing the Council Directive (EU) 2018/822 of 25 May 2018 ("DAC6") regarding the mandatory exchange of ...Atoz Tax Advisers - Article
Navigating New CNIL Sanctions: What You Need To Know
The Commission Nationale de l'Informatique et des Libertés (CNIL) is an independent French administrative regulatory body whose mission is to ensure that the collection, storage, and use of personal data comply with data privacy law.Goodwin Procter LLP - Article
EU And Luxembourg Update On The European Harmonised Rules On Artificial Intelligence—Recent Developments
The EU is ushering in a new era of artificial intelligence regulation with the introduction of the AI act dated 13 June 2024, a comprehensive framework designed to govern the development, deployment, and use of AI systems across the EU.
K&L Gates - Article
Anticipated Amendment Of The SFDR And Its Level II RTS: What Does It Mean In Practice?
Luxembourg continues to be the leading hub for the establishment of investment funds in Europe. One of the most important current trends driving development in the Luxembourg fund industry is sustainable finance, in particular the Sustainable Finance Disclosure Regulation.Loyens & Loeff - Article
CSSF Circular 22/811 On UCI Administrators
On 16 May 2022, the CSSF issued Circular 22/811 concerning the authorisation and organisation of entities acting as UCI administrators...ELVINGER HOSS PRUSSEN, société anonyme - Article
AI Act Adopted: Introduction To The 458-Page EU Legislation
On 21 May 2024, the European Council gave its final approval to the regulation laying down harmonised rules on artificial intelligence (the "AI Act"), a comprehensive legal framework designed to address the development.ELVINGER HOSS PRUSSEN, société anonyme - Article
Targeting Swiss Pension Funds: How Sponsors Can Market To And Onboard Swiss Pension Funds
Given the size of the Swiss pension fund market, it presents a highly attractive opportunity for non-Swiss fund sponsors – especially as Swiss pension funds increasingly seek international diversification.Loyens & Loeff - Article
CSSF Thematic Review On The Implementation Of Sustainability-related Provisions In The Investment Fund Industry
The CSSF published a report of its Thematic Review on the implementation of sustainability-related provisions in the investment fund industry.Arendt & Medernach
