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  • Article

    EU Commission Proposal For An EU Financial Transaction

    On February 14tth 2013 the EU Commission adopted a proposal for a directive implementing enhanced cooperation in the area of financial transaction tax.
    LuxembourgFinance and Banking
    BSP
    BSP
  • Article

    Favourable CJEU Clarification On The VAT Exemption For Fund Management Services

    On 17 june 2021, the Court of Justıce of the European Unıon (CJEU) rendered ıts judgment ın joıned cases K (c-58/20) and DBKAG (c-59/20) dealıng wıth the questıon of whıch condıtıons must exıst ın
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
Article

Forged Transfer Orders: Typologies

On 24 April 2019, the Financial Intelligence Unit ("FIU") of the Luxembourg Prosecutor's office published a note on forged transfer orders which particularly addresses their typologies and indicators.
LuxembourgFinance and Banking
ELVINGER HOSS PRUSSEN, société anonyme
ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Increase Of CSSF Fees

    On 22 December 2017, the Grand Ducal Regulation of 21 December 2017 relating to the fees to be levied by the CSSF ("Regulation") ...
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Inducements Under The IDD (Compared To MiFID)

    The Insurance Distribution Directive (IDD) is to insurance what MiFID is to investments. It repeals the directive on insurance mediation and regulates specific insurance-based investments, including inducements.
    LuxembourgFinance and Banking
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    Launch Of The ESMA Common Supervisory Action On Sustainability Risks And Disclosures In The Investment Fund Sector In Luxembourg

    On 6 September 2023, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published a communication announcing that, on 29 August 2023...
    LuxembourgFinance and Banking
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Launching EU Investment Hubs: US Fund Managers: Launching An In-house AIFM In Luxembourg – New York Office Snippet

    This is the third and final Snippet in our series on the insourcing of functions in Luxembourg fund structures.
    LuxembourgFinance and Banking
    Loyens & Loeff
    Loyens & Loeff
  • Article

    Launching EU Investment Hubs: US Fund Managers: Structuring Through Luxembourg, Any Need To Lose Sleep Over CSRD? – New York Office Snippet

    US fund managers (USFM) raising capital in the EU often establish a Luxembourg fund vehicle (Lux Fund). If the Lux Fund's investment strategy targets Europe, it commonly makes those investments via Luxembourg...
    LuxembourgFinance and Banking
    Loyens & Loeff
    Loyens & Loeff
  • Article

    Loan Origination - CSSF Guidance On Private Lending

    On 15 June 2021, the CSSF updated its FAQs on the statuses of the Professionals of the Financial Sector by issuing clarifications on lending activities falling out of scope of the authorisation requirement, laid down by article 28-4 ...
    LuxembourgFinance and Banking
    Ogier
    Ogier
  • Article

    Luxembourg Adopts Law Establishing An Aid Scheme For Businesses To Support Transition To Net-zero Economy

    On 3 July 2025, after obtaining EU Commission approval, Luxembourg adopted a law establishing an aid scheme for the transition to a net-zero economy.
    LuxembourgFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Luxembourg CSSF Communication On Temporary Permissions Regime

    On 19 November 2020, Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (″CSSF″) issued a press release regarding the United Kingdom's (″UK″)...
    LuxembourgFinance and Banking
    Maples Group
    Maples Group
  • Article

    Luxembourg Fund Financings: What Is The Role Of Depositaries?

    In a previous article, we discussed the role of the AIFM of a Luxembourg alternative investment fund (AIF) in a fund financing transaction.
    LuxembourgFinance and Banking
    Dechert
    Dechert
  • Article

    Luxembourg IFMs - CSSF Questionnaire On SFDR

    The CSSF is launching a data collection exercise targeting the following Luxembourg-domiciled financial market participants (the FMPs)...
    LuxembourgFinance and Banking
    Norton Rose Fulbright
    Norton Rose Fulbright
  • Article

    Luxembourg Leadership Team Expands With Three Senior Hires

    We are delighted to announce the expansion of our regional leadership team in Luxembourg with the hires of Susana Carvalho - Associate Director, Head of Funds Operations, Emmanuelle Poret
    LuxembourgFinance and Banking
    Ocorian
    Ocorian
  • Article

    Luxembourg’s AIFM Directive Transposition Law Comes Into Force

    The legislation transposing the European Union’s Alternative Investment Fund Managers Directive into Luxembourg law, approved by the grand duchy’s Chamber of Deputies last Wednesday, July 10, has come into force.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    LuxSE Euro MTF FastLane Admission Procedure

    Specific types of securities issued by eligible issuers may now benefit from the FastLane Admission for the listing without having to get the relevant prospectus approved by LuxSE...
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    MiFID II: Recent Publications

    The Law of 30 May 2018 implementing the revised EU Markets in Financial Instruments regime (MiFID II) into Luxembourg law ("MiFID II Law ") entered into force on 4 June 2018
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    NAV Calculation Error And Investment Breaches

    The CSSF clarifies its expectations in relation to CSSF Circular 02/77 on NAV calculation error and investment breaches.
    LuxembourgFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    New AML/CFT External Report - CSSF Circular 21/788

    On December 22, 2021, the CSSF issued guidelines for the fund industry regarding the new external report on anti-money laundering and financing of terrorism measures that must be drawn up by an external expert.
    LuxembourgFinance and Banking
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    New Bill Brings Luxembourg To The Forefront Of Distributed Ledger Technology

    On 22 January 2021 Parliament approved Bill 7637, which modified: the Law of 5 April 1993 on the financial sector; and the Law of 6 April 2013 on dematerialised securities.
    LuxembourgFinance and Banking
    NautaDutilh Avocats Luxembourg
    NautaDutilh Avocats Luxembourg
  • Showing 681–700 of 1610 results

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