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  • Article

    Amendment Of Regulation On European Long Term Investment Funds ("ELTIFs")

    On 20 March 2023, Regulation (EU) 2023/606 of the European Parliament and of the Council of 15 March 2023, amending the ELTIF Regulation (EU) 2015/760 (the "Amended ELTIF Regulation")...
    European UnionFinance and Banking
    Luther Luxembourg S.A.
    Luther Luxembourg S.A.
  • Article

    Cross-border Distribution Update

    Regulation (EU) 2019/1156 ("CB Regulation") and Directive (UE) 2019/1160 ("CB Directive") on cross-border distribution became applicable on 2 August 2021. On the same date...
    European UnionFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
Article

EU Legislative Proposals To Facilitate The Cross-Border Distribution Of Investment Funds

These proposals contain a Directive, which would have to be implemented into local legislation, and a Regulation which would have direct effect in EU Member States
European UnionFinance and Banking
Atoz Tax Advisers
Atoz Tax Advisers
  • Article

    Making The PRIIPs KID More Consumer Friendly

    As part of its EU Retail Investment Strategy, the EU Commission is proposing targeted amendments to the PRIIPs KID aimed at improving the information disclosed within it.
    European UnionFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    PRIIPs KID: Another Chapter In A Never-ending Story

    On 22 October 2021, the European Parliament's ECON Committee, by way of simplified procedure, approved two legislative proposals: one to further extend the implementation of the revised amendments...
    European UnionFinance and Banking
    Arendt & Medernach
    Arendt & Medernach
  • Article

    Sustainable Finance Update (Asset Management): Final Report On SFDR RTS Regarding Taxonomy-Related Disclosures

    On 22 October 2021, the European Supervisory Authorities or ESAs (EBA, EIOPA and ESMA) presented the European Commission with their Final Report on the draft Regulatory Technical Standards (RTS)...
    European UnionFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Updated CSSF FAQs On UCI Law And MMF Regulation: Change Of Regulatory Practice Concerning The Holding Of Ancillary Liquid Assets By UCITS

    On 3 November 2021, the CSSF has announced in its Press Release 21/26 that it has published updated versions of (i) its FAQs on the Luxembourg law of 17 December 2010 relating to ...
    European UnionFinance and Banking
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Brexit Update

    Since the UK's withdrawal from the EU on 31 January 2020, in accordance with the Withdrawal Agreement concluded between the UK and the EU ...
    European UnionGovernment, Public Sector
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    New Communication From The CSSF To UK Managers In The Context Of Brexit

    Today, the Luxembourg financial supervisory authority (the CSSF) released a communication on Brexit1 which follows up on previous communications issued by the CSSF regarding the...
    European UnionGovernment, Public Sector
    Atoz Tax Advisers
    Atoz Tax Advisers
  • Article

    European Parliament Rejects The RTS Of The PRIIPs Regulation In Plenary… So… What Happens Next?

    The European Parliament (EP), in its plenary last Wednesday, voted in favour of its ECON Committee's ‘Motion for a Resolution.'
    European UnionInsurance
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    New Dora Standards Prompt ICT Subcontracting Revisions: Elvinger Hoss Prussen

    The European supervisory authorities' final report on digital operational resilience act standards for ICT subcontracting highlights the urgent need for financial entities to revise their service agreements, according to the law firm Elvinger Hoss Prussen.
    European UnionMedia, Telecoms, IT, Entertainment
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    The European Commission Consults On Sweeping Changes To SFDR

    On 14 September 2023, the European Commission launched its long awaited consultation on the implementation and potential shortcomings of SFDR, including its interaction with other parts of the EU...
    European UnionStrategy
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Accounting And Reporting Guidance For US Fund Managers Using Luxembourg Fund Sleeves – New York Office Snippet

    The Luxembourg accounting laws do not require an SLP to prepare and publish annual accounts. However, an SLP that qualifies as Alternative Investment Fund ("AIF")...
    GlobalAccounting and Audit
    Loyens & Loeff
    Loyens & Loeff
  • Article

    Covid-19: Adoption Of Law Extending Deadlines For Disclosing Financial Statements And Other Reporting In The Financial Sector

    On 7 May 2020, the Luxembourg Parliament adopted a law extending the deadlines for publishing annual accounts and related reports mentioned in certain specific laws of the financial sector...
    LuxembourgCoronavirus (COVID-19)
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Central Register Of Beneficial Owners Of Companies And Legal Entities "RBE" – Latest Update

    The Luxembourg Law of 13 January 2019 implementing Directive EU 2015/849 requiring each EU member state to create a central register recording information on beneficial owners of corporates entities entered into force...
    LuxembourgCorporate/Commercial Law
    Atoz Tax Advisers
    Atoz Tax Advisers
  • Article

    New RCS Filing Formalities

    On 6 September 2024, the Luxembourg Business Register ("LBR") issued a public notice detailing a new set of rules regarding the filing process with the Luxembourg Trade and Companies Register ("RCS").
    LuxembourgCorporate/Commercial Law
    ELVINGER HOSS PRUSSEN, société anonyme
    ELVINGER HOSS PRUSSEN, société anonyme
  • Article

    Reliable Sustainability Information: The Dawn Of A New Era

    Environmental, social, and governance (ESG) data is being used more and more systematically. Why? It's ultimately down to a shift in investor mindset towards issues like global warming
    LuxembourgCorporate/Commercial Law
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    The End Of The Unrestricted Access To The Luxembourg Register Of Beneficial Owners – ECJ Joined Cases C‑37/20 And C‑601/20

    Following a decision of the European Court of Justice, access to the Luxembourg register of beneficial owners by the general public was suspended on 22 November 2022.
    LuxembourgCorporate/Commercial Law
    Chevalier & Sciales
    Chevalier & Sciales
  • Article

    The Less Obvious Sides Of ESMA's Enforcement Priorities

    Seeing as the dust hasn't quite settled around IFRS 9, 15 and 16, it can be easy to focus all your attention on compliance with these standards and to sweep everything else under the rug for now.
    LuxembourgCorporate/Commercial Law
    KPMG Luxembourg
    KPMG Luxembourg
  • Article

    The SPAC Is On The Map – Investment With A View To Acquisition

    Arendt & Medernach advised the sponsors of Lakestar SPAC 1 SE in its IPO on the Frankfurt Stock Exchange.
    LuxembourgCorporate/Commercial Law
    Arendt & Medernach
    Arendt & Medernach
  • Showing 741–760 of 1610 results

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