Luxembourg's Anti-money laundering and Counter-terrorism Financing legal requirements for investment funds are broad in scope and applicable to both regulated and unregulated funds.

In less than 4 months the Priips-Kid regulation will come into force.

On 29 July 2021, the CSSF published the results of its review of the Benchmark Regulation ("BMR") compliance by Luxembourg IFMs (as benchmark users) (CSSF Press Release ).

DORA (Digital Operational Resilience Act) entered into force in January 2023 and will apply from 17 January 2025. 2025 may seem a long way off but—given the scale of the measures...

Luxembourg's financial services regulator, the CSSF, has issued a fine against Rakuten Bank SA for various compliance failings including sanctions and AML.

On 13 February, 2017 the Luxembourg Financial Regulator (Commission de Surveillance du Secteur Financier –CSSF) announced its position in respect of ESMA's opinion by issuing press release n°17/06.

Last year the topic of sustainability continued to gain momentum on headlines and in boardrooms...

Alle fünf Jahre müssen die luxemburgischen Arbeitgeber eine Betriebsratswahl abhalten, sofern sie in den zwölf Monaten vor dem ersten Tag des Monats...

Every five years, Luxembourg's employers are required to hold elections for their staff delegations, provided that they had at least 15 employees in the 12 months before the first day...

As the date of application for the Digital Operation Resilience Act (DORA) is fast approaching, it is crucial that financial entities make sure they are prepared to be in compliance with its requirements as of 17 January 2025.

On 31 December, 2016 the State Prosecutor of the Luxembourg Financial Intelligence Unit (Cellule de renseignement financier du Parquet auprès du Tribunal d'Arrondissement de Luxembourg – the CRF)...

On 14 February 2018, the law of 13 February 2018 implementing a substantial part of the 4th anti-money laundering directive ...

It is expected that certain large multinationals will need to comply with public EU Country-by-Country (CbC) reporting rules by mid-2024.

Tous les cinq ans, les employeurs luxembourgeois sont tenus de procéder aux élections de leur délégation du personnel à condition qu'ils occupent au moins 15 salariés...

On 17 February 2017, Luxembourg's financial regulator (Commission de Surveillance du Secteur Financier – CSSF) issued a circular drawn up with the Financial Intelligence Unit in order to provide.

For each of the five DORA pillars, the CSSF survey asks whether the IFM has conducted a gap analysis, enquires about the gaps identified and asks whether mitigation plans are already in place...

Compared to international peers, European financial services firms have faced a more challenging set of circumstances than most.

With new major standards (IFRSs 9, 15, and 16) coming thick and fast, it might be easy to forget about other, newly effective requirements—notably IAS 7 Statement of Cash Flows.

The transfer of data outside the European Economic Area may only be done in compliance with Chapiter 5 of the GDPR (for more information, consult our webinar on the topic).

Today, the Administration de l'Enregistrement, des Domaines et de la TVA – Registration Duty, Estate and VAT Authority...