Elvinger Hoss Prussen is proud to be part of the government's initiative to reinforce Luxembourg's climate action under the Paris agreement and the sustainable development goals.

Regulation (EU) 2021/1119 or the "European Climate Law", a landmark text writing into law the EU's commitment to reaching climate neutrality by 2050, entered into force on 29 July 2021.

The "greening" of the financial sector is well underway. With new and upcoming regulations, financial market participants face growing pressure to understand and implement increasingly complex legal obligations.

The Forest Law of 23 August 2023 ("Forest Law") entered into force on 1 October 2023. The Forest Law was introduced with the aim to creating a robust and coherent general legal framework...

An extensive overview of regulatory developments in the first half of 2023 in the field of sustainable finance affecting credit institutions and MiFID firms is provided in the Asset management...

Please see below for more detail on the main amendments to the Benchmarks Regulation introduced by the Amending Regulation and first described in our newsflash published on 15 April 2019:

On 22 March 2024 the Luxembourg regulator (the CSSF) released its supervisory priorities in the area of sustainable finance, which are bringing a few insights on the Luxembourg's regulator's priorities in this area.

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)...

As successive laws on the protection of nature and natural resources have been passed and amended, the regime for existing buildings in green zones has become increasingly stringent.

On 10 October 2023, the Commissariat aux Assurances (CAA) released Information Note 23/9 ("Information Note 23/9") communicating its follow-up on the implementation of climate change...

In today's fast evolving financial landscape, credit institutions must integrate Environmental, Social, and Governance ("ESG") risk management into their internal governance frameworks.

In a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.

In a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.

To cultivate the right perception, it is necessary to demonstrate sustainable operations through reporting, decision-making and marketing.

The CSSF announced in its communication (available here ) published on 2 December 2021 that it has put in place a fast track procedure to facilitate compliance with the taxonomy-related disclosure...

On 5 November 2025, the European Banking Authority (EBA) published its final Guidelines on environmental scenario analysis (EBA/GL/2025/04) (Scenario Guidelines).

The EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official Journal on 22 June 2020.

In order to ensure the protection and preservation of the environment and the improvement of its quality, Luxembourg has recently adopted five laws making up the so-called "Circular Economy Package".

Following its adoption on 28 February 2024, the new Directive 2024/825 has now been published (the Directive). The adoption of the Directive aims...

Yesterday, the European Court of Justice ruled on the question whether - in short - article 6:13 of the General Administrative Law Act