The initial deadline applicable to UCITS custodian banks in order to comply with Circular 14/587 was December 31st 2015.

The International Comparative Legal Guide to Gambling provides a current and practical cross-border insight into gambling law, following a Q&A format to ensure thorough coverage of the topic within different legal systems worldwide.

Luxembourg signed a protocol to the income tax treaty with France on September 5th 2014. The French Protocol introduces a so called "real estate rich company" clause.

Luxembourg signed a protocol to the income tax treaty with France on September 5th 2014 ("French Protocol").

On September 17th 2014, the Grand-Duchy of Luxembourg inaugurated its Freeport, a facility constructed at the Luxembourg airport next to the Air Cargo Terminal.

The recently ECJ ruled that a domestic law which provides for a substantial penalty where a taxable person failed to record on time its obligations affecting the calculation of VAT, is compatible with European Union law.

The Luxembourg Accounting Standards Board, Commision des Normes Comptables, issued a general notice regarding the accounting term of floating financial year.

The draft law 7791 aiming at clarifying whether the rules regarding financial assistance contained in the Luxembourg law on commercial companies of 10 August 1915, as amended (LSC)...

The CSSF has published Press Release 15/01 to the attention of issuers of securities subject to the law of January 11th 2008 on transparency requirements for issuers of securities, as amended.

Under EMIR, all EEA counterparties subject to reporting need to provide a pre-legal entity identifier pending the finalisation of a global LEI, to meet the reporting obligations.

A draft law on the taxation of the latent gains in case of transfer of an enterprise or a permanent establishment outside Luxembourg was recently submitted to the Luxembourg Parliament.

The ECJ ruled that a domestic law which provides for a substantial penalty where a taxable person failed to record on time its obligations affecting the calculation of VAT, is compatible with European Union law.

On September 1st 2014, the CSSF published Press Release 14/47 relating to the introduction of a new form "Application questionnaire to set up an UCITS".

Draft Law N°6706 dated July 17th 2014 intends to modify the net wealth tax assessment procedure in order to simplify and accelerate the assessment process.

On February 2nd 2015 the European Securities and Markets Authority ("ESMA") published its final report on possible delegated acts concerning the Market Abuse Regulation ("MAR"), following its publication of the Consultation Paper on July 15th 2014.

One of the toughest hurdles to overcome for young entrepreneurs or those that have access to limited resources is constituted by the minimum required capital necessary for the setting up of a company.

The CSSF issued on January 13th 2015 its press release 15/04 in order to draw the attention of all Luxembourg domiciled AIFMs and of all non-EU AIFMs under article 42 of the AIFMD to the reporting deadline applicable to them.

Last January 31st 2015 was the first reporting deadline for most Luxembourg market participants to file their alternative investment fund managers ("AIFMs") and alternative investment funds ("AIFs") reports under AIFMD.

The Stock Connect, developed jointly by the stock exchanges and clearing houses in Shanghai and Hong Kong, encompasses about 800 stocks in total.

On July 30th 2014 the Higher Administrative Court of Luxembourg (Cour Administrative) issued a decision on the application of the Luxembourg intellectual property tax regime.