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The Commission de Surveillance du Secteur Financier issued Circular 14/587 which is applicable to UCITS' depositary banks and to the UCITS themselves.

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 3rd 2012, the European Commission published a proposal for a regulation of the European Parliament and of the Council on key information documents for investment products.

On July 18th 2014 the Commission de Surveillance Du Secteur Financier published an updated version of its FAQs concerning the Luxembourg law of July 12th 2013.

The taxation of the capital gains realised by individuals upon the disposal of the real estate part of their private wealth may sometimes be deferred.

The ECJ ruled that contractual terms, even though they constitute a factor to be taken into consideration, are not decisive for the purpose of identifying the recipient of a "supply of services" within the meaning of articles 2(1) and 6(1) of the Sixth VAT Directive.

The central bank of Luxembourg and the People’s Bank of China, signed a Memorandum of Understanding on renminbi clearing arrangements in Luxembourg.

A request for a preliminary ruling regarding Directive 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading, as amended, was filed with the ECJ.

The CSSF issued at the end of June 2014, circular 14/589 which further clarifies some aspects of the Regulation 13-02 relating to the out-of-court settlement of claims.

On July 22nd, the CSSF issued Circular 14/591 on protection of investors in case of a material change to an open-ended undertaking for collective investment.

The "Commission de Surveillance du Secteur Financier" published on March 12th 2013 the 18 page form for assessment and confirmation of compliance with circular CSSF 12/546.

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.

A discussion on the Court of Justice of the European Union ruling, that article 50 of Directive 2002/83/EC concerning life assurance is to be interpreted as meaning that a Member State's right to subject to an indirect insurance tax on life insurance premiums paid by the individual policyholder residing in this Member State overrides the Member State's taxing rights where the contract was concluded.

On April 9th 2014, the European Commission published a proposal for the revision of Directive 2007/36/EC.

On March 18th 2015, the European Commission published a new initiative on tax transparency to fight tax evasion and avoidance.

In Luxembourg, the CSSF has just published Circular 14/587, which introduces new depositary standards in anticipation of UCITS V.

On August 22nd 2014 the ESMA issued an opinion on the application of guidelines issued by the Committee of European Securities Regulators in May 2010.